Cannes Lions 2023 countdown: CEO Simon Cook on what to expect, from awards to AI
Sustainability and inclusion will be under scrutiny at festival
Sustainability and inclusion will be under scrutiny at festival
Share award is worth ten times his annual salary
Inflation encourages clients to invest in marketing, WPP CEO says
'Automation-first' mindset will increase profitability, agency group says
Ad group forecasts between 3% and 5% growth in 2023
CEO talks to Campaign at Q4 results about rewarding talent and paying an average salary increase of 8% last year
Second year in a row of 10% revenue growth
More than 30 major companies have already committed “to erase the stigma of cancer in the workplace” by guaranteeing jobs for staff living with cancer
WPP was weakest performer among 'big four'
Jon Cook and Mel Edwards say criticism over the loss of legacy agency brand names like J Walter Thompson and Young & Rubicam disrespects the work put into evolving them.
US agency group buys digital commerce business from owner of Cannes Lions
Job cuts are likely to be part of plan focused on simplification at Group M and VML
WPP's CEO talks to Campaign after Q3 revenue decline
There has been demand from luxury sector to recognise creativity, awards organisers say
French agency group expects organic revenue to be ahead of most rivals
Publicis CEO talks to Campaign after Q3 results beat forecasts
“Publicis will undoubtedly be the industry leader for organic growth”, analyst says
His focus is on driving ‘operational effectiveness’
Organic revenue rose 7.1% for second quarter in a row despite economic uncertainty
Agency has more than 150 staff and $160 million in billings
Deal is 'unlikely' for a number of reasons, Bank of America says
Omnicom seized back crown from WPP
Accenture Song CEO talks to Campaign
Agency group 'reinforces talent pool' as it sees 'opportunity' in challenging 'new Omnicom'.
EssenceMediacom, Mindshare and Wavemaker brands will still operate globally and local market CEOs will retain their roles.
The visceral response to the latest restructuring has been a lament for the way the holding company has moved too slowly and downgraded its agency brands over many years.
Grey will split from AKQA as part of the move.
Gideon Spanier explains the likely impact of the impending Omnicom takeover of Interpublic.
US-based Omnicom still requires consent of regulators in 17 markets to acquire IPG.
CEO outlined client examples in 23-minute video presentation.
The operations in India grew 2.8% but China declined by 20.8% on the back of pressures surrounding Group M.
'We aim to rebuild our international business on our own,' Hiroshi Igarashi says, although it is considering other options.
New CEO invited staff to a global town hall on September 4 in a video address.
Close ally of outgoing CEO Mark Read will support new boss Cindy Rose until end of 2025.
Agency group cuts staff incentives by 60%.
The company continues to invest heavily in AI through its new ‘to be determined’ (TBD) Lab, which remains in active hiring mode under Chief AI Officer Alexandr Wang.
Japanese agency group is 'too big' to buy outright, Havas said.
The CEO also discussed the fight for top talent and how Omnicom’s impending acquisition of IPG has 'already' changed the new-business market.
Acquisition ‘reinforces’ the owner of Campaign and PRWeek's market-leading position in marcomms.
Oteh spoke at Campaign Live in her first UK interview since taking charge.
Ezekiel currently has dual role as CMO of WPP and CEO of WPP Open X, the holding company’s bespoke global agency for Coca-Cola.
Publicis CEO spoke to Campaign at Q2 results.
She is already a WPP non-executive director on its board.
Analysts assessed whether further downgrades will be a broader industry issue.
Winners announced on final night at Palais.
Five of Campaign's global editors spoke on a panel at Campaign House in Cannes.
Board begins formal search for new CEO.
Arthur Sadoun calls on Omnicom to change how it reports revenues to improve transparency after IPG takeover.
Consulting firm is helping to 'facilitate and stress-test' planning for new strategy.
Cindy Rose and Philip Jansen make co-ordinated purchases worth £280,000 in attempt to boost sentiment.
Process has taken nearly three years.
Men don't want to portray a 'laddish' image on social media, according to the editor of ShortList
Employees in 16 countries including India were handed 50 shares as part of four-year incentive scheme in Dec 2011
Entries were “broadly flat”, down less than 1% on a year earlier.
French agency group’s moves come ahead of possible stock market float.
Maurice Lévy says it was a “total absurdity” for proxy advisers to oppose Sadoun's combined role as chair and CEO on new unitary board.
