At the bottom of the structure is WPPs global data and technology company Choreograph, which launched in April 2021 and assists clients with first-party data strategies, including identity solutions, audience insights, predictive analysis and optimisation. Lawson said the new EssenceMediacom network builds on the strong and proven relationship between the agencies to create the agency model our clients want for the future. Position Overview The Project Manager is responsible for managing project scope for a large-scale event, with possible support from Associate Project Managers. Essence and MediaCom will merge to form EssenceMediacom, a new agency offering fusing the digital and data-driven DNA of Essence with MediaCom's scaled multichannel audience planning and strategic media expertise. T. Gangadhar led the agency across the APAC region. The combination of smart insights, analytical rigor, and expansive creative thinking, scaled around the world, has been unlocking new opportunities, and delivering stronger impact; we're excited about this next step forward in our work together. It also works with The Hallway, first appointed to Googles creative account in October 2014. Career Girls is a registered trademark in the United States. The combination of smart insights, analytical rigor and expansive creative thinking, scaled around the world, has been unlocking new opportunities and delivering stronger impact; were excited about this next step forward in our work together., Luis Di Como, executive vice-president global media at Unilever, added: Digitization is changing how consumers live, play and shop and is, therefore, reshaping our industry at speed. Customers come to us for fashion, value and celebration. The merger delivers seamless access to Neos digital-first capabilities and a relentless focus on performance models to accelerate Good Growth. Get the very latest news and insight from Campaign with unrestricted access to campaignlive.com, plus get exclusive discounts to Campaign events. Nick Lawson, who was previously the global chief executive officer of MediaCom, will lead the new company, dubbed EssenceMediacom, while Kyoko Matsushita, formerly CEO of Essence, will lead WPPs operations in Japan. COMvergence ranked MediaCom first in the industry for new business wins in 2021 with $2.87B in new billings attributed to wins, while Essence has continued to grow and expand its remit with Google and other key clients. I'm delighted to partner with Neo CEO Nasreen Madhany as we complete the integration of the two businesses and move into a new future together.". GroupM Nexus unites GroupM's addressable content and TV, AI technology (Copilot), and omnichannel solutions from Finecast, Xaxis, and GroupM Services into a single unit. GroupM, the media network owned by British holding company WPP, announced the shake-up today (April 26) while also confirming it had merged recent acquisition Neo into the Mindshare brand. MediaCom and Essence already work together on a number of global assignments. A 501(c)(3) Organization. / EssenceMediacom will not only help our clients see the bigger picture and reimagine what's possible; it will also provide opportunities for our people to upskill and train in new areas, further enriching and enhancing their careers. Macy s is also known for giving back to our communities. Cookies help us provide, protect and improve our products and services. Also as part of the GroupM restructuring, addressable TV agency Finecast, AI and tech specialists Xaxis and activation specialists Group M Services will be brought together to form Group M Nexus, a unified offering focused on media performance. by Arvind Hickman and Gideon Spanier On the top layer will be three media agencies: EssenceMediacom, Mindshare and Wavemaker, which work with clients to set media strategies and execute against them. The agency model our clients want for the future. Carnyx Group Ltd 2022 | The Drum is a Registered Trademark and property of Carnyx Group Limited. Mindshare and Neo will operate under the Mindshare brand but will retain and scale Neo's operating model, focused on pureplay performance solutions at its heart, and will integrate this into Mindshare's full funnel offering. We are encouraged by the changes announced today by Group M which will see greater integration between data-driven marketing, multichannel audience planning, performance, and strategic media expertise.. GroupM's portfolio includes Data & Technology (Choreograph), Investment, and cross-channel performance solutions (GroupM Nexus), all united in the vision to shape the next era of media where advertising works better for people. Asked directly about any potential job losses at EssenceMediacom, he said:No, right now I am not seeing anything.. Essence and MediaCom will merge to form EssenceMediacom, fusing the digital and data-driven DNA of Essence with MediaComs scaled multichannel audience planning and strategic media expertise, the company said. Prior to joining Essence, Beth worked at the creative agency R/GA in New York and London. You can always talk to sales if youre interested in advanced plans. Essence, EssenceMediacom, GroupM, GroupM Canada, MediaCom, MediaCom Canada, Publicis, IPG continue revenue growth streaks in Q2, Omnicom invests in precision marketing and commerce in a strong Q2, Banfield and Ethnicity Matters named AORs for National Arts Centre, GroupM sets plan to refine medias insufficient sustainability efforts, Nominations open for 2022 Media Leader of the Year, Virtual Roundtable: Fashion retailers emerge from hibernation, Virtual Roundtable: Auto brands in the drivers seat, Spotted! The Fund for Public Health in New York City (FPHNYC) is a 501(c)3 non-profit organization that is dedicated to the advancement of the health and well-being of all New Yorkers. The new EssenceMediacom, as the merged entity will be known, is meant to bring together MediaComsscaled audience planning and strategic media expertise across channels with Essences digital and data-driven