INDUSTRY UPDATES

INDUSTRY UPDATE VOLUME 46

Max Gralpois

5/27/2020

Executive Summary – Monthly Recap

2020 is not yet over but without a doubt, will be remembered as a year of humility, sacrifice, creativity, and global unity. As the industry evolves and adapts to new circumstances and requirements, so do we. As a result, we made a few changes to the industry update, including two new sections under the Talent category that we will pilot in months to come: we will now highlight intriguing agencies or production companies to understand what’s possible, and scout the agency landscape for new talent, celebrating its richness and diversity in the process. And we will also list new open positions for advertisers looking to hire talent dedicated to managing agency partnerships.

The door is wide open: We initially created this resource to save our friends, colleagues, and clients precious time and effort, offering quick bite-sized highlights of what’s going on in our world. We know how little time is available and yet how essential it is to keep up with a vast and moving industry. So we continue to make this a useful, easy to-navigate and consume snapshot of major trends in our business. Please let us know what you think.

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Newsworthy reports and recent developments

At AMS, we approach the agency management discipline as four distinct but complementary practice areas – Talent, Work, Financials and Performance/Value – which is how we categorize the following developments.

Table of Contents:

Talent … page 1

NEW Company profiles … page 3

NEW Open positions that got our attention … page 3

Work … page 3

Financials … page 5

Performance and Value … page 6

Agency Reviews and Roster Changes … page 8

Disclaimer: The AMS Monthly Industry Update is a summary and analysis of newsworthy agency/client developments picked up in recent trade-related publications and news media.

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May 27, 2020