DoubleClick, the internet advertising company, has agreed to be bought by California investment group Hellman & Friedman for $1.1bn (&£570m) in cash. Hellman & Friedman’s last foray into the advertising world was the acquisition of 20 per cent of Young & Rubicam in 1996: it sold the stake in 1999 for a return of $1bn (&£520m) on its investment.
The sixth CX50 list of the UK’s top 50 customer experience professionals reveals the key trends in a complex and highly regulated sector.
Wise has driven much of its growth to date through word of mouth, but having evolved its proposition, the international banking platform believes now is the time to launch its first global brand campaign as it looks to build awareness.
Some CMOs are “selfish” staying in their posts too long and not letting others progress, suggests Asahi CMO Grant McKenzie.
While the UK’s ad market grew 6% in 2023, total growth when discounting high inflation rates was -1.2%, according to the latest report from the AA and WARC.