Disney to shave $5.5 billion in costs, impacting 7,000 jobs
Media conglomerate, which saw ad revenue across its streaming services decline in the most recent quarter, reveals major reorganization as Bob Iger retakes the helm.
Media conglomerate, which saw ad revenue across its streaming services decline in the most recent quarter, reveals major reorganization as Bob Iger retakes the helm.
Mendelsohn, who oversees Meta’s multi-billion dollar ad business, believes the tech giant has been ‘underestimated’ and is ‘bullish’ about its new focus.
James Temple to head up Accenture Song’s metaverse capabilities, succeeding Mark Curtis, who is moving to its global sustainability studio.
Ad revenue across Google properties was $2.2 billion lower in the quarter than a year prior as shrinking brand budgets spread to search.
Meta CEO promises continued streamlining after reporting a 22% hike in costs and expenses in Q4.
Jeriad Zoghby tasked with unifying IPG’s commerce expertise and identifying opportunities for growth.
The Media.Monks leaders outline their strategy to appease ‘anxious’ advertisers in a deteriorating economic environment that analysts say is ripe for innovation.
The U.S. Justice Department calls for Google to be forced to divest DoubleClick and AdX.
Streaming giant is aiming for its ad-supported tier to become a $3 billion business, surpassing more established players.
Hastings cedes control to Greg Peters and Ted Sarandos as streaming giant’s Q4 subscriber growth exceeds expectations.
The platform outlined actions it has taken to nurture a brand safe environment in a colourful installation at CES 2023.
Streaming service was one of the most talked about companies at CES 2023 tech trade show in Las Vegas.
Ad buyers are generally supportive of Nielsen’s attempt to overhaul its measurement systems but are still building towards a world with multiple currency providers.
Advertiser appetite for new ad-supported streaming platforms has cooled as user uptake lags, tools remain limited and brands seek guaranteed ROI.
WPP’s media investment arm once again lowers global ad forecast for 2022 but says industry is remaining resilient against macroeconomic forces.
GSD&M plans vendor matchmaking event after research highlights persistent difficulties in accessing the industry and receiving feedback.
As monetization lags at Reels and Shorts, Campaign US delves into the factors informing how ad spend flows between short video offerings — from performance to audience, maturity and trust.
Campaign asked ad executives and industry sustainability experts about how the messaging has changed at this year’s global climate summit—and whether adland has stepped up its role in fighting the climate crisis.
Coalition aims to standardize measurement of carbon emissions created by media placements.
Social-media platform, which has witnessed a ‘massive drop’ in ad revenue, was already a minor platform on ad plans, according to media agency executives.
EXCLUSIVE: Publicis Groupe data firm identified LATAM as ‘gap’ to deliver growth across the company.
Stop the Deal coalition warns that Musk’s ownership makes marginalized groups more vulnerable on Twitter.
Mark Zuckerberg did little to ease investor concerns about the near-term health of the social-media giant as costs escalated and its core advertising business weakened in Q3.
Advertising revenues falter across Google properties in Q3 as tech giant feels pinch from tough economic climate.
CEO Philippe Krakowsky said agency network continues to ‘create value’ for clients amidst recession concerns.
EXCLUSIVE: New control center that will cover YouTube and the Google Display Network aims to tackle blanket exclusion approaches that are hampering creators’ ability to monetize— and brings more robust self-serve controls to advertisers’ hands.
Wieden, co-founder of the iconic advertising agency and adland icon, passed away on Saturday at 77 years old.
IPG CEO Philippe Krakowsky outlines M&A strategy as he seeks to grow the holding company’s commerce capabilities.
Netflix and Microsoft are believed to be cooking up a cloud gaming empire — an extension of their ad serving partnership. Gaming and advertising experts discuss the motivations and potential opportunities for brands.
As the tech company goes through a mass restructuring the advertising industry expects short-term pain—but remains hopeful about Snap’s long-term outlook.
Tomas Gonsorcik departs from an 11-year stint at WPP to fill the CSO role left by Eric Zuncic in May.
