Campaign India Team
May 05, 2011

WPP and IMG Worldwide announce global licensing collaboration

The partnership will offer and provide licensing services to clients from WPP’s portfolio of agencies

WPP and IMG Worldwide announce global licensing collaboration


WPP and IMG Worldwide has announced a worldwide partnership to collaborate in offering consumer products licensing and merchandising services. 
As part of the multi-year agreement, WPP and IMG will establish a joint team and share resources to offer and provide licensing services to clients from WPP’s portfolio of agencies.  
Martin Sorrell, chief executive officer, WPP said, "More than ever, licensing is emerging as one of the new creative ways of developing brands and sales.  It is a capability we see as increasingly important to our clients.  We wanted to offer this important discipline in a global execution and with the market leader - that is IMG.  In our view, there could be no better partner to help us achieve our goals in this area."
George Pyne, president of IMG’s Sports and Entertainment Group added, “WPP’s agencies have an impressive roster of clients coupled with the brand knowledge and consumer insights that come from years of experience working with them. We believe that our global execution capability and specialized expertise in the licensing business coupled with their deep-rooted knowledge and relationships with certain client companies can yield some very beneficial and successful partnerships.  This is a really natural collaboration that was waiting to happen.”
A note from IMG stated that executives from the WPP-IMG partnership will be meeting with advertisers who have expressed interest in developing brand licensing programs or who have potential to do so.
It also noted that the new WPP venture is an additive unit to IMG Licensing's existing operations and the latter will continue to serve existing and new clients without change.
Campaign India

Related Articles

Just Published

4 hours ago

ABP Network joins the creative bandwagon with ‘ABP ...

The content division will create pan-Indian stories for audiences globally

4 hours ago

Hindware showcases smart range of bathware with ...

Watch the film conceptualised by MagicCircle Communications

5 hours ago

P&G's Pampers gets fathers to share the parenting load

Watch the film conceptualised by Leo Burnett India here

7 hours ago

Unilever inclusivity plan to tackle living wage, ...

CEO Alan Jope said commitments to address social inequality "will make Unilever a better, stronger business", and pushed for "collective action" in addressing widening social divides