Quantcast
Channel: Adweek Feed
Viewing all 7918 articles
Browse latest View live

An Art Director Carved the Coolest 'Stranger Things' Pumpkin You'll See This Halloween

$
0
0

Quite a few amateur costume designers have already appeared in Halloween listicles this year for costumes inspired by the supernatural Netflix smash Stranger Things.

But who thought anyone could bring The Upside Down to life ... inside a pumpkin? 

The annual carving contest held by IPG agency Jack Morton is a reliable source for All Hallow's Eve inspiration, with last year's edition ending in a tie between Kim K. and Jack Shit. This year, a team led by art director Chris Maroney wowed viewers with a two-sided squash depicting a collision between the increasingly paranoid reality of Stranger Things' Joyce Byers (Winona Ryder) with the dark universe inhabited by Eleven and her less charming acquaintances.
 

 
"Jack Morton's annual pumpkin carving competition is taken very seriously, so teams had to live up to the agency's purpose of 'Do something extraordinary,' " the shop's vp of brand marketing, Peter Sun, tells AdFreak. "The winning concept, led by our art director Chris Maroney, shows the two separate worlds from Stranger Things—the real world and the upside down—within the same pumpkin. The winning team has previously won Emmys for our broadcast set design work, so it was brilliant to see them just as determined to win this competition!" 

Now, which Jack-Morton-O-Lantern will take the cake next year? (Before you ask, "Trumpkin" was an entry last year.) 


Copywriter Behind Geico's 'Unskippable' Joins TBWA\Chiat\Day as Its Newest Creative Leader

$
0
0

TBWA\Chiat\Day has poached a veteran copywriter and co-leader of The Martin Agency's Geico account to help grow its New York creative department.

Wade Alger spent the past eight years with the Virginia agency, where he served as svp, group creative director and co-lead on Geico along with fellow group creative director Steve Bassett. His best-known work from that period is almost certainly the "Unskippable" series, which Adweek named the best campaign of 2015 for hilariously skewering the sad, neglected preroll format.

Alger begins his new role in early December. He will work alongside global head of art Erik Vervroegen, who rejoined the TBWA family in June after nearly five years as worldwide chief creative officer at Publicis Groupe. He'll report directly to global creative president Chris Garbutt.

"I have been a huge fan of Wade's work for years," said Garbutt in a statement announcing the news. "He is a gifted writer with a brilliant sense of humor who has created platform ideas that take brands from the traditional and conventional to integrated and disruptive. Not only will he bring a wealth of experience and talent to the agency, but a drive that will propel our collective forward to the iconic."

Alger's is the latest in a series of executive-level hires at the Omnicom network's Manhattan office: In addition to Vervroegen, Trish Schmitt and Ted Guidotti joined as global creative directors in February, and Nancy Reyes became general manager in April after helping launch Goodby Silverstein & Partners' now-closed New York office. The office has also won several pieces of new business over the past year, including Canadian athletic retailer Sport Chek and PepsiCo's Izze sparkling water.

While the incoming ecd spent his entire tenure at The Martin Agency working on Geico, he also contributed to such acclaimed efforts as "The World's Biggest Asshole," a heartfelt ode to organ donors for client Donate Life. His work has earned one Emmy in addition to 38 Cannes Lions and awards from every other major ad industry show.

"TBWA in New York has great momentum, and I'm very excited to be joining the team," said Alger, who will work across all accounts in the New York office. "GEICO's work has been disrupting the car insurance category for years. TBWA's drive to do the same, create disruptive and culturally relevant work for their clients, was too attractive to pass up. I can't wait to get started and hopefully add to the success of this very storied agency."

Cats Totally Destroy a Holiday Wonderland in This Raucous Ad for Temptations Treats

$
0
0

Cats on Christmas Day, capering beneath an impeccably trimmed tree among the presents, sparkly lights and festive food. Sounds cute and cuddly, right?

Nah, the aww's turn to argh's as those Santa claws and paws make with the slashing, smashing and thrashing. There's bashing and gnashing, too. Plus, plenty of crashing. And soon, the feline horde lays waste to the holiday in a holocaust of epic proportions.

Gifts are gnawed and pulled apart. Wrapping paper litters the carpet in sorry shreds. The tree topples, its broken branches trampled beneath little cat feet. It can happen, people! (Especially if you're breeding an army of cats for some reason.)

Now, wouldn't it be great if something could keep those beasts in line and curb their destructive tendencies? Temptations, the maker of delectable cat treats, believes it has the solution. Check out the video below, created by adam&eveDDB in London, for a tip on how to keep your yuletide purring along:



Like the commercial says, if you keep them busy, and "Treat them too," maybe, just maybe, the hellacious hairballs won't wreck the place.

