Today's Must Read - WPP Makes Progress In 2018, But Creative And CPGs Still Cause Pain
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Today's Must Read
[WPP Makes Progress In 2018, But Creative And CPGs Still Cause Pain](
â2019 will be challenging due to the clients we lost in 2018,â CEO Mark Read told investors on the earnings call. âIt takes some time for that to cycle through.â [More.](
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News Round Up
Stankey On The Warpath
CNNâs digital business will undergo a significant overhaul under AT&T, The Wall Street Journal reports. WarnerMedia CEO John Stankey, a longtime AT&T exec who has shown himself to be a disruptive force within the companyâs newly acquired media holdings, is obsessed with mobile engagement to the exclusion of broadcast ratings. His new mandate is to have tens of millions of smartphone users engaged for an average of 10 minutes per day. And Stankey sees the Xandr advertising business playing a role as well. âHe wants to sell the ability to target individuals with certain characteristics, the way big tech competitors such as Facebook and Google do.â [More](.
Brand Lyft
Lyft spent $352 million on advertising in 2018, more than double the $169 million it spent in 2016, according to its IPO filing. Market share almost doubled during that time, from 22% to 39%. âWe believe that much of the growth in our rider base and the number of drivers on our platform is attributable to our paid marketing initiatives,â Lyft stated in its filing. Aside from brand-building, Lyft must spend heavily on performance marketing to acquire new drivers and riders. Among its list of warnings to investors, it cautioned that its âmarketing initiatives may become increasingly expensive.â About 25% of Lyftâs advertising spend was with Alphabetâs Google, which owns more than 5% of the ride-sharing startup. [Read the filing](.
Kidfluencers
Despite policies forbidding kids under 13 years old from creating profiles, YouTube and Instagram have spawned a lucrative industry for âkidfluencers.â Brands like Walmart, Staples and Mattel are shelling out big endorsement deals to toddlers and children with popular accounts (generally run by their parents). A sponsored post for identical twin toddlers with more than 2 million followers on Instagram, for example, goes for upwards of $10,000, The New York Times reports. On YouTube, it could rake in up to $50,000. Kids television programs are regulated by the FCC for product placement and promotions, but online videos are not. COPPA, the FTC-backed childrenâs online protection law, covers data and targeting but not videos of babies on social media. âThe fact that brands are using actual children as influencers is a very clear sign that theyâre targeting children that they know are on these platforms,â says Josh Golin, executive director of the Campaign for a Commercial-Free Childhood. [More](.
But Wait, Thereâs More!
- [A Look Inside The 2019 Ad Tech Outlook]( - Adweek
- [CNN Is First Media Co To Use Comscore Cross-Channel Ratings]( - release
- [Facebook Sues China-Based Companies For Creating Fake Accounts]( - Bloomberg
- [Meet Amanda Cox, Who Brings Life To Data On Our Pages]( - NYT
- [Dataxu Launches Advanced TV Marketplace]( - release
- [Ford Takes Targeted, Local Approach To Ranger Comeback]( - Ad Age
- [J2âs Vivek Shah, The CEO Quietly Presiding Over $4B Media Biz]( - Recode
- [Quantcast To Support Google Consent Management Products]( - release
- [Whatâs The Future Of The Internet](- The Information
- [Amazon To Launch New Grocery-Store Business]( - WSJ
Podcasts
[The Big Story Episode 32:]( Falling Down
[The Big Story Episode 31:]( DTC Principles Come To Big Brands
[The Big Story Episode 30:]( Is IAB DTC?
[The Big Story Episode 29:]( Blood In The Water
[The Big Story Episode 28:]( Must See TV
[The Big Story Episode 27:]( A Funny Thing Happened On The Way To France
[The Big Story Episode 26:]( This Episode Brought To You By The Letters CES And PMP
[The Big Story Episode 25:]( The Data Deluge At CES
[The Big Story Episode 24:]( All Hail 2019!
[The Big Story Episode 23:]( Closing Out The Year With OpenX And Google
[The Big Story Episode 22:]( WPPâs Big Plan
[Check out all episodes of The Big Story >>](
[AdExchanger Talks Episode 116:]( Retail Madness
[AdExchanger Talks Episode 115:]( Heat's Jocelyn Lee
[AdExchanger Talks Episode 114:]( Jivox's Diaz Nesamoney
[AdExchanger Talks Episode 113:]( Nextdoor's Lauren Nemeth
[AdExchanger Talks Episode 112:]( Conviva's Bill Demas
[AdExchanger Talks Episode 111:]( Sovrn's Walter Knapp
[AdExchanger Talks Episode 110:]( eMarketer's Lauren Fisher
[AdExchanger Talks Episode 109:]( Twitter's Matt Derella
[AdExchanger Talks Episode 108:]( Centro's Shawn Riegsecker
[AdExchanger Talks Episode 107:]( Sparrow Advisers' Ana Milicevic
[AdExchanger Talks Episode 106:]( LinkedIn's Penry Price
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[PROGRAMMATIC I/O + AdExchanger Awards](, San Francisco, April 29-30, 2019
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[Industry Preview 2020](, New York, TBD
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