In contrast, Publicis, Omnicom and IPG all increased their revenues.
Pharma giant consolidates global creative business with Publicis months after splitting duties between the two holding companies last May; IPG retains PR and health briefs.
Omnicom and IPG: Rumours of a merger surfaced a year ago.
M&A report surfaced on financial blog.
Combined business will work for brands who spend more than $60 billion on marketing and media investment.
Bosses could get extra $8 million in cash bonuses for working on separation from Vivendi, prospectus reveals.
The agency group cut revenue forecast in August but won Amazon and retained Unilever in key markets.
South Asian countries including India, Bangladesh, Sri Lanka, and Pakistan remain with incumbents Mindshare.
The biggest beneficiary might not be the two companies involved, but the wider agency sector itself, writes Campaign UK editor-in-chief, Gideon Spanier.
Keith 'Kappy' Kaplan departed as global CEO of Kinetic in November
Publicis Groupe chief's sharp defense of its 'cost of living' bonus for employees comes after Sorrell claimed the payout merely attempted to make up for lost incentives during Covid
Said that the group held its margin back a bit to invest in staff and IT
Q3 revenues rose 3.8%
CEO has seen no material impact yet from inflation crisis
French agency group has 'ended' his employment
Steven King, who has been chief operating officer, leaves Directoire
She will stay until December as Japanese parent company plans new management line-up
Hiroshi Igarashi, CEO of the Japanese parent, is set to take direct control
Ex-DDB boss has been CEO since September 2020
A slide in the earnings presentation showed a breakdown by staff numbers, with 6,000 people in India, 500 in Asia Pacific, 850 in EMEA and 300 in the Americas
Organic revenues jumped 11.5% for the period
Publicis CEO talks after upgrading growth forecast at Q2 results
Holding company said merging leadership of the two groups forms part of its simplification strategy
CEO Mark Read responds after Greenpeace protested about climate crisis at WPP beach at Cannes Lions
It is the first time that an agency from India has won agency of the year and 'The Unfiltered History Tour' broke another record as the most awarded campaign from India
There are high levels of security to enter the Palais with airport-style scanners
In the final part of a three-part series, Campaign's editors from around the world come together to examine the biggest themes facing global advertising
Company admitted 'under-investing' in its brands and vowed extra €300 million investment
His annual bonus and long-term share award are linked to his new €1.17 million salary, but his total pay remains far lower than those of US rivals
The company’s share price slumped by a third at the end of March after it postponed its annual results twice because PwC, the auditor, could not complete its work
Financial results have now been published having been postponed twice
CEO talks to Campaign after upgrading growth forecast
Mindshare, Xaxis and Finecast are also part of overhaul
GroupM CEO talks about the merger and restructure
'Respect in the workplace' and 'protection of WPP’s assets' were top concerns
Company and its auditor would already have been “obligated” to disclose any major issue to investors, he says
CEO also talked about retail media and the French election
Havas CEO talks to Campaign at Vivendi's annual results when agency arm reported a 10% of revenue growth
French agency group, which employs 1,200 in Russia, exits over Ukraine war
Growing wave of brands have halted some or all of their activities in Russia
He talks to Campaign after 'very strong' 2021 results and reflects on growing spend in digital marketing, media, ecommerce, data and technology.
Growth in organic revenue of 12.1% puts it near top of the peer group
The industry has some strong opinions after the big agency holding companies reported strong 2021 financial results that eclipsed 2019 levels
Ecommerce giant’s ad sales operation is also growing rapidly
Publicis CEO talks to Campaign after record annual results
Media group generated half of annual turnover from US
New CEO talks about integration – without 'brute force' – and why clients need to combine creativity and narrative storytelling with data and technology to thrive in a digital economy
Cannes Lions owner bought media consulting firm in 2017
Mendelsohn has acceded to the role of ad chief at a tricky time for the owner of Facebook, as it faces both reputational questions and growing competition. So how will she approach her two main priorities: supporting clients and agencies on ad plans and working on trust and safety issues?