"The internet is full of cats being cute and fluffy, but in reality cats are incredibly mischievous," client marketing director Denise Truelove tells AdFreak. "That tension led to something quite fun in this Temptations holiday video and campaign."

Staged with great energy and expert pacing by Sam Brown of Rogue Films, the holiday wonderland set took five days to build. Twenty-two cats and kittens trained for three weeks, and were filmed for three days tearing the set apart.

The cats' entrance and exit scenes proved complicated and time consuming, as the team had to create individual lanes of travel for each cat to take, says Truelove. Plus, "working with cats requires almost total silence and stillness on set while filming, so they don't get distracted," she says.

Damn shaggy divas! (Except for the freaky hairless one with the bulgy eyes, of course.)

Luckily, Brown had lots of experience setting up complex, challenging shoots."He has this weird, incredibly cool aesthetic," says agency executive creative director Rick Brim, "and he gets humor without trying to overplay it too much."

Sure, 22 cats—that's not overplaying it at all.

CREDITS
Mars Petcare U.S.
Brand: Temptations
Project name: "Keep Them Busy"
Denise Truelove – Marketing Director
Arren Beach – Brand Manager
Agency: adam&eveDDB
Chief Creative Officer: Ben Priest
Executive Creative Directors: Ben Tollett, Richard Brim
Creative Team: Alex Lucas, Jon Farley
Agency Producer: Patrick Cahill
Planner: Jessica Lovell
Managing Partner: Fiona McArthur
Account Director: Jaimee Kerr
Interactive Partner: Simon Adamson
Social Media Strategist: Jessica Taylor
Media agency: MediaCom/Starcom U.S.
Production company: Rogue Films
Executive Producer: James Howland
Producer: Jess Wylie
Director: Sam Brown
Cinematographer: Alex Barber
D.O.P: Alex Barber
Editing Company: Final Cut
Editor: James Rosen
Post Production: The Mill
Post Producer: Tom Manton
VFX Supervisor: Jonathan Westley
Colourist: Seamus O'Kane
Music Supervisor: Tom Stanford
Audio Post Production: Factory
Soundtrack name and composer: "Deck The Halls," Smith & Western Music/Sydney 

Krispy Kreme Hid Cameras in Its Donut Boxes to Film People's Unscripted Reactions to Them

$
0
0

A Krispy Kreme box has quite the Pavlovian effect on the donut-crazed populace.

This is demonstrated in novel fashion by North Carolina agency Baldwin& in its latest effort for the brand, in which it put hidden cameras inside a bunch of Krispy Kreme boxes and carted them around—to offices, elevators, a yoga class, a kids' ballet studio, a football tailgate party and more.

The reactions, compiled into 30- and 60-second videos, are uniformly positive, to say the least, and range from wide eyes to arched eyebrows to one kid's ebullient "Yesss!"—which happens to be the only dialogue in the spot. There are a bunch of fun GIFs, too.



"The Effect Is Real" campaign targets adults 18–44, past QSR purchasers and location-based mobile and desktop within 10 miles of Krispy Kreme stores. Additional paid social advertising will run on YouTube, Twitter and Facebook.



CREDITS

Client: Krispy Kreme
Client Creative Leaders: Jackie Woodward, Alison Holder, Martin Davidson, Stephanie Nelson, Kelley O'Brien

Agency: Baldwin&
ECDs: David Baldwin, Bob Ranew
CD/AD/Dir.: Dino Valentini
CD/CW: Lisa Shimotakahara
Editor: Lisa Olshanski
Agency Producer: Liz Stovall
Dir. Account Management: Jerry Bodrie
Account Director: Grace Tarrant
Media Director: David Dykes
Digital Media Strategist: Holly Sigler

Production Co/Post.: &Also, Raleigh
D.P.: Harvey Robinson

Sound: Acoustech, Atlanta
Engineer: Gopal Swamy
Production Coordinator: Olivia Griego Martin

Music (needledrop): Tumbleweed Wanderers 

Jeff Goodby, Famous for Milk, Is Hitting the Harder Stuff With His Own Tequila Brand

$
0
0

Tienes tequila?

Jeff Goodby may be best known as the guy who dreamed up "Got milk?"—one of the truly legendary advertising taglines of all time. But lately he's been obsessed with a very different kind of beverage.

For the past few years, the Goodby Silverstein & Partners co-founder has been helping to produce, design, brand and market a high-end Mexican tequila called Tears of Llorona—a side business completely separate from his work at his San Francisco agency. 