Advertising executives want transparency from Twitter on security and measurement as its ownership battle illuminates internal practices.
Agencies and tech providers are building a more sophisticated understanding of consumer attention, but they face cultural and infrastructure challenges in convincing advertisers to convert to a new currency.
Industry experts predict how iPhone maker will construct its rumored DSP to appease privacy-conscious consumers, regulators and an ad industry disgruntled by its tracking restrictions.
Question of the week: As tech companies lay off staff and freeze hiring, Campaign US asked industry leaders whether the ad industry stands to benefit.
Industry experts dive into the factors they believe informed Chrome’s latest delayed cookie deprecation and the fallout it will cause.
Facebook parent posted a 36% drop in income in Q2 as its ad business was hit by economic turbulence and lagging uptake of Instagram Reels ads.
Alphabet CEO outlines ‘sharpened focus’ on AI and cloud as its video streaming platform posts just 5% ad revenue growth — a monumental decline from its 84% growth rate one year ago.
While the Singtel-owned ad tech firm posted a loss in its most recent earnings, Tremor expects it to create “significant scale” for its business while plugging gaps in linear TV and performance capabilities.
Advertiser appetite dampened in Q2 as macroeconomic challenges met uncertainty over Elon Musk’s deal to purchase the social media company.
Streaming giant teases details of its advertising offering and why it chose to partner with Microsoft as it reports a loss of nearly 1 million subscribers in Q2.
Maness is tasked with refreshing Grey’s strategy and vision 18 months after merging with AKQA.
While NFT was the ‘word of the year in 2021,’ brands are investing in a broad spectrum of metaverse and Web3 experiences, says president Avery Akkineni.
Holding company said merging leadership of the two groups forms part of its simplification strategy.
Streaming giant ends months-long search for ad partner to build a “better than linear TV” ad experience.
TRKKN's expansion, will include nine new market launches over the next two months, including Australia, New Zealand and Singapore, and comes shortly after founders depart.
Cross-industry initiative has expanded its guidelines around “harmful content” to demonetize misinformation online and help advertisers to navigate ad placements around sensitive content.
The ad industry’s climate change initiative is set to roll out across the U.S. and Europe — while it remains “in conversations” in Asia.
American agency No Fixed Address used AI to generate 85 million film posters that visualize the scale of child sexual abuse material distributed online.
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.
The longtime Grey leader will oversee the holding company’s largest market as Ajaz Ahmed takes over leadership of AKQA Group.
Ad spend outlook for 2022 ‘not as bad as expected’ amid growing disconnect between economic activity and advertising, according to the agency group.
A WPP-owned data broker agreed to pay $42 million to resolve a Department of Justice lawsuit after selling personal information to perpetrators of elder fraud. It was quietly shut down in 2021 and had its assets rolled into a new company, Choreograph.
Campaign US finds Criteo violated its own policies by monetising major arms manufacturer Beretta.
Global privacy platform designed to help the ad industry navigate evolving privacy laws and platform changes across countries.
Sandberg, who plans to focus on her philanthropic work, has been a key player in the social media company’s evolution over the last 14 years.
The media giant invests in addressable, insights and measurement talent as it seeks to further unify its ad offering.
Long-time Omnicom Media Group exec will be responsible for designing solutions that tap into Publicis’ technology, creative, media and data capabilities.
In an exclusive interview, Dogstudio explains why it selected Dept over other suitors, and the agency group provides insight into its acquisition strategy.
It is S4 Capital’s first deal since it had to reschedule its annual results twice because of “embarrassing and unacceptable” auditing delays.
The tech giant’s updated ad control centre will provide users with more 'control over the algorithm,' but leaves advertisers grappling with a new targeting shift
The streaming service posted strong growth in subscribers and revenue per user—driven in large part by Disney+ Hotstar in Asia—as rival Netflix plateaus.
The tech giant’s updated ad control centre will provide users with more “control over the algorithm,” but leaves advertisers grappling with a new targeting shift.
One week after Twitter revealed a three-year long metrics error, agencies that Campaign spoke with are still waiting for official guidance from the platform. While Twitter is publicly presenting itself as “business as usual,” we’re told internal comms are “scattered” and “inconsistent.”
