Tag: Contract India

  • Indian design should have its own identity: Michael Johnson at KDY 2016

    Indian design should have its own identity: Michael Johnson at KDY 2016

    JAIPUR: After building a functional formula or template, creative minds often challenge themselves by breaking out of the same mould. Michael Johnson, who set up the London-based design consultancy Johnson Banks, is a follower of this school of thought, because ‘why not?’

    After giving a good 10 years to designing for big name brands, Johnson had taken on the lack of proper branding in non-for-profit sector, and asked himself if design solutions can actually make a tangible difference in the field.

    Addressing a room full of graphic designers, artistes and branding professions at day one of Kyoorius Design Yatra 2016, Johnson asked if designs can really make a difference or it is a self satisfying and misplaced expectation.

    Johnson then went on to answer the question with a glimpse of his team’s works since they started off.

    The problem, Johnson said, lay in how graphic designers and advertising agencies handle non-for-profit work. “They treat it the same way old Catholic churches would treat indulgences: a little act of good will for their smooth sailing to heaven, or to pacify their conscience. They don’t do it to actually make it work.”

    After familiarising the audience with the idea of design solutions for non-for-profit organisations that actually helped them raise significant funds, Johnson titillated them with the idea of open source rebranding – to the point of sharing their design’s first draft in a public domain to be criticised by the world at large.

    For those who don’t know Johnson and his team at Johnson Banks has been invading many trade publishers’ headlines for its partnership with Mozilla to rebrand the company’s identity on a public domain.

    Later, speaking to indiantelevision.com, Johnson shared he had great expectation from the Indian design community to carve a unique identity; and a part of it brings him back to Kyoorius Design Yatra.

    Having participated in Kyoorius Designyatra first in its 9th edition, Johnson feels it has grown a great deal over the years “A proper design conference was very much a new concept in India back then. It was more of ‘famous designers presenting their works and the Indian counter parts lauding. It was obviously very appreciated but there was very little interaction, and engagement from the audience. And here we are, almost 10 years later and the property has grown so much. It has a clear theme that resonates very well with me. Instead of ‘here’s what I do’ presentation, speakers can talk about why they do what they do,” Johnson shared, adding that from his last year’s experience as a judge of Kyoorius Design Awards 2015, he could gauge that the design industry is being seriously taken in the country.

    But it’s not quite there yet, Johnson admitted.

    “It’s hard to track Indian designs in other markets. You hear big names from India in thr advertising circle but it gets a little tricky from design perspective,” he said.

    “I have often questioned why Indian design should be reflective of western works. Why can’t they do their own unique branding when India has such a vibrant culture to draw inspiration from? There is no need to copy the trends that the UK and the USA have been doing for the past 50 years,” he simply stated. Giving Indian designers the benefit of doubt he added that it could be the result of western works dominating the design industry for years and becoming a benchmark for the young Indian professionals joining in now.

    “I strongly believe that Indian design should have its own identity, much like the Japanese who have made a staunch distinction in their work that is world apart. I have started to see someone of that since the last time I was here, thus looking forward to the winning entries of this year’s Kyoorius Design Awards,” Johnson added in parted.

  • GroupM raises U.S. TV spending forecast to 3.4 per cent

    GroupM raises U.S. TV spending forecast to 3.4 per cent

    MUMBAI: In what comes as a welcome news for the American advertising and television industry, leading media buying agency GroupM, has re-evaluated U.S. TV spending in 2016 to 3.4 percent growth from 2.3 per cent.

    The reason for this raise, a new report from GroupM clarifies, is the influx of campaign money to the ad spends of local TV networks, as both the political parties get more aggressive prior to the country’s presidential election.

    Along with that, there is a return to low single-digit growth in national TV, which is coming from some shifting in spending from digital in the consumer packaged goods category as well as continued spending growth from the heavy TV-centric pharmaceutical sector, GroupM said.

    For 2017, GroupM expects TV growth to decline to 2.1 per cent as local TV cools off in a non-election year. The healthier TV market is also facilitating an increased advertising spending overall in the U.S. for 2016, which the agency estimates to be at 3.1 per cent, up from 2.7 per cent.

    Digital investment will continue to grow at three times the rate of overall advertising spending but will be lower than the double-digit levels seen in recent years.

    “The combination of global economic headwinds coupled with moderate domestic growth as well as continued procurement pressure to extract media efficiencies and cost savings will confine ad market potential to its current low-single digit growth levels,” the GroupM report stated.

