Publicis To Quit All Award Shows For 2018 (While Releasing Hilarious Company Video At Cannes)

Publicis To Quit All Award Shows For 2018 (While Releasing Hilarious Company Video At Cannes)
SHARE
THIS



Publicis Groupe globally has announced it won’t be entering any award shows for all of 2018 in a bid to rein in spending.

The decision was announced over night by new company CEO Arthur Sadoun (centre of main photo) and forbids any of its global agencies participating in awards shows, trade shows or other paid promotional efforts.

The news follows on from a promotional video released at Cannes over the weekend that playfully mocks both the agency and its new French boss, Sadoun. Check it out below:

According to an internal Publicis memo the company is “looking for 2.5 per cent cost synergies for 2018” and hopes to achieve that by “eliminating all award/trade shows for the next year.”

Rather than win award gongs, Publicis is investing its cash in its new Marcel platform, software that is designed to enable its 80,000 employees across 30 different countries to be “the first-ever professional assistant that uses AI and machine learning technology.”

Marcel is all part of Publicis’ “Power of One” strategy that wants the group to function as a “platform” rather than a network. You can check out more about Marcel in the company video below:

Meanwhile, Sadoun has given a frank interview to The Wall Street Journal outlining the difficulties faced by media agencies around the globe. You can read the full interview here.

In the interview, Sadoun said: “If the industry does not bring back growth to our clients’ business, we will be in danger. We have to overcome the fragmentation that now makes marketing splintered. We must be delivering expertise in technology and data and think very broadly about creativity.”

Please login with linkedin to comment

Advertising Standards Bureau Arthur Sadoun Feildel Phone Hacking

Latest News

Dairy Australia Launches Latest “Buy. Support. Enjoy Aussie Dairy” Via Elmwood
  • Campaigns

Dairy Australia Launches Latest “Buy. Support. Enjoy Aussie Dairy” Via Elmwood

The latest instalment of Dairy Australia’s “Buy. Support. Enjoy Aussie Dairy,” campaign has launched via elmwood. The ad aims to highlight the health benefits of getting your daily dose of dairy while also supporting local farmers and communities. The new Enjoy phase of the Dairy Australia campaign follows on from the initial scene-setting campaign, (around […]

Retired Marketing Man Andrew Piccoli Speaks About His Children’s Book ‘Dexter The Dahu’
  • Marketing

Retired Marketing Man Andrew Piccoli Speaks About His Children’s Book ‘Dexter The Dahu’

Andrew Piccoli spent his career overseeing some of Australia’s most memorable ad campaigns. Now, he has turned his attention to a particular area of passion: children’s literature. Now retired, Piccoli spent the COVID-19 lockdown writing the story of Dexter the Dahu for children aged between five and nine. He has donated a copy of the charming […]

A Clearer Lens: Restoring Trust In Out Of Home Measurement
  • Opinion

A Clearer Lens: Restoring Trust In Out Of Home Measurement

Outdated and modelled legacy measurement metrics being used by OOH companies have hindered confidence in the channel. Robin Arnold [pictured], Chief Technology Officer for LENS Technology & Analytics explores the few hero systems emerging to bring trust back to the channel. What do marketers really want? It’s a hard, nuanced question that has many answers. […]

Opinion

by B&T Magazine

B&T Magazine