Dual role includes strategy for clients and corporate strategy for agency group
Departure contrasts with peers Maurice Lévy and Sir Martin Sorrell, who have continued to work
The CEO, who says Q3 results showed the resilience of the agency sector, talks to Campaign about battling Publicis to be the biggest agency group
Share price rises close to its highest level since pandemic
French group has surpassed Omnicom and WPP
Revenues grew 5% against 2019, fuelling a rise in its share price
Publicis CEO spoke to Campaign on how attracting and retaining talent in the coming months "will be paramount"
“No company or industry can ignore this,” WFA says
Arto Hampartsoumian, managing partner and executive chairman of Publicis Groupe China, Christine Ng, chairwoman of BBH Singapore and China and Sid Tuli, managing director of BBH Singapore are part of the board
Florian Adamski, chief executive of OMD, talked to Campaign
In an unusual move, Omnicom buys two German agencies that already work with the client
Gap between Sorrell’s firm and legacy players is increasing, analysts say
Adspend leap over the past two years marks a strategic shift after four years of previous cuts
CEO also discussed bonuses and war for talent
Revenues were ahead of four main rivals in first half
Senior creatives Chas Bayfield and Dave Jenner claimed they were ousted from J Walter Thompson as part of a diversity drive and took the firm to an employment tribunal
CEO talks to Campaign about a 'very strange quarter'
Group now expects to recover all of 2020's lost revenue this year, rather than taking two years
Group says it knows the names of some of the men responsible and could 'escalate' matters
“Demand is off the scale” for ESG-related work, agency giant says
AMV BBDO won five Grand Prix awards, five Gold Lions, nine Silver Lions and eight Bronze Lions
Survey runs from 21 June to 2 July and aims to improve DE&I across the workforce around the world
Campaign and Kantar are supporting the initiative
Investors understand agency sector is 'a great business to invest in', CEO says
Return to growth in “all business lines and most major markets", with the strongest performance coming from Greater China
Agency giant claimed Sorrell was responsible for “disclosure of confidential information” to the media
Ex-Mindshare CEO Emery is “not interested” in revenge and has written a novel about advertising
New Commercial Arts worked on the strategy and campaign
At least five agency groups could be competing for the international account, which is unlikely to include China
Vivendi describes French media report as “unfounded”
Mark Read on rebooting creative agencies and hiring new talent
Drinks giant is beginning global agency review
Impairment relates to "historic acquisitions"
CEO describes move as 'very important'
Annual reports show extent of jobs cull
New Dentsu International CEO talks to Campaign
Merkle was a rare bright spot
Pandemic led to lower costs for top global advertiser
6,000 staff had taken cuts for up to six months
'We are trying to do tangible things that show that we care,' CEO says
Holding group CEO spoke to Campaign at Q2 results.
China's Q2 revenues declined by 24.2%, impacting overall Asia-Pacific performance.
Publicis CEO talks to Campaign at Q2 results.
The new CEO tells Campaign why the agency group must become a solutions-based business, look beyond traditional advertising, and embrace learnings from markets including Singapore and Sydney.
Campaign went to Paris to witness a piece of advertising history as Lévy chaired his final AGM after 37 years, although no one expects him to disappear from Publicis.
WPP’s Mindshare is the incumbent in the UK, US and other major markets
French group cements status as most valuable agency holding company among global peers
The CEO talks to Campaign after WPP's revenues grew less than 1%
North America saw revenues fall by 2.7% for the year, while APAC, Latin America, Africa, Middle East and Central and Eastern Europe grew organic revenues by 3.7%
Using fewer freelancers has improved margin and saved nearly $133 million
Campaign reports from capital markets day where WPP presented to investors
FMCG giant uses three agency holding companies
More than 75% of revenues came from digital, data and live activity
Private equity has been looking at agency groups
Discussions have taken place in recent months
Allies say founders 'are not going to abandon ship before they set it right'.
Former WPP chief was angry that ex-colleague called S4 Capital 'speck in rear-view mirror'.
The business has struggled to articulate its purpose in a changed market or even why it needs to exist as a brand.
Wavemaker to continue to handle media in markets like India and Netherlands
Drinks giant is focusing on media planning and data.
New CEO wants creative and mathematical people with more 'diverse' backgrounds.
Juhl takes over world's biggest ad buyer on 1 October.
Mindshare is expected to give up Fox account in Europe.
Staying wholly owned by WPP would have limited ambitions, Kantar CEO says.
Appointment ends long period of limbo for WPP's newest media agency.
Ghost of former CEO still hung over this year's AGM, but the 'burden' is easing.
