Business

Is this really the 3rd age of effectiveness?

I have just watched The 3rd Age of Effectiveness presentations. Kudos to Les Binet, Dr Grace Kite, and Tom Roach for their compelling, empirically-based presentations and the IPA for making those presentations available to those of us not at Cannes.  By Nigel Hollis

Mexican consumers seek value and convenience—and find it online

Consumers in Mexico are feeling slightly more optimistic about both their country’s economy and their own ability to meet financial commitments in the coming year—but that doesn’t mean they’ve stopped looking for ways to spend less. In fact, their persistent quest for value is the main reason many of them continue to shop online: e-commerce still has a larger market share than it had before the COVID-19 pandemic. These are among the findings of a ConsumerWise survey conducted in early 2023 among more than 1,000 Mexican consumers across income groups. The following five charts show highlights from the survey.

Cesar Conde upped at NBC Universal and now will once gain oversee Telemundo.

NBC Universal has added more responsibilities to Cesar Conde now chairman of the NBC News Group. He will add oversight of Telemundo as well as NBC Universal Local TV.

What New Social Media Laws Mean for Brands

Federal and state laws regulating social media for teens and children could have repercussions for advertisers

The Increasing Importance of the In-house Agency

As brands face a shaky economy and an accelerating rate of disruption from new technology, the need for in-house solutions grows more immediate

If Managing Your Vendor’s Risk Isn’t a Top Priority, It Should Be

Gordon Moore, the co-founder of Intel, died this year. He was 94. In 1965, he predicted that the number of transistors that could be placed on a silicon chip would double at regular intervals for the foreseeable future, thus increasing the data-processing power of computers exponentially. He predicted computers would be more expensive to build but cheaper to buy for consumers since so many would be sold.  And the result of all that computing power today seems to indicate that Moore's Law can now be applied to privacy regulation, given the number of states passing laws to protect consumer privacy, children's online privacy, and now all manner of health-related data.

The New ROI: Defy Uncertainty by Boosting Return on Innovation

Firing up new engines of growth is never easy. The best time to do it might be when times are tough.

Garcia named President & GM of Univision Miami

Univision Miami announced the appointment of Eric Garcia to the position of President and General Manager, reporting directly to Jesus Lara, President of Local Media at TelevisaUnivision. Garcia brings extensive broadcast and media industry experience to this leadership role, where he will be responsible for the overall direction, strategy, and growth of Univision23, TelevisaUnivision’s local radio stations, and a growing portfolio of local digital offerings in the vibrant Miami market.

2022 LDC U.S. Latino GDP Report [REPORT]

As a summary for the economic performance of Latinos, the 2020 U.S. Latino GDP is extraordinary. The total economic output (or GDP) of Latinos in the United States was $2.8trillion in 2020, up from $2.1 trillion in 2012, and $1.7 trillion in 2010. If Latinos living in the United States were an independent country, the U.S. Latino GDP would be the fifth largest GDP in the world, larger than the GDP's of the United Kingdom, India or France.

Entravision Appoints Michael Christenson as Chief Executive Officer

Entravision  announced that Michael Christenson has been appointed Chief Executive Officer, effective July 1, 2023.

Global Ad Market Keeps Growing due to counter-cyclical vertical and retail media

The summer update of MAGNA’s “Global Ad Forecast” predicts media owners advertising revenues will reach $842 billion this year, +4.6% growth vs. 2022 ($805bn).

Wave II of Global DEI Census shows high recognition of industry efforts, but no improvement on inclusion

Despite one in two saying things are improving, inclusion scores remain the same as in 2021. The greatest forms of discrimination are still on basis of age, gender and care-giving status. Disabled respondents report the worst lived experiences.

Show Me The Money: Radio’s Reach Vs. Revenue

If the Hispanic population is growing as fast as US Census data indicates, why aren’t Hispanic radio stations getting more revenue they deserve? This question was at the core of a Thursday roundtable during the Hispanic Radio Conference that brought together agencies, radio managers, and statisticians. Moderated by Isabella Sánchez, Vice President of Media Integration at Zubi Advertising, the panel provided valuable insights on ad spending, audience reach, the role of influencers, and the need for creativity in the industry.

2023 Global Mid-Year Forecast [REPORT]

Halfway through 2023, we’re still dealing with rising inflation and adjustments to consumer behaviors brought on by the pandemic. As we look ahead to the rest of the year, we should expect a return to some kind of normalcy in terms of advertising revenue growth.

Navigating the Intersectionality of Organizational Culture and Change Management [PODCAST]

In this episode of The New Mainstream podcast, Alissa Lieppman, Vice President, Head of Culture & Business Operations for NFL Media at the National Football League (NFL), shares insights on how the league effectively navigated the challenges of an office relocation while also emphasizing the importance of culture on change management.

What does Messi mean for Multicultural Marketing and Why Adidas and Apple are betting on growth in the US ?

Leo Messi has been linked to the InterMiami fútbol team. What does that mean for the Miami market and the greater Multicultural / Hispanic Market? And more importantly how will this shape the US sports marketing and general market?  By Xavier Mantilla

Reaching The Moveable Middle [REPORT]

The fact that consumer-packaged goods (CPG) marketers sell products to retailers, rather than consumers, has long made understanding their target audience difficult.

Majority of White-Collar Workers Don’t Feel Generative AI Is Immediate Threat to Their Jobs; Want to Be Upskilled

U.S. white collar professionals do not see emerging tech like generative AI as an immediate threat to their jobs but also desire more opportunities to upskill in AI—including generative AI—from their current employers, according to a recent survey conducted by KPMG LLP, the U.S. audit, tax, and advisory firm.

What is social media?

Social media comprises the applications and websites that allow people to interact with other users, businesses, communities, and content.

2023 telecom industry outlook [REPORT]

In the year ahead, telecommunications companies will be focused on delivering advanced connectivity and higher performance to customers while reinforcing value and competitiveness. Our 2023 outlook examines five trends shaping telecom industry growth and business strategy, from 5G monetization to edge computing to an increasing focus on sustainability.

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