    When it comes to worldwide ad outlook for 2016, GroupM has reduced the earlier prediction of 4.5 to 4 per cent as China and Brazil markets cool down. India, though, remains the fastest-growing large economy in the world, increasing at a 14 percent to 15 per cent rate in 2016 and 2017.

    For 2017, GroupM sees ad volume rising at 4.3 per cent to USD 552 billion and total marketing services topping USD 1 trillion for the first time.

    To answer the several Brexit related nervous queries and fears within the industry, author of the forecast Adam Smith said, “At this time, there is no tangible evidence of a Brexit effect in macro indicators nor budgeting decisions. However, in the next six months to a year, it is likely companies will invest less. Job creation, wage growth and productivity will be lower than it otherwise might have been. This is a difference of degree, not magnitude.”

    “There is no evidence of a Brexit-driven recession at the time of this writing, and though some have deferred 2016 advertising investments, worst-case we still see that U.K. advertising growth will reach 4.5 per cent this year, propelled exclusively by the growth of digital. Our base case remains 6.3 per cent, which we will revise as usual in November,” he added.

    (source: broadcastingcable.com)

  • GroupM raises U.S. TV spending forecast to 3.4 per cent

    GroupM raises U.S. TV spending forecast to 3.4 per cent

    MUMBAI: In what comes as a welcome news for the American advertising and television industry, leading media buying agency GroupM, has re-evaluated U.S. TV spending in 2016 to 3.4 percent growth from 2.3 per cent.

    The reason for this raise, a new report from GroupM clarifies, is the influx of campaign money to the ad spends of local TV networks, as both the political parties get more aggressive prior to the country’s presidential election.

    Along with that, there is a return to low single-digit growth in national TV, which is coming from some shifting in spending from digital in the consumer packaged goods category as well as continued spending growth from the heavy TV-centric pharmaceutical sector, GroupM said.

    For 2017, GroupM expects TV growth to decline to 2.1 per cent as local TV cools off in a non-election year. The healthier TV market is also facilitating an increased advertising spending overall in the U.S. for 2016, which the agency estimates to be at 3.1 per cent, up from 2.7 per cent.

    Digital investment will continue to grow at three times the rate of overall advertising spending but will be lower than the double-digit levels seen in recent years.

    “The combination of global economic headwinds coupled with moderate domestic growth as well as continued procurement pressure to extract media efficiencies and cost savings will confine ad market potential to its current low-single digit growth levels,” the GroupM report stated.

    When it comes to worldwide ad outlook for 2016, GroupM has reduced the earlier prediction of 4.5 to 4 per cent as China and Brazil markets cool down. India, though, remains the fastest-growing large economy in the world, increasing at a 14 percent to 15 per cent rate in 2016 and 2017.

    For 2017, GroupM sees ad volume rising at 4.3 per cent to USD 552 billion and total marketing services topping USD 1 trillion for the first time.

    To answer the several Brexit related nervous queries and fears within the industry, author of the forecast Adam Smith said, “At this time, there is no tangible evidence of a Brexit effect in macro indicators nor budgeting decisions. However, in the next six months to a year, it is likely companies will invest less. Job creation, wage growth and productivity will be lower than it otherwise might have been. This is a difference of degree, not magnitude.”

    “There is no evidence of a Brexit-driven recession at the time of this writing, and though some have deferred 2016 advertising investments, worst-case we still see that U.K. advertising growth will reach 4.5 per cent this year, propelled exclusively by the growth of digital. Our base case remains 6.3 per cent, which we will revise as usual in November,” he added.

    (source: broadcastingcable.com)

  • Dentsu Creative Impact ropes in Anupama Ramaswamy and Akashneel Dasgupta as ECDs

    Dentsu Creative Impact ropes in Anupama Ramaswamy and Akashneel Dasgupta as ECDs

    MUMBAI: Dentsu Creative Impact, the creative agency from Dentsu Aegis Network that went on to win 23 metals at the Goafest this year, has made two major senior appointments in an attempt to further strengthen its creative product.

    The agency has roped in Anupama Ramaswamy and Akashneel Dasgupta as Executive Creative Directors, who will report to Dentsu India Group, NCD Soumitra Karnik.