It was "not sensible" to keep such a "tight" lid on incentives in final years of Sorrell era.
UK chief executive of Omnicom Media Group wins promotion to global role.
The telecom player is looking to appoint one agency group and has invited WPP, the incumbent, and other holding companies to pitch.
The ecommerce player is now a contender as the world's biggest advertiser.
WPP chief executive outlines plan to be 'creative transformation company'.
Media buying, particularly performance marketing, is high on the agenda, Sir Martin Sorrell and Victor Knaap revealed at a Campaign event in London.
Advertising network and customer engagement specialist to join forces.
He remains bullish about the 'robust' agency model
Wendy Clark, Dentsu Aegis Network's incoming global CEO, has plenty of client and creative experience, gained from Coca-Cola and DDB, respectively. But what will she bring to the Japanese media giant beside her love of red?
The global CEO talks about his vision for GroupM, why TV is still 'best place' to reach people at scale, the responsibility inherent in GroupM's size, how easy it was to dismiss Nick Emery and the outlook for 2021
WPP says past mergers of creative and digital agencies mean this new combination should work but there are hurdles
Grey agency brand is to be dropped after 103 years as part of merger to create brand experience agency that combines digital and creative
Two sides had informal conversations about a merger on multiple occasions.
About 3,000 executives took pay reductions of up to 20% for three months.
The $575m extra is the first annual boost since 2016.
Asia-Pacific records sharp declines, but healthcare is a bright spot.
Arthur Sadoun on resilience during Covid-19, pay cuts and Maurice Levy's advice.
Starcom was incumbent but did not take part in pitch.
Allan, who has worked at agency for 38 years, hands over to Nick Lawson.
WPP CEO is making redundancies but says China has shown recovery 'can be quick'.
WPP CEO Mark Read's inadvertent comments have triggered a necessary debate.
WPP chief executive speaks to Campaign about the outlook after Covid-19 hit Q2 results.
Global headcount falls by 5,000, as network writes down Y&R acquisition.
When Sir Martin Sorrell acrimoniously left WPP after three decades in 2018, he responded immediately by launching S4 Capital. Two years later, it is worth £2 billion. Campaign went to visit him to discuss what drives him and why he keeps attacking his old company.
Revenues in China and India were down more than 16% last quarter, though globally WPP halved its rate of decline to 7.6%
Companies are becoming 'less forgiving' of mistakes, lawyers say.
Last week's incident triggered complaint that led to the long-serving CEO's departure.
Clients 'want to to be provoked' to drive growth, CEO says.
Stock price plunges 16% on London Stock Exchange Thursday morning.
New global inclusion council aims to build 'more racially diverse leadership teams' at top of WPP.
Business suffered a “low single-digit decline” across the previous half-year between March and August during the worst of the coronavirus lockdowns
There will be £600 million in savings from new ways of working, says network's CEO Mark Read
As many as 6,000 roles expected to be cut
Chief digital and marketing officer discusses the rise of brands with purpose in Campaign Connect interview
Her experience as client and on creative side made her 'standout choice'.
A number of holding companies say they will not enter the awards, while others have yet to decide.
Havas has run the airline's business for six years.
'More opportunity today than there ever has been,' company says.
Network's plans differ from WPP and Publicis, which have both ended Covid-related salary cuts.
WPP said 'inappropriate and offensive behaviour is not tolerated'.
Publicis chief talks to Campaign after better than expected Q3.
Mandate includes India
No-one in global media agencies is feeling comfortable and every company needs to think about transforming itself, the bosses of MEC and Maxus have said in a joint interview.
Mandate covers 30 markets including India across Apac and EMEA
Starcom to handle the brand in India and Germany
New business unites data, analytics and technology from GroupM, Kantar, Millward Brown and Wunderman.
Is the media agency business model broken, and if so, how do we fix it? Campaign UK opens the debate after Scott Moorhead claims it needs to evolve dramatically.
Networks into share deals with media owners will find it hard to adopt an AI-driven media neutral approach, contends the author
Markets include India, China and five others
In 2015, Daily Mail's publisher revealed setting aside 7pc of annual income for the same
To say that Sir Martin Sorrell's rapid departure from WPP was a seismic event is an understatement. So just what happened in the days leading up to the fall of its CEO?
As WPP faces break-up calls in the wake of Sir Martin Sorrell's exit, the agency holding company model is under greater scrutiny than at any time since the 1980s.