Publicis and Profitero leaders discuss their vision for the deal, which will allow Publicis to measure how brands’ products move through different digital shelves.
In what could be one of Twitter’s last reports as a public company, the social media firm reported a 16% rise in users, but a slow down in revenue growth and a reporting error.
Mark Zuckerberg excitedly outlined his vision to build the metaverse in July 2021. But as Meta faces headwinds from several directions, investment is being reined in.
Video giant impacted by the war in Ukraine and continued headwinds in direct response advertising caused by Apple’s privacy crackdown.
The billionaire entrepreneur sees Twitter as a “digital town square,” but industry observers have serious concerns that unraveling content restrictions could open the door to toxicity, mis- and disinformation—and an advertising exodus.
Musk has already proposed several changes to the social media platform — such as relaxing content moderation — which could have major implications for advertisers.
Social media firm posts strong user growth but underwhelming financials as Q1 proves ‘more challenging than we had expected.
Horizon Media wins account after demonstrating its skills in delivering personalized advertising.
Despite universal agreement that time-based billing is unfit for today’s marketing economy, most agencies remain chained to it. Campaign tells you why progress has been painfully slow and who is willing to gamble on outcomes over hours.
The technology giant has introduced new controls to its generative AI advertising tools to ensure assets remain “on brand,” as well as greater transparency in Performance Max amid advertiser pushback.
Longtime executive Alex Schultz details the complexities of marketing a technology giant, including how to resurrect young users and reframe its platforms as a positive place for teens.
In a recent analysis by Adalytics, which evaluates media purchases for agencies and brands, Colossus SSP was highlighted for incorrectly reporting user IDs during ad transactions managed through the demand-side platform The Trade Desk.
At the 2024 NewFronts in the US, tech platforms glided over legislative issues and focused on outshining each other with technology and performance, appealing to cost-focused media buyers.
SCOOP: Jeans brand spent $142 million in global media spend last year.
Big tech firms are on track to significantly increase capital expenditures this year as they invest in computing resources to power AI.
Publishers sounded the alarm for advertisers to support news by reviewing blunt keyword blocking during a critical time for democracy.
The ad tech company has recruited back several former MediaMath employees and supply-side partners to revitalise the DSP that went bankrupt last year.
EXCLUSIVE: Ad spend wastage goes beyond made-for-advertising websites, finds digital emissions startup.
Tensions within OpenAI’s board spotlight the challenge of commercialising AI and establishing competitive advantage while also setting up guardrails.
As TV and streaming companies adapt to new terms and deal with the fallout of months-long strikes, the consumer experience of streaming could change.
Media conglomerate posts profit hike as it reins in costs to support its streaming evolution.
Nearly one year after facing hate for a partnership with Bud Light, the trans influencer discusses healing through humor and putting safety measures in place for diverse talent at SXSW.
Pooling together resources will allow the companies to more aggressively compete with deep-pocketed tech giants, but they risk cannibalising their own linear businesses, according to analysts and media buyers.
EXCLUSIVE: Jarrod Martin has been charged with better activating Acxiom data to power “precisely targeted” solutions for IPG clients.
E-commerce giant and media agency network have been engaged in an exclusive partnership for the past six months to create branded shoppable livestreams.
Technology giant debuts Apple Intelligence at its annual Worldwide Developers Conference after months of anticipation, emphasizing its unique personal insights and privacy features.
Google is in hot water again over AI inaccuracies. With ads soon coming to its AI overviews search product, digital advertising executives urge the tech industry to slow down.
Social media platform introduces new policy that formally permits posts containing nudity and pornography provided they are labeled.
Chief business officer Philipp Schindler tells investors that growth in the company’s AI-powered ad products, a ‘bright spot’ in its Q4 performance, has not directly contributed to recent layoffs.
Co-CEO Greg Peters tells investors the company’s audience base and content portfolio ‘differentiate us from our competitors.’
Tech giant has slashed hundreds of roles within its ad sales division after throwing more weight behind AI-powered ad products.
