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Volkswagen Extends DDB’s Global Creative AOR Duties for 3 Years

Adweek

Volkswagen is extending its contract with Omnicom agency DDB Worldwide as the carmaker's global creative agency of record. The extended contract will last into 2027.

Agency 315
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An Idea Platform for Ad Agency New Business

Fuel Lines

is a software platform for advertising agencies (a SaaS), where subscribers can recruit teams of four freelancers, brief them, watch the four work as a team posting ideas and building on each other’s ideas, and pay them after the work is done, and do it all right on the platform. It’s estimated that by 2027 there will be 86.5

Agency 246
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Scaling local advertising with automation in the new media landscape by Fluency

Martech

As the space gets more complex, both in-house and agency ad teams are stretched thin, trying to do more with the same — or less — people and budget. At Fluency , we’re forecasting a 350% increase in spending on Amazon and other demand-side platforms (DSPs) by 2027. to engage hyperlocal audiences more effectively.

Media 115
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Trademarks, drinks and podcasts: How viral creators like ‘Hawk Tuah Girl’ stretch their 15 minutes of fame

Digiday

In response, creators behind those viral moments are increasingly looking for ways to stretch their 15 minutes of fame, including launching their own podcasts, product lines, e-courses and talent agencies. There’s money at stake: the creator economy is expected to be worth $480 billion by 2027, according to Goldman Sachs’ calculations.

Agency 99
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How Linktree vp Lara Cohen is championing for creators to get a bigger piece of the pie

Digiday

In fact, agency clients and brands invested more in influencer marketing in 2023 than they did in 2022, according to Digiday+ research. In Q1 of 2022, 69% of agency professionals said their clients spent at least a very small portion of their marketing budgets on influencers. By Q1 of 2023, that figure jumped to 76%.

Agency 96
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In a booming influencer economy, creators seek standardization for payment terms

Digiday

Last year, both agency clients and brands reported that they were investing more in influencer marketing than they were in 2022, according to Digiday research. The influencer/creator economy is currently worth $250 billion and it’s expected to nearly double to $480 billion by 2027, according to Goldman Sachs estimates.

Agency 98
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Creating the Ultimate Commerce Media Cookbook with Audience Extension and Offsite Advertising

PubMatic

According to forecast research from intelligence firm MAGNA Global, commerce media will account for 17% of global advertising spend in 2024 and is expected to rise to 21% in 2027. billion this year to over $50 billion in 2027, with audience extension driving the bulk of said growth (about 40%).

Audience 108