Goodby got into the liquor business with his old advertising partner Andy Berlin, who was also a co-founder of what was originally Goodby, Berlin & Silverstein (and later a co-founder of Berlin Cameron). At first they were interested in making a rum. But then a mutual friend, Martin Pazzani, introduced them to Germán Gonzalez—a master tequila distiller in Mexico and a direct descendant of Gen. Manuel Gonzalez, the country's president from 1880 to 1884.

Jeff Goodby

Gonzalez, already a renowned figure in the tequila business, had just created a new ultra-exclusive "extra añejo" tequila, which is aged five years. Goodby and Berlin were intrigued, though at first, Gonzalez wasn't planning to sell the stuff at all. 

"He said 'I'm not going to sell this. I don't have that much of it,'" Goodby recalls. "And we said, 'That's actually cool, not to have enough of it. People might find that interesting.'"

Soon, they were in business together. The partners include Gonzalez, Goodby, Berlin, Pazzani, Goodby's brother Scott (a onetime top executive at Liberty Mutual) and Larry Siskind (a college friend who was on the Harvard Lampoon with Goodby in the '70s). 

Goodby and Berlin's main job, unsurprisingly, is the branding and marketing. Among other tasks, they had to name the product, design the bottle and steer the advertising. 

A haunting name, a hand-written bottle
The name came fairly quickly. Goodby and Berlin were aware of the legend of La Llorona. In Latin American folklore, she is the ghost of a woman who had drowned her children as revenge after her husband left her for a younger woman—and who is forced to wander the earth weeping. 

"She's a little spooky, and she cries looking for her children," Goodby says.

Designing the bottle was trickier.

"I got a designer friend involved, and the things he was cranking out were really gorgeous, and expensive to make," says Goodby. "We did a little focus group where people said it looked like a high-end tequila. But it didn't somehow capture the handmade quality of the thing." 

Around this time, Goodby happened to go to Auction Napa Valley, a celebrated wine event. On the winning bottle, "a guy had actually taken what looked to be one of those silver Magic Markers and had written his name on the bottle," Goodby recalls. "And I thought, 'That looks great!' "

Instead of a really ornate bottle, Goodby and Berlin chose an almost off-the-shelf bottle and just put some interesting handwriting on it. Goodby wrote a little story about tequila, which appears in English on one side of the bottle and in Spanish on the other side. Berlin did the actual handwriting in his distinctive scrawl. 

"It looks very handmade," Goodby says. "Compared to the really beautifully designed ones, this one just killed. It was much more interesting to people."

From there, it was a matter of distribution and marketing.

"We've learned to make the bottles in Mexico. We have our own casting of the bottle," Goodby says. "We've learned how to get the bottle printed and silkscreened in Mexico, and then filled and sent across the border. There's a lot that goes into a little thing like this." 

Balancing connoisseurs and consumers
In terms of marketing, the brand leans heavily into social media. It's a sipping tequila, and a very expensive one at that—a one-liter bottle goes for $225 on Caskers.com. ("It's not that stuff that makes your head slap back when you drink it," Goodby says with a laugh.) And so, they promote it by building excitement among tequila aficionados in social, with almost no paid media. 

"We've done little promotional things," Goodby says. "We sent Donald Trump a bottle after he said he wanted to build a wall in Mexico. And we had Germán say, 'Mr. Trump, I think I have a little something that will change your mind about Mexico.' We had fun with that. People went back and forth and talked about it." 

The marketing challenge is to move beyond the aficionados. But that's easier said than done, and keeping the core fans happy is job one. 

"This is never going to be Jose Cuervo," Goodby says. "Social media is so important to this kind of thing—to make Germán into a known commodity. People follow him and know him in the inner circles of tequila. He's like a music composer and people are looking for his next album, and this is it."

A simple social post can draw incredible attention to even the smallest of brand moves. 

"We have a couple pallets of tequila coming across the border right now," Goodby says. "And we'll put a picture of that online, and people will be like, 'Oh my god.' "

Goodby has even indulged the obsessiveness of the fans with Easter eggs on the packaging.

"People notice little changes on the label that indicate that it's a new barreling—we're on our third barreling of it," he says. "This sounds really nerdy, but I've changed the little icon on the label each time to indicate that it's a new barreling. There was a star, and I made it into a pineapple. And people notice those things, and they go, 'Have you tasted the pineapple barreling yet?' It's crazy."

What creatives learn by becoming the client
The whole experience has been fun and interesting, Goodby says, and healthy creatively to pursue something outside of advertising for a change. 

