From Upfronts to NewFronts, Madison Avenue Faces Its Post-COVID Future (Strictly Business Podcast)

  • 📰 Variety
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

On the latest episode of the Variety podcast 'Strictly Business': a conversation about the state of the advertising business with GroupM's Brian Wieser 🎧

“It’s stimulus-driven in many cases, at least collectively, because we really do need to remember a lot of people are still struggling, but on average people in the economy are very, very able and willing to spend money.”Also fueling advertising growth is not just a robust level of new business formation, but the emergence of new kinds of businesses more oriented to the explosive growth of e-commerce coming out of the pandemic.

The average company reserves 1% of revenue to advertising. But what if the new generation of businesses being formed was more like 2%? Something like that is happening, and more of that extra money is flowing intoIn this wide-ranging conversation, Wieser address many key trends impacting the advertising world, including the rise of connected TV, addressable advertising and the extinction of third-party cookies.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 108. in BUSİNESS

Business Business Latest News, Business Business Headlines