DNA., The future of marketing is outcomes-driven, supported by audience-first planning and continually improving, AI-enabled performance standards, GroupM global CEO Christian Juhl said in a statement. In the middle layers is Group M Nexus, which provides clients with performance activation, AI and machine learning, and addressable media solutions. I'm really optimistic about where media sits right now. The realignment comes as WPPs merger of AKQA Media into Essence, is set to come into effect on 1 January 2022, significantly bolstering the agency to around 250 staff across Melbourne, Sydney and Brisbane. All rights reserved. Since then, WPPs efforts to simply its organization have primarily focused on its creative agencies, with mergers including VML and Y&R, Grey and AKQA and Wunderman and J. Walter Thompson. The future of marketing is outcomes-driven, supported by audience-first planning and continually improving, AI-enabled performance standards. But in order to provide consumers with an effortless end-to-end experience, as an industry we must utilise new skills and expertise, and harness new ways of working. EssenceMediacom will launch with 10,000 employees in 125 offices, handling close to $25bn (19.7bn) in billings. GroupM has announced the merger of Essence and MediaCom. For our teams it means more opportunity and the ability to create greater impact across the world. Nicolas Bidon, CEO GroupM Nexus, said: "GroupM Nexus unites leading media talent, digital services excellence, cutting-edge AI technology and unique scaled partnerships into a new cross-channel performance organization with one purpose: power growth for our people, our agencies and the amazing brands they represent. Founded in 1985, we offer extraordinary client service in private banking, private business banking and private wealth management. The convergence of media, entertainment and commerce in digital environments is enabling us to build brands and convert to sales in the same place. April 26, 2022. For our teams it means more opportunity and the ability to create greater impact across the world. Kyoko Matsushita, the global chief executive of Essence, will be promoted to a new role as WPPs CEO in Japan. Gumtree Media UpNext: The Future is Sustainable, In Memoriam: Remembering Y&R, AKQA Media, Ikon, and Badjar Ogilvy, Double agent: Creative fired after Omnicom agencies bust his hustle, Fixing what?! GroupM Nexus will comprise 9,000 practitioners around the world, collectively responsible for the activation of more than 2 million campaigns managed by GroupM each year. We are encouraged by the changes announced today by GroupM that will see greater integration between data-driven marketing, multichannel audience planning, performance and strategic media expertise., Lawson added: EssenceMediacom will not only help our clients see the bigger picture and reimagine whats possible, it will also provide opportunities for our people to upskill and train in new areas, further enriching and enhancing their careers.. Calum Jaspan is a senior journalist at Mumbrella, based in Melbourne. Industry attention will focus on EssenceMediacom. WPP merged the latter with Ikon Communications in February this year. Juhl told Campaignthat the merger will offer clients a one-stop shop that marriesEssences digital creative technology and data driven performance with MediaComs global scale, media planning and brand-building capabilities across the full spectrum of media channels, not just digital. So you're always sort of stuck in this hole of having to work across different agencies and for clients that can be frustrating. By using our website, you agree to our use of cookies. Description At First Republic, we care about our people. // Listen to article LONDON and NEW YORK and SAN FRANCISCO, April 26, 2022 /PRNewswire/ -- GroupM, WPP's media investment group, today announced the latest steps in its transformation to accelerate innovation for clients and further simplify its operations. All Rights Reserved. As first reported in Campaign US, Google appointed Essence to its full service media account without a pitch. COMvergence ranked Mindshare third in the global new business rankings for 2021 with $2bn in newly won and retained client revenue and Mindshare was recently named the #1 Media Agency Network in theWARC Media 100 rankingsfor the third consecutive year. The final piece of the global restructure is Mindshare completing the integration of Neos 1,200 performance experts, consultants and digital-first services into its offering. Essence was founded in the UK in 2005 and has made its name as a digital specialist, which led to its acquisition by WPP in 2015. Nicolas Bidon (Global CEO of Xaxis) will oversee GroupM Nexus as Global CEO. As well as integrating its subsidiaries, it has announced the launch of GroupM Nexus, a new performance media outfit drawing on talent from Finecast, Xaxis and GroupM Services. While the combination will result in Neo now operating under the Mindshare brand, the agency will retain and scale Neos performance-focused operating model and integrate it into Mindshares full-funnel offering. The merger delivers seamless access to Neo's digital-first capabilities and a relentless focus on performance models to accelerate Good Growth. Omnicom has been a strong partner for us over many years and we look forward to continuing our relationship with them across other services.. The moves, which build on the April 2021 launch of Choreograph, WPP's global data and technology company, will merge Essence with MediaCom and Mindshare with Neo and create a new 9,000-strong cross-channel performance platform built on AI technology. Supervises customer service associates and designated hitters. Talentify.io Current CEO of GroupM globally, Christian Juhl was CEO of Essence at the time of the acquisition. The merger may surprise some industry observers, particularly in the UK, where MediaCom is already by far the largest media agency in terms of billings (1.4bn) and Essence after a