    Prior to joining Dentsu Creative Impact, Ramaswamy was Executive Creative Director at Cheil, Gurgaon and was in-charge of the Samsung Mobile account. In the recent years, Anupama has worked on the launch of the Galaxy J series, Note 4, Grand 2 and the extremely-popular “Fickle is Fun” campaign for Lavie Handbags.

    Commenting on her new role, Ramaswamy said, “I am very excited to join Dentsu Creative Impact. I have loved the vibe of the agency since the moment I walked in. Soumitra and Amit have been trying to get the best possible talent, and my mandate here is to have fun while building a vibrant and creative culture. This will involve less rhetoric and more hands-on hard work.”

    Some of the agencies that she has worked with include JWT, Lowe, Rediffusion, Havas and FCB. She has worked across a gamut of brands such as Nokia, Airtel, Woodland, Whirlpool, LG, Maruti, Lays and Boost. In her kitty are a number of  AdFest Golds, Spikes, Effies, New York Festival and a number of Abby’s. She was part of the One Show Jury in 2012 and is a regular face on the Goafest jury panel over the last few years.

    Meanwhile,  Dasgupta’s last assignment was at ADK Fortune where he was heading the creative function. Dasgupta started his career in advertising with strategic planning at Mudra. 

    Commenting on his new role, he said, “It’s an exciting time to join Dentsu Creative Impact where a young new team has taken shape and one cannot fail to notice the energy and enthusiasm. Also, it was a personal desire for some time to work with Soumitra and I am happy that an opportunity has presented itself. Hope you get to hear more from us, soon.”

    Talking about the exciting new additions to the team, Karnik too said, “Great work happens when people commit to constantly raising the bar. We are young and tremendously hungry for qualitative growth. To satiate our appetite and to help us achieve our objective, people become easily our single most valuable asset and we cherry pick each one of them. Both Anupama and Akash are just the kind of people Dentsu Creative Impact needs to write its destiny. For me, they are our fantastic acquisitions.”

    Echoing a similar sentiment Dentsu Creative Impact SVP and branch head Amit Wadhwa added, “It’s been great going for Dentsu Creative Impact, especially in the last year or so, and one way we can really continue this upward journey is by having the right people around. This holds true even more so when it comes to the creative talent, since that is where the action finally boils down to. I think in Anupama and Akash we have two extremely talented, passionate and at the same time mature heads that will take us to where we intend to go.”

  • Dentsu Creative Impact ropes in Anupama Ramaswamy and Akashneel Dasgupta as ECDs

    Dentsu Creative Impact ropes in Anupama Ramaswamy and Akashneel Dasgupta as ECDs

    MUMBAI: Dentsu Creative Impact, the creative agency from Dentsu Aegis Network that went on to win 23 metals at the Goafest this year, has made two major senior appointments in an attempt to further strengthen its creative product.

    The agency has roped in Anupama Ramaswamy and Akashneel Dasgupta as Executive Creative Directors, who will report to Dentsu India Group, NCD Soumitra Karnik.

    Prior to joining Dentsu Creative Impact, Ramaswamy was Executive Creative Director at Cheil, Gurgaon and was in-charge of the Samsung Mobile account. In the recent years, Anupama has worked on the launch of the Galaxy J series, Note 4, Grand 2 and the extremely-popular “Fickle is Fun” campaign for Lavie Handbags.

    Commenting on her new role, Ramaswamy said, “I am very excited to join Dentsu Creative Impact. I have loved the vibe of the agency since the moment I walked in. Soumitra and Amit have been trying to get the best possible talent, and my mandate here is to have fun while building a vibrant and creative culture. This will involve less rhetoric and more hands-on hard work.”

    Some of the agencies that she has worked with include JWT, Lowe, Rediffusion, Havas and FCB. She has worked across a gamut of brands such as Nokia, Airtel, Woodland, Whirlpool, LG, Maruti, Lays and Boost. In her kitty are a number of  AdFest Golds, Spikes, Effies, New York Festival and a number of Abby’s. She was part of the One Show Jury in 2012 and is a regular face on the Goafest jury panel over the last few years.

    Meanwhile,  Dasgupta’s last assignment was at ADK Fortune where he was heading the creative function. Dasgupta started his career in advertising with strategic planning at Mudra. 

    Commenting on his new role, he said, “It’s an exciting time to join Dentsu Creative Impact where a young new team has taken shape and one cannot fail to notice the energy and enthusiasm. Also, it was a personal desire for some time to work with Soumitra and I am happy that an opportunity has presented itself. Hope you get to hear more from us, soon.”

