Viacom’s president and chief operating officer Mel Karmazin has unexpectedly resigned from the group that includes MTV, CBS and Paramount Pictures. Karmazin’s position will be taken on jointly by Tom Freston, chief executive of MTV and Leslie Moonves chief executive of CBS.
Analysing £1.8bn of media investments across the UK, a post-Covid/Brexit advertising effectiveness study found profitability varies greatly by media, with TV the greatest driver of overall profit volume.
While its tactics will evolve, the fast food giant believes the consistency of its overarching marketing strategy is what grounds the brand.
Agencies will complain pre-testing snuffs out the creative spark, but in reality it helps brands identify the best-performing ads and make them even better.