"It's liberating and good for your creative head to have something else to think about as you're falling asleep at night," he says. "But the really important thing is that it makes you draw in artistic impulses from other places. I always think advertising people look to other advertising for their inspiration way too often. Rich [Silverstein] and I really try hard to look in places other than advertising—in film, in magazines, in news, in popular culture." 

Along with forcing you to seek new inspiration, any entrepreneurial venture is valuable in another way, too: "It makes you understand what it feels like to be on the other side of the desk—to be a client," says Goodby. "And that's good, because as advertising people, we can get pretty bratty about stuff and forget that other people have a lot of skin in the game, too." 

GS&P doesn't actually have a liquor client at the moment, but Tears of Llorona is pretty good practice for if and when they do. (Goodby says he can't imagine his involvement in such a "dinky" luxury brand would be seen as a conflict by any of the major liquor marketers, hardly any of whom deal in such ultra-high-end stuff.) 

For those of you who want to try Tears of Llorona but don't have $225 lying around, you may be in luck. The brand just made a smaller bottle it will be importing soon that will be less expensive. Says Goodby: "It's funny how much excitement there is about having a product that's finally under $100."

Goodby himself will always have a soft spot for milk, of course. But as he rightly points out, "tequila goes a lot better with cigars." 

R/GA's First Global Talent Chief Faces an Industry at a 'Tipping Point' for Diversity

$
0
0

Like so many businesses adapting to a new economy, R/GA wants to expand beyond digital marketing and into consulting, startups and "connected spaces," or modern office design. In keeping with that goal, the agency recently ventured outside the world of advertising to find its first global chief talent officer.

Andre Chambers joins the IPG company this week at its headquarters in New York after serving as director of global talent acquisition and recruiting at Bay Area gaming giant EA and previously leading Microsoft's talent management efforts in London, Latin America and the Caribbean. In the newly-created role, he will report directly to founder, CEO and chairman Bob Greenberg while focusing on the R/GA network's talent planning and retention efforts and leading its diversity and inclusion programs across 15 offices around the world.

Chambers arrives at what he describes as a "tipping point" for an industry still struggling to diversify. Verizon, HP and General Mills recently made headlines for either strongly encouraging or requiring their present and future agency partners to fulfill a series of staffing quotas or suggestions focused on increasing the number of women and people of color on their respective teams. Chambers sees this trend as a sign that the industry must address these challenges more aggressively.

"I applaud the clients pushing [diversity initiatives]," Chambers said this week, "but in many ways I'm disappointed that it took them to get the industry to do it versus proactively doing it ourselves."

"[Diversity] is a personal passion of mine, and I think the challenges facing the tech, gaming and ad industries have been well-documented," he added. "I think it's interesting that there are a lot of conversations around the topic, but for me it's more about starting a dialogue about what we're doing versus discussing philosophies that make for great quotes."

Chambers said, "It's all about the impact: What's working? How are we experimenting versus just spouting things and making assumptions?"

When asked which approaches worked during his time in the tech and gaming industries, he said, "One key is making sure it's coming from the organization's leaders and having them be personally involved. Another important piece is making sure this isn't something developed separately from business and talent plans; it should be integrated." He added, "If you're serious about making progress, you need to measure and monitor it ... [for example], what do promotion, retention and attrition rates look like for minority employees?"

"Frankly, in many ways creative agencies—[along with] entertainment, media and tech companies—are best positioned to take advantages of increasing diversity and inclusion," he said. "I believe significant business opportunities exist for the companies that get it right."

Greenberg effectively mirrored these sentiments in a statement on the hire. "Talent has always been at the center of everything we do, but as we've expanded our core offering to include consulting, start-up accelerators and connected spaces, it has become more important than ever," he said. "The experience Andre brings from the gaming industry and multinational technology companies will be invaluable as we compete for best-in-class creative, technology and strategic talent across the globe."

As a newcomer, Chambers will spend the first few weeks in his job growing more familiar with both the R/GA organization and the ad industry at large. He said the prospect of working directly with Greenberg played a large role in convincing him to accept the position, adding, "R/GA's business knowledge is very unique, and as they pivot into different spaces, they will attract different kinds of talent."

"At the end of the day for me," he said, "the key is to ensure that you're engaging with these strategies in the hope that your employee base will mirror your consumer base."

Chambers holds a B.S. from SUNY Fredonia and an M.S. from Clarkson University; he also attended London Business School's Executive Development program.

Ad of the Day: This Powerful Campaign Has Answers for Parents Googling 'Down Syndrome'

$
0
0

A powerful new Canadian ad campaign presents the most commonly Googled questions about Down syndrome—and has people living with Down syndrome answer them in a collection of some 40 videos.

