Publicis Media and OMG accounted for one-third of the $39 billion global media spends in 2024, according to the COMvergence report.
Category: Advertising
SEBI cracks down on Basant Maheshwari Wealth Advisers over ad code breach
A penalty of Rs 4 lakh has been imposed on Basant Maheshwari Wealth Advisers LLP by SEBI for breaching investment adviser regulations, including violations related to misleading advertising practices.
Global Ads Spotlight: Orange kicks gender bias to the curb with game-changing “WoMen’s Football” campaign
The ad went live just three weeks before the 2023 Women’s World Cup kicked off, when broadcasters were hesitating to give women’s football the airtime it deserved. Read and watch in our Global Ads Spotlight column.
EXPLAINED: What scrapping the 6% Equalisation Levy could mean for Big Tech, India, and Domestic Media
If the proposal is approved, foreign digital giants like Google and Meta who together account for nearly 65% of India’s Rs 50,000 crore digital advertising market stand to benefit indirectly, as advertisers would face lower overall costs when placing ads on their platforms.
Beyond Byju’s: Indian ed-tech players ditch glamour for smart, cost-effective advertising
India’s top edtech startups are shifting away from high-profile branding, moving past celebrities, cricket, and reality shows to embrace more cost-effective marketing strategies.
Reddit becomes a big draw for brands, cornering 10% of digital ad spends
An increasing number of brands are directing their advertising budgets to Reddit to reach its highly engaged user base. However, experts caution that Reddit users’ strong preference for anonymity often leads to boundary-pushing discussions, posing potential risks to brand reputation.
CCI to issue notices to India’s top advertisers over media transactions
As the CCI investigation unfolds, industry stakeholders are closely monitoring the potential ramifications for both traditional media agencies and digital advertising players.
Government proposes removal of 6% equalisation levy on online ads
Initially introduced under the Finance Act of 2016, the equalisation levy was applied to payments for online advertisement services and digital ad space.
ASCI report calls for responsible AI adoption in India’s evolving ad industry
The research was conducted by Parallel HQ, a design tech firm. In addition to being supported by Google and Games 24X7, the study is part of the thought leadership work at ASCI Academy which is supported by Diageo, Hindustan Unilever, Mondelez, Nestle, Cipla Health, Coca-Cola, Colgate, PepsiCo, P&G, Kenvue, Bajaj Auto, and Dream Sports.
Dark skies over IPL: Rain threatens Eden Gardens opener
The adverse weather conditions could impact outdoor events, including the much-anticipated opening match, which faces the risk of being abandoned if conditions deteriorate further.