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Category: Global

Sony to acquire 10% of Kadokawa shares, to become its biggest shareholder
Sony to acquire 10% of Kadokawa shares, to become its biggest shareholder
Posted on December 20, 2024
by Teddy Cambosa
With the acquisition of the new shares, Sony will become Kadokawa's largest shareholder, holding approximately 10% of its shares, including the shares Sony previously acquired in February 2021.
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Malcolm Poynton departs global chief creative office role at Cheil Worldwide after ten years
Malcolm Poynton departs global chief creative office role at Cheil Worldwide after ten years
Posted on December 20, 2024
by Teddy Cambosa
Prior to joining Cheil Worldwide, Poynton held positions of chief creative officer at SapientNitro Europe, executive creative director at Ogilvy UK and executive creative director at Saatchi&Saatchi in Sydney.
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comms8-ukaeg-china
Comms8, UKAEG join forces to expand British advertising’s impact in Greater China
Posted on December 18, 2024
by Aliza Carmona
The Comms8-UKAEG partnership taps into the growing trend of Chinese brands expanding globally, aiming to leverage British advertising expertise to help these firms navigate complex cultural, consumer, and regulatory landscapes.
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HSBC reportedly reviewing overseas retail banking operations, including in Malaysia and Indonesia
HSBC reportedly reviewing overseas retail banking operations, including in Malaysia and Indonesia
Posted on December 16, 2024
by Teddy Cambosa
According to the report, the bank is shifting its focus beyond its core markets to reduce its consumer footprint and prioritise serving wealthier “premier” clients.
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Global lead management operating system Convertr announces US$12m investment
Global lead management operating system Convertr announces US$12m investment
Posted on December 16, 2024
by Teddy Cambosa
Said investment will fuel Convertr's ambitious vision, expansion and product development including new AI-powered features and enhanced integrations.
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Global media owners’ ad revenues reach US$933b in 2024, citing continued industry innovations
Global media owners’ ad revenues reach US$933b in 2024, citing continued industry innovations
Posted on December 12, 2024
by Teddy Cambosa
Moreover, the ‘Big Three’ digital media owners, Google, Meta, and Amazon, continued to outperform the market, with ad revenue growth of 11%, 22%, and 21%, respectively. Their combined market share reached 51% of global ad revenue and 61% outside of China.
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LG Ad Solutions renews global partnership with Magnite
LG Ad Solutions renews global partnership with Magnite
Posted on December 11, 2024
by Teddy Cambosa
Through ClearLine, they can apply LG’s proprietary first-party data to LG’s supply and will be able to utilize unique ad formats on the LG Home Screen in the first half of next year—marking the first time these formats are available in the programmatic ecosystem. 
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David Neal appointed as DEPT’s new global chief financial officer
David Neal appointed as DEPT’s new global chief financial officer
Posted on December 10, 2024
by Teddy Cambosa
David brings substantial experience as a chief financial officer, with a proven track record in the marketing and advertising sectors across South and Southeast Asia and global leadership positions.
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Omnicom Group confirms IPG acquisition, to create ‘premier marketing, sales company’
Omnicom Group confirms IPG acquisition, to create ‘premier marketing, sales company’
Posted on December 9, 2024
by Teddy Cambosa
Omnicom reports that new company will have over 100,000 expert practitioners. The company will deliver end-to-end services across media, precision marketing, CRM, data, digital commerce, advertising, healthcare, public relations and branding.
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Omnicom Group reportedly in advanced negotiations to acquire rival IPG
Omnicom Group reportedly in advanced negotiations to acquire rival IPG
Posted on December 9, 2024
by Teddy Cambosa
While details of the purported deal are yet to be announced, it is estimated that  all-stock deal is likely to value Interpublic at between US$13b and US$14b, excluding debt.
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