Titled "Down Syndrome Answers," the series covers everything from physical and intellectual development to the cause of the condition and life expectancy of those who have it.

Overall, the clips proceed to explain—and illustrate—how people with Down syndrome can ride bicycles, read, play sports, hold down a job, cook, drive and do much more—even if those things might, in some cases, take longer to learn.

The nonprofit Canadian Down Syndrome Society created the ads with agency FCB Canada largely to help parents who are seeking information after learning their unborn child has been diagnosed with the genetic anomaly. Naturally, the clips will pop up whenever someone Googles those questions.



Even for viewers who aren't expecting a child with Down syndrome—or in the terrible position of weighing whether or not to continue a pregnancy on account of it—the videos are more than worth the few minutes it takes to browse through them. They offer a simple, humanizing and often heartwarming window into a population that's largely underrepresented in mass media, and often misunderstood.

This week is Canadian Down Syndrome Awareness Week. One in 781 children born in Canada have Down syndrome. One in 691 children born in the U.S. have it. Most cases are caused by an extra chromosome in the 21st pair of the DNA sequence, originating in an abnormal cell division in an egg or sperm before or during the early stages of fetal development. It is not inherited, and cannot be cured, but speech and physical therapy can help with developmental disabilities.

"The majority of prospective parents know very little about Down syndrome," says Kirk Crowther, national executive director at the Canadian Down Syndrome Society. "Doctors do their best, and there are lots of websites offering the medical perspective, but they typically use very clinical terms that don't capture the emotional and human side of the Down syndrome story. We wanted to change that with 'Down Syndrome Answers.' "



Adds Nancy Crimi-Lamanna, chief creative officer at FCB Canada, "When parents get a diagnosis, they always have questions even after speaking with their doctor. At that point, they inevitably turn to Google looking for answers. When we met with CDSS, we realized that people with Down syndrome are most qualified to provide those answers, but without a good search strategy, there's no guarantee people will find them."

Continues Jeff Hilts, also chief creative officer at the agency: "Just by casting real people with Down syndrome, we start to dispel some misconceptions about the developmental disability. But what will really make this campaign effective is ensuring people find the videos first when they turn to Google looking for answers."



CREDITS

Client: Canadian Down Syndrome Society
National Executive Director: Kirk Crowther
Treasurer: Ed Casagrande
Board member: Ben Tarr
Communications Manager: Kaitlyn Pecson

Agency: FCB Canada
CEO: Tyler Turnbull
Chief Creative Officer: Jon Flannery
Chief Creative Officer: Jeff Hilts
Chief Creative Officer: Nancy Crimi-Lamanna
ACD, Art Director: Simon Tuplin
ACD, Copywriter: Pete Gardiner
Producer: Judy Hamilton
Editor: David Rodriguez
Group Account Director: Anabella Mandel
Account Manager: Joline Christiani
Senior Strategist: Eryn LeMesurier
Digital Strategist: Shelagh Hartford

Production:
Director: Elias Campbell
Director of Photography: Stephen McLouglin
Casting: Shasta Lutz, Jigsaw Casting

Erin Johnson Is Returning to JWT 8 Months After Discrimination Suit Against the Agency

$
0
0

Erin Johnson, the JWT global communications officer who made headlines around the world in March when she filed a lawsuit against her employer and her now-former boss, Gustavo Martinez, will be returning to her job at JWT in Manhattan on Wednesday.

The news comes from an internal all-staff email from global chairman and CEO Tamara Ingram, who replaced Martinez about a week after Johnson's suit went public nearly eight months ago.

The suit, filed in Manhattan federal court by the law firm of Vladeck, Raskin & Clark, accused Martinez of making it "impossible for [Johnson] to do her job" because of his "apparent comfort in making racist and sexist slurs, even on tape." The specifics of the case claimed that Martinez regularly made offensive statements about women, Jews and people of color and repeatedly joked about sexual assault. WPP initially stood by Martinez, who issued a statement calling Johnson's claims "outlandish" but resigned the following week.

Martinez earned more negative press the month after his departure, when Johnson's lawyers released a tape of him speaking to attendees at a 2015 client gathering at a Miami hotel. On the tape, Martinez can be heard joking about fears that he would be "raped ... and not in the nice way."

Spokespeople for JWT and WPP declined to comment on news of Johnson's return, as did Vladeck, Raskin & Clark. Sources close to the matter told Adweek that Johnson will retain her title, that she will report directly to Ingram as noted in the email, and that her responsibilities will be sorted out in the coming weeks.

