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Marketers and agencies are grappling with divisions over who exactly controls retail media spend, seemingly causing a trickle-down effect on how retail media deals are brokered. By 2028, retail media is expected to account for almost a quarter of all U.S. The rise of retail media networks has happened fast.
WPP’s Mediacom (now EssenceMediacom) won the combined Mars global media account in 2028, currently estimated at $2.4bn, about half in the US. Mars is reviewing most of its global advertising with the exception of creative (mostly at Omnicom) which poses a further challenge for WPP media operation GroupM.
As more and more retailers open their data troves to find new ways to monetize them, media agencies (notably the holding companies ) have scrambled to assemble commerce or retail media units to help clients navigate this path. By 2028, we expect retail media revenue to exceed that of linear TV and CTV combined.” billion from $125.7
Mobile app marketing is growing exponentially, with $500 billion in revenue anticipated by 2028 , according to Statista. A significant part of the expected growth in the category comes from agencies seeking sustainable and measurable outcomes through incremental channels beyond walled gardens.
media ad spend in 2028, according to eMarketer. According to one agency CEO, the lack of transparency has led to suspicions of quid pro quo relationships between media buyers and retailers, in which retailers promise in-store shelf space in exchange for brands buying into their RMN.
Market to triple by 2028 The global market for customer data platforms is expected to triple in size by 2028, according to a recent report by Mordor Research (See Figure 1). billion in 2028. Dig deeper: Does your company need a CDP? Annual spending on CDPs is predicted to grow from $2.13 billion in 2023 to $7.91
It isn’t even a Google thing, it’s an industry thing, adds Geoff Copps, SVP Audience & Identity EMEA at Kinesso, an IPG-owned performance marketing agency. According to WARC forecasts, by 2028, half of all global ad spend will be going to Meta, Amazon and Google.
This is part 2 in our series about diversity at agencies. Amidst a slew of post-pandemic epiphanies, agencies are acknowledging their role in expanding their diversity efforts to support a more inclusive industry. that stretches from the “workplace to the marketplace,” said Geraldine White, chief diversity officer at the agency.
Despite overall ad spending forecasts suggesting slower growth ahead , programmatic advertising remains a bright spot, with global spend reaching $595 billion in 2024 and projected to approach $779 billion in 2028.
Nationwide’s controversial campaign by New Commercial Arts about bank closures is back on air – with a changed V/O featuring its revised promise not to close any more branches before 2028. The original, implying it wasn’t closing branches full stop, was pulled after complaints to the ASA from, among others, rival Santander.
” For example, online travel agencies are more ad-intensive than traditional agencies, and digital game publishers are more ad-intensive than traditional game manufacturers. ” Digital advertising is therefore expected to grow its share of ad revenues from 64 percent in 2023 to 76 percent in 2028. percent in 2023).
As if recruiting wasn’t enough of a problem on its own, complexity in digital marketing and media presents additional crises for brands, agencies, and publishers alike. ” The same report found that agency media teams waste an average of three hours per day copying and pasting data from one program to the other. from 2021 to 2028.
The supermarket says the new framework, built in collaboration with advertisers, agencies, and industry bodies, draws on a range of solutions to measure impacts throughout the funnel, with omnichannel attribution set for launch next year. Total European retail media spending is projected to hit €31 billion by 2028.
Learn More The Boom of CTV Advertising CTV ad spend is expected to surpass 42 billion dollars by 2028. For an all-in-one solution for publishers, media houses, brands, and agencies, look no further than TargetVideo. Reach your target audience even in a cookieless environment with data-driven semantic & segmantic targeting.
In this week’s Week in Review: YouTube’s TV push continues in Germany, Viant and MediaMath mull a merger, and the ANA says agencies shouldn’t jump the gun with AI. And among the new additions to the template, the ANA says that agencies should ask for brands’ permission before using AI tools within media buying.
The projection is that, by 2028, the percentage remains fairly level (23%), but because media spend is climbing rapidly, that means a loss of $172 billion. “It brings together the advertisers, the publishers, law enforcement agencies — all the market players. It was founded in 2015 and is rather effective.”