Wavemaker is "a real word", "memorable" and "easy to pronounce and spell" and the company’s logo, WM, "reflects the agency’s heritage" as part of WPP and its media-buying arm, GroupM, said global CEO, Tim Castree
Hot in 2018: Sorrell saga yet to reach final chapter. Watch an exclusive video here
While Sir Martin Sorrell faces claims of bullying behaviour and paying for a prostitute, the ad group will be breathing a sigh of relief after an AGM that avoided a showdown.
He controversially stayed on at WPP for more than two years, after stepping down from his JWT role in March 2016 over allegations that he made sexist and racist comments.
Havas said part of the motivation for a sale is that it is "threatened by increasing competition from companies coming from other sectors" and maintained Vivendi "wishes to preserve jobs".
Sir Martin Sorrell has congratulated his successor, Mark Read, but reopened hostilities with his old company by claiming the five-month search for a new chief executive has been "a complete waste of time".
WPP's new chief executive Mark Read has promised "radical evolution" and chairman Roberto Quarta has insisted there were "plenty" of candidates who wanted the chief executive's job.
Turning around the fortunes of WPP's traditional creative networks, Ogilvy, JWT, Y&R and Grey, is a 'business priority'.
The world's largest ad agency group has ended its search for Martin Sorrell's successor.
The planned acquisition marks a spectacular return for Sorrell – just 87 days after he abruptly exited WPP on 14 April after 33 years at the helm.
Sir Martin Sorrell's S4 Capital is looking at buying MediaMonks, the Dutch-based digital content production company, as its first acquisition.
Carat has held the account in many markets globally
Vodafone will hire its own biddable media teams in each of its local markets, including the UK, Germany, Italy, Spain and India, in a move that could reduce the role of its existing media agency, Wavemaker, by nearly a quarter.
As the festival inches to a close, Ascential CEO reflects on whether the lower attendance will be the new normal.
Chip giant consolidates media activity with ‘Team Intel’, a bespoke offering uniting talent from Carat, Merkle and Amnet.
Memo to WPP’s 130,000-plus staff says that "in a world where clients need faster, more agile, integrated solutions, we need to get closer together, not further apart."
To split his time between Singapore and Europe until the end of the year, when he will move back to the UK.
Ahead of his retirement, Publicis Groupe's CEO is launching an investment initiative and a tech event.
Volkswagen has used MediaCom globally since 1998
The study finds a greater array of both buyers and sellers in marketing and communications
Companies are seeking ways to cut their dependence on the two giants, observes the author
New uncertainty is 'principally administrative and political rather than economic', says futures director Adam Smith
Urges use of ‘Top Four’ accountancy firms; media auditors make the case for specialists
Account moves following competitive pitch, which included incumbent Zenith
Ebiquity’s media auditing arm FirmDecisions may be in breach of NDA, claims WPP’s media buying arm
BCCL will hold majority in JV; TV channel, online, print launch in early 2017
Headhunter sounds out industry executives about potential interest in role.
Sweeping Omnicom shake-up will scrap three storied creative networks—DDB, FCB and MullenLowe.
CEO speaks about dramatic post-IPG restructure. “I am not foolish enough to work 14 hours a day for a dollar,” he tells Campaign, after giving up salary in favour of stock.
76 years after Bernbach, Doyle and Dane rewired the ad world, DDB might be headed for exit as Omnicom-IPG merger takes shape.
European Union is the last remaining jurisdiction where Omnicom is poised to win approval.
Agencies hail their “complementary” assets and cultures.
John Wren and Philippe Krakowsky speak to Campaign.
Carmaker enters ‘period of exclusivity’ with agency group—with media-buying added during pitch process in surprise move.
Process has taken nearly three years.
Two boards become one as supervisory and management boards merge.
Groupe says growth driven by 'new business tailwinds' with a 'clear rebound in the tech sector'.
In an interview with Campaign, Sir Martin Sorrell insisted his new company, S4 Capital, is listening to clients because they are "questioning" how agencies are delivering work.
Campaign reports from centenary bash for French agency group.
Festival is becoming more inclusive but inequalities persist.
Omnicom maintains prediction of significant cuts next year is “speculation and inaccurate”.
Changing how Omnicom operates and collaborates in post-IPG era requires shift in mindset and incentives.