Johnson's suit, which named both the JWT organization and Martinez as defendants, has yet to be resolved. The most recent document filed was an Oct. 14 letter from Davis & Gilbert, the firm representing Martinez, to Judge Paul Oetken in which partner Howard Rubin urged him to dismiss the case.

The last statement from the WPP organization on Martinez came in response to August rumors that he would be running a European unit dedicated to JWT client Nestle. At the time, a holding company spokesperson denied the claim and wrote, "Gustavo Martinez and his family have left the United States and moved back to Barcelona. Pending the result of the court case he is working on projects in Spain and Latin America."

Martinez remains an employee of WPP.


How Do You Promote an Indestructible Lawn Mower? With a Press Release Made of Steel

$
0
0

We've seen a lot of intentionallysillypress releases over the years. But this one, sent out by Colle+McVoy for client Cub Cadet, is not kidding around.

The Minneapolis agency recently helped the industrial brand launch a new line of Cub Cadet PRO Z commercial riding mowers. These are seriously badass machines. They have the only Triple 7-gauge steel deck on the market—the thickest, strongest steel deck in the industry. Landscapers apparently love the stuff, as it lets them clear rugged ground without worrying about destroying the mower.

So, what kind of press release does such a Terminator-style mower deserve? One that's also made out of Triple 7-gauge steel, of course.

You can see more photos of the thing below, which was sent to consumer and trade media. It weighs 14 pounds, 13 ounces, the agency tells us. It's the standard 8.5-by-11 inches, but its 0.625-inch thickness is impressive. 

Oh, and this "press release on steroids" was also shipped in a custom crate with a crowbar. Because you can always use an extra crowbar.



CREDITS
Client – Cub Cadet
Agency – Colle+McVoy
Rolled steel press release – Cub Cadet
Crate - Woodchuck

A California State Senate Candidate Made the Year's Most Star-Studded, '80s-Dance-Themed Campaign Ad

$
0
0

Down-ballot races have been contentious this political season, as none of the contenders really know how the bitterly contested presidential race will affect them. So candidates are getting creative. And for us, that means better than average political ads. 

The millennial-pleasing, '80s homage below is my favorite dance-based political promotion of the season. It stars Bay Area legends Joe Montana, MC Hammer and Ronnie Lott, as well Jaleel White (aka Urkel) and former Congressman Barney Frank jamming out to a cover of the Huey Lewis and News track "Hip to Be Square." All in an attempt to elect Democrat Scott Wiener, a candidate for California State Senate. 

Portal A, the agency behind the video, has practically cornered the market on fun, celebrity-filled dance videos shot in multiple locations with MC Hammer. That's why they keep getting tapped for YouTube's annual Rewind video. But my heart has always had a unique appreciation for low-budget versions of the art form. There's something innately human about barely recognizing a celebrity as they dance poorly but excitedly in front of a green screen to a bad song cover.



Let's also take a moment to appreciate this political ad as the sort of thing that could only run in California, in this day and age. Not only is it set in a gay household with two great gay dads, but the candidate, Mr. Wiener, appears at 1:22 wearing a leather vest and tie, presumably attending "the grand daddy of all leather events," the San Francisco Folsom Street Fair, as leather pride flags wave behind him. The fact that it's cool to be this openly gay in a political ad is pretty rad.

Speaking of totally radical things, you can also tell the producers have been watching Stranger Things and really wanted to try out their '80s costuming skills, popping backwards caps and jean jackets on the kids, grabbing their best Cosby sweaters for the two dads, and outfitting the sax player in aerobics sweatbands.

Altogether, it signals a strange new world for political promotion videos, where it's no longer enough to invite the cameras into your house and put on a flag pin. Standing out is the new fitting in when it comes to political ads. And we have actual agencies like Portal A to thank for helping move the genre from a nod-off to a dance-off.

In Surprise Move, WPP Names a New Global CEO at Media Agency MEC

$
0
0

Today WPP named Tim Castree as global chief executive officer of MEC, the media agency that is a key part of WPP's media investment unit GroupM.

The move came as a surprise to some observers as current CEO Charles Courtier announced plans to resign from his position after more than 14 years with the MEC network in order to "focus on interests outside the company."

The transition will become official as of January 2017, with Courtier remaining in an unspecified role at WPP through the middle of next year. In the new position, Castree will report directly to GroupM global CEO Kelly Clark in New York and oversee MEC's 5,000 employees in 93 countries.

"I am immensely proud of what we've achieved at MEC and honored to have worked with such unique people at such a genuinely special agency," said Courtier in a statement. "However, it is the right time for me to move on and start a second life."

