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GroupM’s mConsult’s annual study, This Year, Next Year paints a picture of growth for TV and radio, while newspapers and magazines, in addition to outdoor, will be hit hard. Although the economic situation in India is not as dismal as opposed to some of the other markets, the general sentiment continues to be negative. This is a result of global linkages of several key Indian players who are affected by parent company performance in other markets.
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Sweeping Omnicom shake-up will scrap three storied creative networks—DDB, FCB and MullenLowe.
Shorter attention spans have transformed the way content is being consumed and the brands are paying attention.
Sobhani is currently president and global chief creative officer at DDB Worldwide.
Move comes after Omnicom acquired IPG last week.