That’s the perfect analogy for what needs to come to fruition in the brand marketing ecosystem as agencies (led by the media side), brands and media companies come together to reduce carbon emissions in their work. Media agencies are leading the way in developing forms of measuring carbon, and are now applying them in differing ways.
In this week’s Week in Review: Enders predicts broadcaster viewing to account for less than half of all UK video viewing in 2028, ITV offers free outcome measurement, and ProSieben looks to an improving ad market in H2. But the drop is also anticipated among over-65s, falling from 93 percent to 82 percent. Read more on VideoWeek.
Top Stories Dentsu Raises Ad Spend Forecast as TV Loses Share Agency group Dentsu has upped its 2024 ad spend forecast to 5 percent growth, compared with 3.3 Agency insiders suggested TikTok’s generative video tool was “not very useful”, arguing that TikTok users would likely spurn branded posts not created by humans. percent in 2023.
Hybrid Tiers to Drive SVOD Growth Through 2028. billion in 2028, according to Digital TV Research. Discovery and Paramount to reach 372 million hybrid subscribers by 2028. The Week For Agencies. Airline EasyJet is conducting a review of its European media account, which is currently held by Omnicom media agency OMD.
UK CTV Spend to Double by 2028 UK advertisers are expected to almost double their investment in CTV over the next four years, according to IAB UK. billion by 2028, driven by the rise of ad-supported viewing on Amazon Prime Video, Disney+, Netflix and YouTube. The agency is also considering national and international expansion.
Fifty-four percent of agencies say the industry is facing its worst ever talent crisis, while 48 percent of those surveyed overall (including agencies, advertisers, ad tech companies and media owners) share that sentiment. The deal also includes exclusive free-to-air rights to 25 UEFA Euro 2028 matches. The Week For Agencies.
percent in 2026, and 2 percent in 2027 and 2028. Investing in the future Despite this uncertainty, alongside headwinds caused by US import tariffs and higher labour taxes coming in April, the forecast for UK ad spend looks brighter in the next few years. According to S&P Global Market Intelligence, ad spend will increase by 1.3
Marketing agency iProspect has seen Advantage+ deliver returns almost as high as before Apple’s privacy changes. has acquired CoreMedia Systems, which provides performance media management software to brands and agencies. It’s been very lucrative for us, and we’ve been ramping up,” said iProspect associate director Roberto Mendoza.
Billion by 2028. Influencer Marketing Hub ) In a global study of PR agencies conducted in 2023, 39% of participants indicated they work with up to 10 influencers, while 14% said they worked with more than a thousand. billion USD. Techjury ) U.S. digital ad spending is expected to reach over $390 billion by 2027. billion by 2025.
Link-building agencies have the highest number of experienced link builders, with 59.4% from 2021 to 2028 and will reach $122.11 billion by 2028. 81% of businesses prefer hiring an SEO agency to hiring in-house marketers. More than 60% of digital marketers agree that link building is the most difficult element of SEO.
billion by 2028. from 2023 to 2028. Cost Efficiency: By managing campaigns directly, advertisers can reduce expenses associated with hiring third-party professionals or agencies. Facts about Self Serve DSP The global self-serve DSP market is expected to grow from USD 4.3 billion in 2023 to USD 11.4
The business aims to double viewing of online programmes and triple their revenues by 2028. The Week For Brands & Agencies Havas Posts 4.4 Percent Organic Growth for 2023 French agency group Havas achieved 4.4 The team, called O1, will be Optimum’s agency of record for creative, media, PR, and production.
Since programmatic ad spend continues to grow and is projected to reach almost $780 billion by 2028 (in 2023, it was estimated at $546 billion ), we can expect it to remain profitable and prospective in the market. Meanwhile, SSPs are increasingly partnering with media agencies.