Global GroupM chairman Irwin Gotlieb said, "Charles was instrumental in MEC's global expansion; he leaves MEC with a strong culture focused on delivering client growth and a long run among the top five agencies in the world."

In a statement, Clark called Castree "a proven leader who will bring vision and energy to MEC," adding, "his broad range of client, agency and geographic experiences will help the MEC team continue to grow."

Castree had spent much of his career with Publicis Groupe as CEO of Leo Burnett Australia and chief operating officer at MediaVest in the U.S. before leaving to serve as managing director of programmatic ad-tech platform Videology in 2014. Videology has a well-established relationship with WPP, and in 2013, Digiday reported that the firm had allowed GroupM (which also has a financial investment in the company) to trade equity for media spending along with other agency partners.

MEC currently manages more than $25 billion in annual spending, but it has lost some significant pieces of business in recent months. The most prominent being AT&T's $2 billion North American media account, which went to Hearts & Science when the telecommunications giant consolidated its marketing portfolio with Omnicom in August after completing the long-planned $50 billion acquisition of DirecTV.

Ad of the Day: BBH Gets Nostalgic for Macy's in Salute to the Thanksgiving Day Parade

$
0
0

Like most of its brick-and-mortar brethren, Macy's has struggled to keep pace in the era of e-commerce, suffering sales slumps that have forced the iconic chain to shutter many of its stores. And the year-end gifting season, which traditionally has given retailers a boost, was a huge bust for Macy's in 2015.

Can advertising spark consumer interest in spending some bucks at Macy's over the coming weeks? How about advertising that leverages Macy's place in popular culture by celebrating the 90th anniversary of its Thanksgiving Day Parade, televised on NBC since 1952?

BBH New York floats just such a concept in "Old Friends," a 90-second film about a very unusual relationship.

The spot opens in presumably pre-World War II Manhattan. A giant, smiley Santa Claus balloon winks down at a little rascal who's attending the parade with his parents. Through the decades that follow, leading up to present times, the lad returns to the event as he ages, renewing his acquaintance with Big Santa.

Until one year, the guy doesn't show, and the balloon breaks free of its tethers and flies off in search of its human friend.



Whoa! Huge Helium Santa, please don't ever show up suddenly at our window like that. You'll give us a heart attack!

"Everyone loves the Macy's Thanksgiving Day Parade," says BBH creative director Hemant Anant Jain. "It has been an enduring part of American culture and memory for a long time now. So, to celebrate its 90th anniversary, we wrote a fable that tries to capture the magic of the parade and what it has meant to people over all these years."

On one hand, the spot—directed with great élan and a potent sense of nostalgia, and sans dialogue, by Noam Murro—accomplishes that mission. It tugs at the heartstrings and will surely remind some folks of their own Turkey Day associations with the parade and, by extension, its corporate sponsor.

That said, there's a certain wistful quality that cuts a tad too close to home.

We wish a new fresh-faced lad (or lass) had ultimately shown up with the guy on the parade route. Then, we'd have a grandfather passing down a beloved tradition to the next generation.

As it stands, the story feels rooted in the rituals of the past. The balloon's journey to seek out its old friend—while touching—could make the brand seem adrift, pining for a bygone era, buffeted by the winds of change.

Mostly, and despite the best intentions, the spot reminds us that no tradition lasts forever. That goes for parades—and one day, perhaps, shopping at department stores.

CREDITS
Client: Macy's

Agency: BBH New York
BBH Creative Chairman: John Patroulis
BBH Chief Creative Officer: Ari Weiss 
BBH Copywriter/Creative Director: Hemant Anant Jain
BBH Creative Director: Shannon McGlothin
BBH Head of Content Production: Kate Morrison   
BBH Executive Content Producer: Abbie Noon
BBH Head of Business Affairs: Sean McGee
BBH Global Chief Strategy Officer: Sarah Watson
BBH Group Strategy Director: Samantha Cescau
BBH Global Business Director: Jill Cavanagh
BBH Account Director: Jennifer Sunberg

Film Credits
Production Company: Biscuit Filmworks
Director: Noam Murro
DP: Simon Duggan
Executive Producer: Rick Jarjoura
Producer: Charlotte Woodhead
Head of Production: Shawn Lacy

Postproduction
Editing House: Work Editorial
Executive Producer: Erica Thompson
Producer: Sari Resnick
Editor: Stewart Reeves
Editor Assistant: Adam Witten

Sound Design: Henry Boy

Sound Mixing: Sound Lounge
Engineer: Tom Jucarone

Music Company: Woodwork Music
Composer: Philip Kay
Music Producer: Andy Oskwarek

VFX House: MPC NY
Managing Director: Justin Bruckman
Executive Producer: Camila De Biaggi
Senior Producer: Brendan Kahn
VFX Supervisor: Ashley Bernes
2D Lead Artist: Amanda Amalfi
3D Lead Artist: Andrew Cohen
Colorist: Mark Gethin

Apple Brings the iPhone 7 to Game 7, Springing for a Slot on the World Series Finale

$
0
0

We don't know whether the Chicago Cubs or the Cleveland Indians will emerge victorious in tonight's historic World Series Game 7. But we can predict one winner in advance—the bronzed bloke from Apple's latest iPhone 7 commercial, set to air on the telecast. 

