#mediasnack

ARE 50% OF CMOs USELESS IN 2016?: #MediaSnack Ep. 42

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Sinopsis

On this week's #MediaSnack we are back to school, after an unusually busy summer for the media industry, we review some of the biggest stories of the last 3 months. This will help catch you up if you've been on the beach. The scale of progress in the global media industry is immense and it's interesting to review what's happened in just the last quarter. First, we review news that Diageo, the global drinks giant has concluded its hasty media agency review and it's pretty much as you were. Dentsu Aegis retained their most important global client. You might recall on a previous #MediaSnack we were surprised that Diageo had called a review because we regarded them a highly loyal to their long relationship with DA agency Carat. Retaining clients of this scale is as good as a win, this year the media agency pitch market has been significantly slower than the madness of 2015's MediaPalooza so these global pitches are highly contested both in terms of the commercial offer and the agency talent working on them. It's