In this week’s Week in Review: BuzzFeed News closes down, Index Exchange pledges its allegiance to DSPs, and agency group financial results come in strong. Magnite describes ClearLine as “a self-service solution that provides agencies direct access to buy premium video inventory on the company’s platform”. Samba TV, Admo.tv
This has been a big focus for Nielsen’s competitors in recent years as agencies have explored multi-currency strategies. GroupM says it will hold multiple working groups with these companies to establish goals and determine outputs, and the media agency is hoping to launch pilot programmes in the first quarter of this year.
Growth Of The Video Conferencing Software Market: During the forecast period, which runs from 2022 to 2028, the global video conferencing market is expected to grow significantly. from 2022 to 2028. Therefore, a video call or video chat is used to describe a video conference that is held for informal purposes.
ITV will show all the national team’s matches outside of major finals, including World Cup 2026 and Euro 2028 qualifiers. The Week For Brands & Agencies WPP Wins Nestlé Media Account WPP’s OpenMind, a media agency which sits within GroupM, has been chosen as Nestlé’s sole media agency in Europe following a review.
dropped by over 50% between 2000 and 2014 , and it’s expected to fall by an additional 6% between 2018 and 2028. In fact, one in five adults has now never been inside a travel agency. The number of travel agents in the U.S. So who are the main users of digital travel booking alternatives?
From January 2024, major agency groups will be able to test 14 widely used traded audiences within CFlight. But 47 percent of agencies and 41 percent of advertisers use programmatic to buy more than 41 percent of their inventory – a clear gap between the buy-side and sell-side.
Founding members of the coalition announced today include GroupM, its agencies Mindshare, Wavemaker, EssenceMediacom and mSix&Partners and clients Audible, AXA, Bayer, Danone, Deutsche Telekom, L’Oréal, Mars, Paramount, Sony, TalkTalk, and Tesco. The Week For Agencies. Nick Louisson Appointed as ISBA Director of Agency Services.
augmented, virtual and mixed reality market worth $28 billion in 2021 and projected to reach more than $250 billion by 2028, according to Statista , publishers have a strong incentive to find a solution to that problem and to consider investing more in both technologies. With the U.S. Key findings.
billion by 2028, according to Statista. Digiday also conducted interviews with executives from the following companies and agencies: FGX International. When it comes to ad targeting, the agencies marketers rely on to generate creative content and buy and plan media placements are becoming savvier at using data-driven personalization.
Online Video to Comprise 45 Percent of M&E Market by 2028 Online video revenues are projected to make up 45 percent of global media and entertainment revenues by 2028, according to forecasts from Omdia. Traditional TV is the only channel expected to decline over the next four years, suggesting TV spend will shift to online video.
million in 2024, putting the company on the path to reach its aim of 200 million in streaming revenue in 2028. Snap Plans Junk Bond Sale Snap is offering $700 million of junk bonds (high-risk debt securities rated poorly by credit agencies) to repurchase convertible debt, the social media firm said on Monday. percent in 2023.
He notes that Statista forecasts put the current CTV market at $30 billion, expected to grow to $42 billion by 2028. M6 said advertisers and agencies can now choose between Peach, Extreme Reach and Nomalab to manage their ads across the video services. The Week for Brands & Agencies Publicis Posts 6.3 Read more on VideoWeek.
The Week in TV M6 Calls on Smartclip to Monetise Streaming Inventory M6 Publicit, the French broadcaster’s sales house, has announced the integration of ad tech solutions from Smartclip, as the media group seeks to triple its streaming revenues to 200 million by 2028.
WPP Announces Stability AI Investment and Partnership Agency holding group WPP this week announced a new strategic partnership and investment in Stability AI, developer of Stable Diffusion, which the company says will enhance its ability to deliver AI-driven solutions across channels including streaming platforms and interactive experiences. .”
The Week in TV BBC to Cut 1,000 Hours of Programming The BBC will cut 1,000 hours of programming, the broadcaster revealed, in attempts to save £400 million by 2028. WPP’s media agencies clocked £3.2 Digital advertising comprises the bulk of TikTok’s $10 billion global revenues, added the report.
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