He's a bit like the Southern Comfort guy—if he got himself together and took an interest in sports instead of just slumming on the beach. He has a similar tan and wordless swagger, as he sets up his iPhone 7 to play some epic trumpet music ("La Virgen de la Macarena") and ascends a diving platform for a display of manly (and a little goofy) performance.

Check out the spot here:



As you can see, the spot promotes another specific iPhone 7 product feature, the stereo speakers—following previous "Practically Magic" ads touting the device's improved camera to shoot in low light; its water resistance; and its expressive messaging options.

The spot will break Wednesday on TV during Fox's telecast of Game 7 of the World Series. Ad slots on Game 7 are said to be going for some $500,000 for 30 seconds—a hefty price, particularly if you've got a :60. 

Here's the Lovely Salute to the Cubs That Nike Aired After the Final Out of the World Series

$
0
0

Timing is everything. It was true early Thursday morning for the Chicago Cubs, who are World Series champions after 108 years of futility. And it was true for Nike, which used the first ad slot after the final out of Game 7 to air the spot below from Wieden + Kennedy—a lovely, quiet salute to the positive spirit of the team during its 2016 playoff run.



Nike has been rallying the city of Chicago all week long with a "Make Someday Today" campaign featuring "living" out-of-home ads, including billboards that reacted to actual game action. Kudos to W+K and Nike for a great merging of creative and media celebrating a historic moment in sports.

In some ways, the spot echoes the "Worth the Wait" ad that Nike made when the Cleveland Cavaliers won the NBA title in June. You have to wonder what the Indians spot looked like that Nike surely made for tonight, too.

CREDITS
Client: Nike

Agency: Wieden + Kennedy, Portland, Ore.
North America Creative Directors: Antony Goldstein, Chris Groom, Stuart Brown
Copywriter: Nick Morrissey
Art Director: Jon Kubik 
Director of Integrated Production: Matt Hunnicutt
Senior Integrated Producer: Molly Tait Tanen
Integrated Producer: Mauricio Granado
Digital Producer: Keith Rice
Art Production: Krystle Mortimore
Project Management: Andrea Nelsen
Studio Design Manager: Matt Blum
Studio Designer: Randall Garcia
Strategic Planning: Andy Lindblade, Reid Schilperoort, Zack Kaplan, Tom Suharto
Media, Communications Planning: Danny Sheniak, Reme DeBisschop, Alex Dobson, Emily Graham, Anthony Holton
Account Team: Chris Willingham, Alyssa Ramsey, Hannah Hewitt, Corey Woodson, Tobin Kittoe, Carlyle Williamson
Business Affairs: Dusty Slowik, Brian Cook
Broadcast Traffic: Andrea Sierra, Stephanie Goodell.

Production Companies: Somesuch; Anonymous Content
Director: Daniel Wolfe
Executive Producers: Eric Stern (Anonymous Content); Tim Nash, Sally Campbell (Somesuch)
Line Producer: Natalie Jacobson
Director of Photography: Tom Townend
Production Designer: Andrew Clark

Editorial Companies: Joint; Trim
Editors: Peter Wiedensmith, Tom Lindsay
Assistant Editors: Kevin Alfoldy, J.B. Jacobs
Post Producer: Catherine Liu
Executive Post Producer: Leslie Carthy

Visual Effects Company: Joint
2-D Artists: Katrina Slicrup, Robert Murdock
Executive Producer: Alex Thiesen
Producers: Rebekah Koerbel, Nathanael Horton
Colorist: David Jahns
Color Producers: Rebekah Koerbel, Nathanael Horton

Music, Sound, Mix Company: Joint
Audio Mixer: Noah Woodburn
Executive Producer: Natalie Huizenga
Producer: Sara Fink
Sound Designer: Noah Woodburn
Song: Willie Nelson, "Funny How Time Slips Away"

 

ESPN Honored the Cubs' Win With One of the Better 'This Is SportsCenter' