Fred & Farid, that deliciously witty agency in Paris, is out with a "case study" video about what really happened during the Publicis Omnicom merger and why it failed. It seems Fred
& Farid misled Maurice Levy and John Wren a bit so that when the two first met up to discuss the deal, both Maurice and John thought they were top dog. Naturally, a testosterone-fueled fight
ensued. But, there were funny pictures, and in the end, Sir Martin Sorrell came out smiling. And everyone loves a smiling Sir Martin Sorrell. Watch the video.
The Art Directors Club, which is doing its damnedest to get everyone to call it ADC, is out with Portfolio Cards, a partnership with Twitter that allows up-and-coming young creatives seeking the attention of creative directors worldwide to use Twitter Cards to highlight their portfolios. And to make sure everyone keeps talking about The Art...uh...ADC following the close of its Portfolio Night this week. They're calling it the TweetFolio. Cute. To make it work, budding creatives place four projects in a Portfolio Card using the Twitter Gallery Card, @PortfolioNight tweets the card, the tweet will be seen by those following @PortfolioNight and CDs can expand the tweet to check out the work.
Former Havas Worldwide New York Chief Digital Officer Alex Bombeck has landed at Sparks Grove, the marketing and creative division of North Highland. Bombeck will lead the Atlanta-based division, which provides marketing, visioning and visualization (whatever that is), emerging interactions, and communication services. Of his move, and his family's, to Atlanta for the gig, Bombeck said: "After almost 20 years in the marketing services industry, I have gained an appreciation for both the art and the science of brand relationships, communications frameworks and platform integration. I appreciate the uniqueness of the Sparks Grove business model, as well as North Highland's world-class advisory, strategy and execution expertise. I look forward to working alongside the accomplished team at Sparks Grove." Bombeck joins Sparks Grove as the agency saw 50% growth in revenue over the past two years, has grown to 80 staffers and is adding 5,000 square feet to its Atlanta office space.
Changes are afoot over at Ogilvy & Mather UK. Annette King has been promoted to Chief Executive Officer, succeeding Paul O’Donnell, who has been promoted to CEO of Ogilvy & Mather Europe, Africa and the Middle East. King will continue to lead OgilvyOne in the EAME region and will still report to O’Donnell who retains his role as Chairman of Ogilvy & Mather UK. Both will be based in London and take up their roles immediately. Of her new gig, King said, “I am incredibly excited to have the opportunity to run Ogilvy & Mather UK. I can't wait to start working with the teams across the group to take the business forward, building on the enormous growth of the last five years."
Lexington, Kentucky-based agency Meridian-Chiles has shut its doors and filed for bankruptcy. The agency owes $5.1 million in back payments to creditors. Half of that amount is owed to Central Bank. Larry Chiles and Jim Jordan founded the company, which was originally known as Jordan-Chiles, in 1988. Chiles bought Jordan out in 2006.
And so the NewFronts. That time when all things digital trot out their offerings to all things agency in hopes that the latter opens its wallet for the former. And any time you give a marketing
person a chance to get on stage and sell themselves, what you usually end up with is, well, something other than normal.
Today, it seems, DigitasLBi pulled out all the stops and went full on gospel. According to this tweet, it seems the agency has gone biblical.
So what was the epic craziness all about? The agency struck a deal with Vox Media that offers the agency a first look at Vox Media's native product, Chorus for Advertising. Ah ha! There's the gospel tie in. Now it all makes perfect sense.
Well, here's a newsflash. Production company Spotburner, which would rather you called it a full-service digital agency, has...wait for it...announced guaranteed turnaround time on premium content.
That's right. The production company...uh...digital agency will deliver its work to clients on time! Hold the phone! Stop the presses! A company promises to do what it says when it says it will do
This is unprecedented news in the advertising industry, let alone in any industry. I mean, this is unheard of! Never in all my years of selling crap to people who neither want it or need it have I ever come across a company that promised to deliver the goods by the promised due date.
Of the epic promise, Spotburner Founder Bob Bekain said, “I noticed a lot of unnecessary delays for the client while waiting for their content, so I created Spotburner as a means to provide premium content at a fair price, with a guaranteed turnaround time.”
My God! What's next? A company promising to buy clients lunch when they come to a midday presentation?
More than two-thirds, or 68%, of marketers and agency executives plan to increase their digital video ad budget spend over the next 12 months, according to the Digital Content NewFronts: Digital
Video Spend Study, a survey of 305 buy-side professionals conducted by Advertiser Perceptions and released today by the Interactive Advertising Bureau.
The buy-side expects greater digital video spend will come from increased ad budgets in 2015 and a shift away from broadcast and cable television. Two-thirds, or 67%, of survey respondents said that they anticipate their broadcast and cable TV ad budgets to stay the same or decrease in the next year.
The study also revealed that two-thirds of marketers and agency executives, or 67%, believe original digital video will become as important as original TV programming within the next 3 to 5 years.
In addition, 8 in 10 advertisers and agency executives who attended the 2014 NewFronts agree their participation resulted in more spending on original digital video content and motivated them to increase their 2015 budgets.
Of the study, IAB Senior VP of Research, Analytics and Measurement Sherill Mane said: “This study demonstrates unequivocally that digital video is a fierce competitor for advertising dollars. Brand advertisers and media buyers have been dramatically increasing their commitment to digital video, so all signs point up for this captivating form of storytelling as the industry rallies for the NewFronts.”
Ever since the advent of crowdsource-fueled creative entities like 99Designs, Freelancer and Fiver, design studios -- which previously buttered their bread with business from ad agencies -- are now
upping their game, cutting out the agency and going direct to the brand for business.
Of the trend, Design Business Council Head Greg Branson said: “A lot of the designers I work with have a strategy partner or a senior person in the business that does strategy. Many of them have been recruited by the designer out of the advertising industry, with the intention of taking their business to a higher level and offering a broader range of services."
While a design studio isn't going to take over the Coke account any time soon, shifts like this are on the rise. Interestingly, even before 99Designs and the like, Barbarian Group -- which prior to Subservient Chicken was a tech design studio of sorts -- transformed itself into a full-blown agency complete with all the usual agency services.
No, there won't be a weekly parade of design studios making it big like Barbarian did, but market conditions have changed significantly enough that we will continue to see more of this.