stellar year of 74% growth is the fourth largest (531m), according to Nielsen Ad Intel data for Campaigns School Reports. We cannot wait to innovate together and unlock new opportunities for everyone.". Nick Lawson, the global chief executive of MediaCom, will assume the same role at the helm of EssenceMediacom (the merged agency will drop the capitalC from the MediaCom name as part of the rebrand). Kyoko Matsushita, formerly CEO of Essence. Through GroupM Nexus and our agency powerhouses Mindshare, Wavemaker, and EssenceMediacom we are building a tech-enabled future, side-by-side with our clients, that is accountable to advertisers' growth goals and to our vision for an advertising ecosystem that works for everyone. GroupM says there are no changes to the leadership structure in Canada at this time (the hiring of a new CEO at GroupM agency Wavemaker, also announced Tuesday morning, is unrelated to the restructuring). This is consistent with GroupMs overall policy of a technology agnostic approach.. The merger of Essence and AKQA Media comes after WPP merged the latter with Ikon Communications in February this year. $('a[href^="http://"]').not('a[href*=campaignlive]').attr('target','_blank'); EssenceMediacom CEO Nick Lawson unveils new global leadership team, MediaCom partners Ozone Project to produce mobile ads, Google blocked 3.4 billion ads and suspended 5.6 million accounts in 2021, WPPs Mark Read on MediaCom merger, pitch pipeline and halving Cannes attendance, Christian Juhl on EssenceMediacom: Clients want a single agency to handle brand and performance, WPP upgrades forecast after Group M and PR fuel Q1 growth, Movers & Shakers: Havas North America, Mercedes-Benz, Campbell Ewald, Popeyes and more, Perion partners with MTVs Catfish producer for online privacy campaign, IPG organic growth slows in Q2 but remains strong over COVID period, Social media platforms still failing to enforce protections for LGBTQ users: GLAAD. Product Strategy Initiatives Manager - Bank of America, Japanese Bilingual Consulting Manager - Advantage Resourcing, Senior Manager - Enterprise Portfolio Management - Fiserv, Title Agency Manager - New York Title Company, Project Manager, Production - New York, NY - Encore Global, Sales Territory Manager (Long Island) - Enovis, Sr. Production Services Manager for Market Risk and Counterparty Credit Risk Applications - Bank of America, Operations Manager - The Redbury New York, Project Manager - Fund for Public Health in New York, Sr. This website uses cookies to improve your experience while you navigate through the website. In its statement, GroupM said the merger would provide clients with the chance to access Essences digital expertise and MediaComs media capabilities simultaneously, rather than contracting both businesses. A single agency to handle both brand and performance. The convergence of media, entertainment and commerce in digital environments is enabling us to build brands and convert to sales in the same place, he said. We believe that personal connections are everything About Macy s is proudly America s Department Store. ", Kyoko Matsushita said: "Today's global marketers need both agility and scale from their agency partners to properly support their businesses across international markets. I also want to congratulate Kyoko, who has grown and strengthened Essence in her time as Global CEO, on her exciting new role as WPP's CEO in Japan. We cannot wait to innovate together and unlock new opportunities for everyone, Bidon said. Im delighted to partner with Neo CEO Nasreen Madhany as we complete the integration of the two businesses and move into a new future together.. These cookies will be stored in your browser only with your consent. Neo was first brought out of the Ogilvy P&L in 2017, when it began a transition to becoming Mindshares performance-focused arm, with a full integration of capabilities announced in 2020. If there are any changes to job roles, there are a lot of different opportunities for very talented folks elsewhere in the group, he added. For 175 years, NYU Grossman School of Medicine has trained Fast growing title insurance agency located in Manhattan is seeking an experienced manager or underwriting counsel to run all of our operations due to our current manager relocating out of state. Juhl said: We are passionate about the opportunity technology gives us to help our clients navigate constant change and achieve their growth goals. Group M is merging MediaCom and Essence among a raft of changes at WPPs media division. On the creation of GroupM Nexus, Bidon said it would unite leading media talent, digital services excellence, cutting-edge AI technology and unique scaled partnerships into a new cross-channel performance organization with one purpose: power growth for our people, our agencies and the amazing brands they represent. ", Luis Di Como, Executive Vice President Global Media, Unilever said: "Digitization is changing how consumers live, play and shop and is therefore reshaping our industry at speed. In a statement, GroupM boss Christian Juhl said: We are passionate about the opportunity technology gives us to help our clients navigate constant change and achieve their growth goals. Peter Friedland's role at Media Futures Group is Vice President, Client Partner. Assistant Digital Media Planner - MasterCard, Digital Media Planner - Applebee's, Ethan Allen, Find verified emails and direct dial mobile numbers of contacts on LinkedIn, and sync them with your CRM instantly. Through Group M Nexus and our agency powerhouses Mindshare, Wavemaker, and EssenceMediacom, we are building a tech-enabled future, side-by-side with our clients, that is accountable to advertisers growth goals and to our vision for an advertising ecosystem that works for everyone.. Digitisation is changing how consumers live, play and shop and is therefore reshaping our industry at speed. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This website uses cookies for proper functioning and enhancing the user experience.