Holding Company Chiefs on How the Economic Downturn Measures Up to 2008’s Recession
It’s still uncertain how the current economic uncertainty will shake out and whether there will be any parallels to the 2008 recession. Leaders are hesitant to draw comparisons to 2008 for a variety of reasons, the largest being the extent the industry has changed since then. But they agreed there are indeed some parallels–namely, a…Read More
Bloomberg Media’s CEO on Exiting the Programmatic Open Marketplace and Top 2023 Priorities
Bloomberg Media, entering its ninth consecutive quarter of ad revenue growth and nearing half a million subscribers, is one publisher aggressively pushing what it calls its audience-first strategy for 2023. The company is kicking off the year by cutting ties with the programmatic open marketplace, believing that a “healthier consumer subscription business will provide fertile…Read More
Netflix’s New Ad Sales Chief’s Pitch to Marketers and How the Ad Tier Will Evolve in 2023
There’s hitting the ground running, and then there’s what Jeremi Gorman had to do when she started last fall as Netflix’s president of worldwide advertising. The former Snap chief business officer was hired last August but didn’t start until much closer to when the streaming service rolled out its new ad-supported tier on Nov. 4….Read More
The Biggest Challenges Marketers Are Facing in 2023
Adweek assembled six CMOs for a roundtable to discuss their plans for driving growth amid economic headwinds. But we wanted to hear from other marketers as well about how they are approaching the new year. We talked with several marketers at Adweek’s recent NexTech event about the biggest challenges that they and their teams will…Read More
Marketers Make New Year’s Resolutions and Preview 2023’s Biggest Buzzwords
Six marketing chiefs shared insights at Adweek’s recent CMO roundtable about their plans for driving growth amid economic headwinds. Before sitting down to swap strategies, they spoke with Adweek about how they’ll be navigating the new year. CMOs Orlando Baeza (Flock Freight), Soyoung Kang (eos Products), Denise Karkos (SiriusXM), Karin Timpone (Major League Baseball), Dara…Read More
Direct Deals Grow for Marketers, but Won’t Solve All of Programmatic Ad Buying’s Ills
Four years ago, The Hershey Company, which says it spends between $350 million-$450 million annually on advertising, decided it wanted more from its digital media because the company was tired of ads running too frequently, not showing up in premium environments and–worst of all–ending up adjacent to unsavory, long-tail publishers. The solution was to buy…Read More
Marketers Could Reshuffle Priorities as Emerging Tech Hype Shifts
As economic uncertainty looms in the coming year, marketers and agency leaders may be adjusting technology priorities after a year of ups and downs. After all, 2022 started with new tech like metaverse activations, nonfungible tokens (NFTs) and cryptocurrencies at the height of their hype. But the popularity of those trends soon began to teeter…Read More
The 2023 Economy Will Test Advertisers’ Commitment to Sustainability
As 2023 kicks off, the marketing industry is on the cusp of several major tipping points that will begin to define its role in the climate crisis. Inflationary pressures are squeezing budgets. As a result, some experts report sustainability initiatives are stalled, while other industry leaders urge peers to keep climate top of mind. And…Read More
Meta Begins Rolling Out Machine Learning-Powered System to Ensure Fair Distribution of Ads
Meta said Monday that the Variance Reduction System, the machine learning-powered technology it initially discussed last June to ensure the equitable distribution of ads on its platforms, is now live for housing ads in the U.S. Vice president of civil rights and deputy general counsel Roy L. Austin Jr. said in a Newsroom post Monday…Read More