    Talking about the exciting new additions to the team, Karnik too said, “Great work happens when people commit to constantly raising the bar. We are young and tremendously hungry for qualitative growth. To satiate our appetite and to help us achieve our objective, people become easily our single most valuable asset and we cherry pick each one of them. Both Anupama and Akash are just the kind of people Dentsu Creative Impact needs to write its destiny. For me, they are our fantastic acquisitions.”

    Echoing a similar sentiment Dentsu Creative Impact SVP and branch head Amit Wadhwa added, “It’s been great going for Dentsu Creative Impact, especially in the last year or so, and one way we can really continue this upward journey is by having the right people around. This holds true even more so when it comes to the creative talent, since that is where the action finally boils down to. I think in Anupama and Akash we have two extremely talented, passionate and at the same time mature heads that will take us to where we intend to go.”

  • Star India’s ‘Mauka Mauka’ and Iss Pyaar Ko Kya Naam Doon – Ek Jashn shine at Abbys 2016

    Star India’s ‘Mauka Mauka’ and Iss Pyaar Ko Kya Naam Doon – Ek Jashn shine at Abbys 2016

    MUMBAI: Star India was one of the few broadcasters to emerge with glory at the 11th edition of Goafest 2016 with 20 metals to its name. Its biggest success story was the extremely popular campaign ‘Mauka Mauka’ that the channel had done in-house for the ICC Cricket World Cup 2015. The catchy jingle not only became a nationally trending conversation piece, but also won the network gold in the Broadcaster category at the Abbys. Apart from the gold, the promotion also won three silvers in media and creative Abby.

    Star India’s flagship show Iss Pyaar Ko Kya Naam Doon also claimed a bronze for making the best TV Fiction Promo for its rebooted mini-series version on Hotstar – Iss Pyaar Ko Kya Naam Doon – Ek Jashn. The promo was successful in sparking nostalgia as well as creating a superb buzz around the popular show, as also inviting TV fans of the show to turn to their OTT platform Hotstar to enjoy the webseries.

    The channel’s promotion for its ongoing prime time show Siya Ke Ram was also felicitated with a silver medal in the media field. Siya Ke Ram – Dhanush Yatra bagged the silver for best use of Special Events & Stunts/Live Advertising.


    The network bagged a total of six silvers including three in media, two in broadcaster and one in creative categories with Mauka Mauka winning three silvers for best use of digital as a medium; best use of Social Media and for Integrated Advertising. Siya Ke Raam – Dhanush Yatra of Star Plus won asilver for best use of Special Events & Stunts / Live Advertising (Media); Star Movies Select HD’s Select Sundays Nostalgia and the Book Adaptations campaigns winning a silver each for best Movie Promo by a TV Channel (Broadcaster).

  • Star India’s ‘Mauka Mauka’ and Iss Pyaar Ko Kya Naam Doon – Ek Jashn shine at Abbys 2016

    Star India’s ‘Mauka Mauka’ and Iss Pyaar Ko Kya Naam Doon – Ek Jashn shine at Abbys 2016

    MUMBAI: Star India was one of the few broadcasters to emerge with glory at the 11th edition of Goafest 2016 with 20 metals to its name. Its biggest success story was the extremely popular campaign ‘Mauka Mauka’ that the channel had done in-house for the ICC Cricket World Cup 2015. The catchy jingle not only became a nationally trending conversation piece, but also won the network gold in the Broadcaster category at the Abbys. Apart from the gold, the promotion also won three silvers in media and creative Abby.

    Star India’s flagship show Iss Pyaar Ko Kya Naam Doon also claimed a bronze for making the best TV Fiction Promo for its rebooted mini-series version on Hotstar – Iss Pyaar Ko Kya Naam Doon – Ek Jashn. The promo was successful in sparking nostalgia as well as creating a superb buzz around the popular show, as also inviting TV fans of the show to turn to their OTT platform Hotstar to enjoy the webseries.

    The channel’s promotion for its ongoing prime time show Siya Ke Ram was also felicitated with a silver medal in the media field. Siya Ke Ram – Dhanush Yatra bagged the silver for best use of Special Events & Stunts/Live Advertising.


    The network bagged a total of six silvers including three in media, two in broadcaster and one in creative categories with Mauka Mauka winning three silvers for best use of digital as a medium; best use of Social Media and for Integrated Advertising. Siya Ke Raam – Dhanush Yatra of Star Plus won asilver for best use of Special Events & Stunts / Live Advertising (Media); Star Movies Select HD’s Select Sundays Nostalgia and the Book Adaptations campaigns winning a silver each for best Movie Promo by a TV Channel (Broadcaster).

  • Ofcom to take over video-on-demand regulation from 2016

    Ofcom to take over video-on-demand regulation from 2016

    MUMBAI: The regulation of video-on-demand (VOD) programme services is being brought fully within Ofcom to sit alongside its regulation of broadcast content. 

     

    The move follows an Ofcom review to ensure regulation of broadcast and on-demand content remains as effective and efficient as possible for the benefit of consumers, audiences and industry.

     

    The review included the current co-regulatory arrangements for VOD services. These can include catch-up TV and on-demand services on the TV and the internet. Ofcom designated the Authority for Television On Demand (ATVOD) in 2010 as a co-regulator to take the lead in regulating editorial content for video-on-demand services.

     

    Following the review, Ofcom decided that acting as sole regulator for VOD programmes is a more effective model for the future than having two separate bodies carrying out this work. This will create operational efficiencies and allow editorial content on VOD to sit alongside Ofcom’s existing regulation of broadcasting.

     

    VOD services have become increasingly popular among viewers. The proportion of adults aged 15 and over that watch VOD services has increased from 27 per cent in 2010 to 57 per cent in 2014, according to Ofcom research.

     

    ATVOD has played an important, effective role in regulating on-demand TV over the past five years. Like Ofcom, it is committed to protecting audiences from harmful content. ATVOD and Ofcom are therefore working closely together to ensure a smooth transfer of responsibilities so that audiences, especially children, remain protected at all times.

     

    As co-regulator for on-demand services, Ofcom already has concurrent responsibility to act in addition to, or in place of, ATVOD. From 1 January 2016, Ofcom will take sole responsibility for regulating VOD programme services. The Advertising Standards Authority will continue to act as a co-regulator for advertising content on VOD services.

  • Bulldog to bring ‘The Apprentice’ & ‘Space Race’ to India in 2016

    Bulldog to bring ‘The Apprentice’ & ‘Space Race’ to India in 2016

    MUMBAI: After India’s Next Top Model, Bulldog Media and Entertainment is gearing up to bring two more international formats to India.

     

    Even as Donald Trump is standing for the next US Presidential elections in 2016, the television show synonymous with him – The Apprentice – will make its India debut as Bulldog Media and Entertainment will be bringing the Indian adaptation of the game show. Additionally, the company has also acquired the format rights of NBC’s ambitious series – Space Race.

     

    Speaking to Indiantelevision.com, Bulldog Media and Entertainment co-founder and executive producer Akash Sharma said, “We are very excited about the new reality shows that we will launch soon. The Apprentice is an American reality game show that has also been launched in several countries; it’s a very successful show in America.”

     

    Sharma further added, “Our plan is to expand ourselves in different genres. For the next 18 months we will work on bringing quality content and international formats to India. We are also looking at bringing back People’s Choice Award.

     

    The Apprentice is an American reality game show hosted by Trump, which has been created by American television producer Mark Burnett. The format has been licensed across the world in Africa, Australia, Brazil, Germany, United Kingdom, Malaysia and Russia amongst others. 

     

    On the other hand, Space Race is an unscripted series produced by NBC along with Richard Branson’s Virgin Galactic and Burnett. It is an elimination competition series where everyday people compete for the ultimate prize – a trip for the winner into space on Virgin Galactic’s SpaceShipTwo for a life-changing experience few people have ever enjoyed, all captured on camera. However, NBC was said to have been seriously assessing the probability of launching the show in the light of Virgin Galactic’s SpaceShipTwo spacecraft crash in October 2014, which killed one pilot and seriously injured the other.

     

    Talking about this unique show, Sharma says, “Space Race will be the most aspirational show ever on Indian television. It basically takes contestants from different walk of life to space. Putting them into physical and mental challenges will give them chance to go in space in the Virgin Galactic spaceship. The show will be produced by Mark Burnett and Virgin Galactic. We are waiting for the official clearance from Virgin Galactic.”

     

    “We will have very intense challenges in store for contestants and the winner will get a chance to board space port America in Virgin Galactic space port. In the finale they will have a chance to represent India in space,” he adds.    

     

    Bulldog Media’s bid to bring Space Race to India will indeed be worthy to watch.

  • Internet advertising to overtake television in 2018: Zenithoptimedia

    Internet advertising to overtake television in 2018: Zenithoptimedia

    MUMBAI: Even as desktop internet advertising continues to grow, it is slated to lose market share for the first time this year, dropping from 19.8 per cent of global adspend in 2014 to 19.4 per cent according to ZenithOptimedia’s new Advertising Expenditure Forecasts.

    By 2017, ZenithOptimedia forecasts desktop internet to account for 19.1 per cent of global adspend. Meanwhile, mobile internet advertising’s share of the global ad market will rise from 5.7 per cent in 2014 to 15 per cent in 2017. Overall, internet advertising will account for 34 per cent of global adspend in 2017, slightly behind television’s 35.9 per cent.

    The market share gap between the two media will narrow from 13.3 percentage points in 2014 to 1.9 in 2017. At this rate of growth, internet advertising will overtake television in 2018.

    On the other hand, print adspend continues to decline across most of the world, as it has done since 2008. The report predicts that newspaper adspend will shrink by an average of 4.9 per cent a year through to 2017, while magazine advertising will shrink by 3.2 per cent a year. Their combined share of global adspend has fallen from 39.4 per cent in 2007 to 19.6 per cent this year, and we expect it to fall further to 16.7 per cent by 2017.

     

    Mobile advertising to overtake newspapers in 2016: 

     

    Mobile internet advertising will overtake newspaper advertising next year, accounting for 12.4 per cent of global adspend while newspapers account for 11.9 per cent, according to ZenithOptimedia.

    Mobile internet will be the third-largest advertising medium, behind television and desktop internet. Mobile advertising will grow 38 per cent in 2016 to $71billion, while newspaper advertising will shrink four per cent to $68 billion.

    Mobile advertising remains the driving force behind the growth of the entire advertising market, contributing 83 per cent of all new ad dollars between 2014 and 2017.

     

    Global adspend to grow 4.0 per cent in 2015

     

    ZenithOptimedia forecasts that global adspend will grow four per cent to reach $554 billion in 2015, and will accelerate to five per cent growth in 2016, boosted by the 2016 Summer Olympics in Rio and the US Presidential elections. Adspend will then slow down slightly in the absence of these events, growing 4.4 per cent in 2017.

     

    Mature Markets to lead adspend growth for the first time in nine years

     

    ZenithOptimedia has reduced its forecasts for adspend growth in 2015 since its June forecast by 0.2 percentage points. There has been broad-based deceleration across the world as marketers have moderated their expectations of global economic growth. With Brazil and Russia in recession, and China slowing down, the world can no longer rely on emerging markets to set the pace of growth. The agency expects ‘Mature Markets’ (defined as North America, Western Europe and Japan) to contribute more to global adspend growth this year than ‘Rising Markets’ (everywhere else), for the first time since 2006. The agency says that this is a temporary aberration, however – Rising Markets will become the leading contributors to ad market growth again in 2016, and will increase their market share from 37.4 per cent in 2015 to 38.8 per cent in 2017.

     

    China slows but is still growing twice as fast as the world as a whole

     

    China’s ad market has not been substantially affected by the turmoil in its stock market, but the slowing economy and concerns about the potential for future growth have caused advertisers to moderate their spending slightly. The report forecasts adspend growth in China to fall from 10.5 per cent in 2014 to 7.8 per cent in 2015 – a rate of growth that’s still twice as fast as the global ad market’s, and which places China as the 13th – fastest growing ad market of the 81 that the agency covers.

     

    Low oil prices weigh on big producers

     

    While beneficial for the global economy – and the ad market – as a whole, low oil prices are depressing activity in the big oil producers. The report forecasts double-digit declines in adspend this year in Azerbaijan, Nigeria and the United Arab Emirates, and declines of seven – eight per cent in Kuwait and Saudi Arabia. In Russia, the problem of low oil prices has been exacerbated by international sanctions, leading to an estimated 14.1 per cent drop in adspend this year.

    “Mobile technology is rapidly transforming the way consumers across the world live their lives, and is disrupting business models across all industries. We are now witnessing the fastest transition of ad budgets in history as marketers and agencies scramble to catch up with consumers’ embrace of the mobile way of life,” said ZenithOptimedia worldwide CEO Steve King.