Zenith also notes that the price of media has grown faster than adspend over the last 10 years as commercial audiences shrink.
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WPP has completed the sell of 60% of its research and analytics business Kantar to Bain Capital, in a deal that is expected to return $1.2bn to WPP investors through a share repurchase programme.
McDonagh, who is set to join the publisher of the Daily Mirror and Daily Express in January, will be responsible for delivering a data and customer strategy.
Nine months after the consolidation of their global operations, Publicis Media has announced that Blue 449 will be integrated into the Spark Foundry brand in the UK from early next year.
PHD Worldwide has created two new C-suite positions, with Avril Canavan promoted to chief marketing and communications officer and Patrick Ryan promoted to chief commercial officer.
Unilever has hired company veteran Conny Braams as its chief digital and marketing officer, a role newly created as the brand looks to become “future-fit” and “fully digitised”.
In terms of scale, the site will be on a par with Britain’s current largest studios. Pinewood houses 18 stages, while Shepperton has 15.
The winners will be announced during a prestigious ceremony on 19 February 2020, held at Banking Hall in central London.
UK advertising is forecast to reach £22 billion in 2019, up from £20.5bn in 2018, according to WPP’s investment wing GroupM.