Wren shares his vision to transform Omnicom Group into a marketing and sales company unrivaled by its peers.
The media giant is also ramping up its self-serve capabilities to reduce ad tech fees.
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.
Tech giants removed a significantly higher volume of policy-violating content in 2023 as generative AI tools were used to facilitate and combat fraud.
Discussions about transgender inclusiveness disappeared at the Texas-based festival as programming avoided wading too deeply into the most hot-button issues facing the LGBTQ+ community.
Technology leaders reflected a state of ‘irrational exuberance’ for AI, while creative industries prioritised protections.
Kassan filed a lawsuit alleging UTA breached its contract when it acquired MediaLink, while UTA is accusing the CEO of ‘misappropriation of company funds.'
Combining the two media conglomerates’ streaming assets would create a scaled entity better equipped to take on Disney and Netflix — though such a deal would face financial and regulatory hurdles, analysts tell Campaign US.
Politics aside, marketers and media buyers say X is a ‘nonessential’ platform for large and small companies whose main goals are to sell products, not take a stance.
Omnicom’s data and analytics division has devised a client support strategy after nearly doubling in size in the past year.
Marketing departments are in the midst of a substantial reconstruction of their operations as they integrate generative AI into their workflows, an effort that is expected to have a trickle-down impact on agencies.
The agency network is riding high from its Amazon win in the third quarter, despite political and operational turbulence.
Emily Deschamps shares her personal story with Campaign US to highlight the dangers of marketing in sensitive categories in hopes of inspiring change.
Sixty second spot will broadly launch the company’s Copilot AI chatbot.
WATCH: Executives from across the supply chain discuss how targeting solutions show the most promise and challenges to adoption.
As governments worldwide enforce stricter social media laws, advertisers find themselves at a crossroads—use their influence to hold platforms accountable or risk increased criticism for staying silent?
AI promises speed, efficiency—and fewer billable hours. So why are ad agencies investing millions in a tool that threatens their bottom line? Campaign Red digs into the tension between progress and profit.
Streaming service said it is focused on building both standard capabilities and innovative ad formats as it revealed a healthy bump in subscribers for the second quarter.
Tools offered by Google and Meta that automate ad creation and media placements risk flooding the internet with low-quality ads if not properly managed, according to digital agencies.
EXCLUSIVE: Holding company said its priorities as part of the tech-heavy coalition are mitigating bias in AI while ensuring brands are protected as more aspects of content creation become automated.
Hot on the heels of its Jellyfish takeover, the Brandtech Group has bought an AI firm with which it has built an enterprise AI solution being piloted by Unilever and Bayer.
Research firm predicts that 32,000 jobs within U.S. ad agencies and related services companies will be lost to automation within the next seven years — predominantly impacting administrative, sales and market research roles.
EXCLUSIVE: Jeriad Zoghby and fresh hire Roald van Wyk are championing a new offering within IPG that brings creatives into the “cold” and “functional” world of commerce.
Agency network says acquisition will improve its Adobe implementation and composable commerce capabilities.
Broadcasters touted their linear and digital reach during presentations devoid of talent.
Facebook parent receives record-breaking fine for breaching GDPR, the EU’s privacy law.
As she prepares to take over as CEO of Twitter, Yaccarino’s ability to turn around the platform hinges on Elon Musk relinquishing control.
Shortly after NBCU announced its long-time ad chief, expected to lead the broadcaster’s Upfront presentation on Monday, would leave, she was named CEO of Twitter.
Social media firm’s new AI Sandbox includes AI-enabled text and image editing tools, which it plans to roll out to its advertising toolkit later this year.
Media investment company aims to standardize its commerce capabilities across markets and develop technology to help clients navigate an increasingly fragmented marketplace.
The parent company of Snapchat said advertising demand was impacted by the platform’s transition to click-through conversions.
Revenue from advertising, subscription fees and app developers continues to command a greater share of Apple’s revenue as it faces headwinds in its core hardware products.
Pattison has transitioned from her role as global chief client officer to global chief people officer.
