Agency

Mazda Motor Corporation and Toyota Motor Corporation have established their new joint-venture company “Mazda Toyota Manufacturing, U.S.A., Inc.” (MTMUS) that will produce vehicles in Huntsville, Alabama starting in 2021.

In celebration of International Women’s Day today and Women’s History Month in March, NBCUniversal Telemundo Enterprises announced the launch of “Mes de la Mujer” (Women’s Month), a nationwide campaign that celebrates Latinas in the United States and their diverse contributions to our society. Under the banner of its award-winning corporate social responsibility initiative, “El Poder En Ti” (The Power in You), the campaign kicks off today featuring in-show integrations, on-air promos and digital and social activations. In addition, Telemundo national and local female talent will take part in Women’s Month events as part of the campaign.

Lopez Negrete Communications, Inc. got the nod of approval by the competition’s judges for a wide assortment of work created on behalf of its clients, including Walmart, Community Coffee, Lone Star College, the Houston Dynamo, and Fiat Chrysler Automobiles, and highlighted by a “Best in Show” in the Broadcast category. This marks the 15th consecutive year that the agency has earned “Best in Show” honors.

What if you could easily reach a dynamic audience that is influential, educated, entrepreneurial and committed to the continued growth of society? Increasingly, that driving force is women, a rumbling economic powerhouse. In the U.S. alone, women make up just over half of the population, and they’re accountable for over $39 trillion dollars. That puts them in charge of 30% of the world’s wealth, and the number is growing.

BabyCenter and Collage Group, a leading insights and strategy company, released findings from their new study, “Futurecasting Families: Early Insights into Generation Z & the Future of Parenting.” The two organizations partnered on this research to place Generation Z alongside current Millennial moms to offer an early look at how this young generation of digital natives will prioritize, shop, communicate, and connect when they become parents.

Sir Martin Sorrell, the industry’s most prominent agency spokesman, now has the difficult job of explaining, on behalf of WPP and of the industry in general, why revenue growth has been so difficult to achieve and what can be done about it.  Since its peak in 2015, WPP shares have fallen 28% in value.  In the main, Sorrell points his finger at “major customers, who are holding back ad spending to cut costs, and the long-term impact of technological disruption and the short-term focus of zero-based budgeters, activist investors and private equity.” By Michael Farmer
 

Transparency is a big word for an important idea, but I’m curious if it will actually have an impact on the advertising business. If you casually peruse articles about advertising published in the last few years, you’ll see a steady increase in the volume of people talking about transparency, but if you dive one layer deeper, you’ll find it’s still just talk — not a business practice for most companies.

The wait is over for investors and Hispanic market observers who have been asking about Univision Communications‘ Initial Public Offering plan, and when the company targeting Hispanic and millennial consumers will come to fruition.  After a series of delays, there will be no IPO.  By Adam Jacobson

This year’s Oscars were dull.  No surprises.  Enough politics!  By David Morse / New America Dimensions

NBCUniversal Telemundo Enterprises announced the launch of Telemundo Academy, a first-ever multimedia educational institution to empower and train the next generation of media leaders. The academy’s first partners will include internationally renowned singer, actor and record producer Armando Christian Perez’s (Pitbull) SLAM Miami (Sports Leadership and Management) and the Doral Academy, two highly regarded local charter schools. 

The top three categories for Total U.S. ad spend are television, print-originated content and mobile.  They accounted for 73.9% of total U.S. ad spending in 2016.  TV and print totals include both legacy/linear and digital spend, while mobile spend is 100% digital.   By Jack Myers

Univision Communications Inc. (UCI) announced that Peter H. Lori has been named Chief Financial Officer, effective immediately.  Lori, who has served as Executive Vice President, Finance, Chief Accounting Officer and Deputy Chief Financial Officer for UCI, succeeds Francisco (Frank) J. Lopez-Balboa, who has decided to leave the company to pursue other opportunities. Lori will report to Randy Falco, President and Chief Executive Officer.

According to an analysis published by Jillian Berman, Georgetown University’s Center on Education, and the Workforce, though women are more likely to go to college and earn degrees than men, they don’t reap as large of a benefit from their education. Instead, says the report, women typically need one more degree to earn as much as men on average.

For a country founded on religious freedom, mainline Christian denominations face the harsh reality of declining attendance. “Do not attend church or identify with any organized religion” are trending upward among most populations, according to statistics published by The Pew Center.  by Karla Fernandez Parker

To kick off the 100-day countdown to the 2018 FIFA World Cup Russia™, Telemundo Deportes revealed a series of key updates for its coverage plans as the exclusive Spanish-language home of the largest sporting event in the world. In addition to multiplatform coverage and production updates, Telemundo Deportes announced a line-up of top-tier advertising partners, digital partnerships, more legendary and groundbreaking commentators, and insights of its latest consumer focused study around the FIFA World Cup™.

Café Bustelo® is partnering with the Hispanic Association of Colleges and Universities (HACU) to launch the fifth-annual Café Bustelo El Café del Futuro Scholarship.

You’ve seen the growth numbers. You’ve seen the purchasing power. You’ve seen the large multicultural successes in 2017 such as Coco. And you’ve been hearing it for years now. You know you have to start tapping into the multicultural market for the future of your brand or business. So what’s stopping you?

I recently proposed to a group of CMOs that short versus long-term was a meaningless distinction and that successful marketing is requires building and triggering memories across the buying cycle so that people are predisposed to buy your brand and pay the price asked. Here’s why.  by Nigel Hollis

The simultaneous use of second-screen devices—smartphones, tablets and desktops/laptops—while watching TV has increased year to year and will continue through at least 2019.  However, 2018 will be the first year in eMarketer’s forecast in which the use of desktops/laptops in this context declines.

We’re moving from a time of scarcity to an era of abundance, experiencing megatrends that are changing commerce, transportation, and healthcare: connected consumers, on-demand services, internet-enabled connection and commerce.  So why do people wring their hands and get so worked up about the future of media? As it turns out, scarcity was perhaps the one thing that made media relevant, reliable, and even resilient.