Are megalithic advertising holdcos killing agencies?

It is a common practice that whenever holding companies (advertising networks) acquire they try to synergise their brands to offer consistent global solutions.

Omnicom’s global takeover of rival holdco IPG is set to shake up the industry and deep-freeze many agency brands; the global market is not large enough to support so many brands with shrinking margins and struggle with talent pools, industry insiders say.

Radio ad volumes see 2% increase in Jan-Sept 2024; LIC Housing Finance, Vimal Pan Masala leading advertisers

Radio industry requested TRAI for subsidies, minimum costs for hardware upgradation, a phased transition, and the usage of existing spectrum to also do digital in a simulcast mode.

LIC Housing Finance and Vimal Pan Masala were the leading advertisers in the January-September period of 2024, according to the TAM AdEx data.

YouTube to crack down on ‘egregious’ clickbait in India

Millions have flocked to YouTube to watch, rewatch, share and discuss their favorite ads, with Booking.com's Muppet-starring promo topping the charts for the third consecutive year with over 94 million views. (Image: Unsplash)

With plans to increase enforcement against videos ‘whose title or thumbnail promises viewers something that the video doesn’t deliver’, Google says YouTube will start by slowly rolling out its fight against clickbait in India over the coming months.

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TRAI’s latest amendments mandate affordable Voice+SMS packs

The Central Government will now review TRAI’s recommendations before finalising the regulations under the Telecommunications Act, 2023.

Under Telecom Consumer Protection Regulations, TRAI has introduced certain amendments including a separate mandate for Special Tariff Voucher (STV) for Voice & SMS to give consumers an option to pay for the services they require.

NCLAT approves Sapphire Media’s acquisition of Big 92.7 FM

Big FM's acquisition strengthens Sapphire Media's expansion efforts in the media sector.

Dismissing appeals filed by Radio Mirchi, Orange FM, and others, the National Company Law Appellate Tribunal (NCLAT) upheld the approval of Sapphire Media’s resolution plan for acquiring Big 92.7 FM.

E-comm records 141% growth in UPI transaction volume in FY24

PayNearby latest report highlighted a significant growth in cash withdrawal transactions in Northeast India, with Mizoram, Meghalaya, Nagaland, and Assam leading the way in digital financial inclusion.

PayNearby India, the branchless banking and digital network, in its latest report ‘Retail-O-Nomics’ highlighted a 33% increase in Unified Payments Interface (UPI) transactions at retail stores, underscoring the growing adoption of digital payments beyond Tier II regions in the country.

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