Prominent media buyers detail how some clients are retreating from news coverage of the conflict as well as pulling back from social media due to the spread of misinformation, hate speech and violent content.
Mindshare’s Adam Gerhart is taking over as interim CEO.
CEO Satya Nadella said ‘this is the right time’ for a new CMO to shepherd the company through its AI evolution.
Facebook and Instagram parent widened its Q4 revenue outlook after observing a retraction in ad spend in recent weeks correlated with the outbreak of the conflict.
Executives said advertisers turned to Google’s AI-powered products in the quarter to drive ROI and efficiency
Lowcock tells Campaign he had grown “frustrated” with the “broken” holding company model.
From workforce attrition to misinformation and the risks of artificial intelligence, industry leaders and activists discuss the hard topics that ought to be addressed at ad conferences amid hype about new technologies.
E-commerce giant is shuttering the two services it acquired from Sizmek in 2019.
Gorman set to depart around one year after she joined the streaming service to establish its first advertising product.
Meta Connect agency attendees welcome the company’s gaming integrations and more open, responsible approach to AI development — though they remain cautious about brand safety amid AI training and disclosure debates.
Merger forms part of network’s transition to a simplified model under one P&L as clients demand greater speed and flexibility.
Creative testing solution studies micro expressions to determine which elements of a video ad users pay the most attention to.
Following three successive quarters of decline, Meta reversed its fortunes in Q1, crediting much of its performance to AI.
Alphabet executives assured investors that ad spend has begun to stabilise across Google properties as revenue from its video streaming platform has now retracted for three consecutive quarters.
Amidst the AI hype, discussions about new technologies struck a more cautious tone than prior years as advertising and tech workers hone in ethical and commercial challenges.
Nonprofit Do the WeRQ, which created an alternative SXSW calendar to draw LGBTQ+ programming together, says the community is in survival mode.
As part of its “big tech rebellion,” the cosmetics retailer is slashing the “millions” it spends on Google ads and cutting platform investment by a third, redirecting customers onto its app and into stores.
Temu’s Super Bowl spot sent a strong signal of the global ambitions of Chinese firms and the far-reaching implications of the country opening back up, GroupM tells Campaign.
Global CEO Dimi Albers tells Campaign the launch of a dedicated AI practice will create more jobs rather than reduce them: ‘AI won’t replace people, but people who use AI will.’
Sustainability working groups and coalitions are still figuring out how to measure and benchmark carbon emissions before reduction efforts can get underway.
Creative guidance tool will also surface AI-powered tools that automatically edit advertisers’ video campaigns in line with YouTube’s guidance.
Fossil fuel giants like Shell and BP are leaning on influencers to promote their green initiatives and rewards programs as ad giants address their role in the climate crisis.
EXCLUSIVE: Research by Omnicom Media Group and Snapchat finds that AR filters and lenses are alienating diverse users by misgendering them or removing their defining features.
Adalytics report alleges ads served by Google on YouTube kids content — sometimes against the wishes of advertisers — caused a chain reaction of tracking children online.
Alphabet, Amazon and Meta turned more highly scrutinised marketing budgets to their advantage in Q2, by honing in on ease and efficiency, according to analysts.
SCOOP: The move forms part of a wider reorganisation at Choreograph that has also named Krystal Olivieri as North America CEO.
Rozen to leave by the end of the week as Dentsu reassigns 1,000 staffers across the Americas.
Katie Riccio Puris has overseen TikTok’s consumer brand for the past two years.
The iPhone maker said it hit records for advertising, App Store and music revenue in June.
Social media platform accuses The Center for Countering Digital Hate, which has published research on the spread of harmful content on the platform, of engaging in a “scare campaign” to drive away advertisers.
Mark Zuckerberg outlines plans to “pour gasoline” into Threads and expand Meta's AI products as the tech giant swings back into double-digit growth.
As Google recovers from an advertising retraction, CFO Ruth Porat has been handed a new role overseeing parent Alphabet’s experimental bets.
From maintaining momentum to navigating regulation and offering a brand safe environment, Meta has several hurdles to overcome to turn Threads into a sustainable revenue stream.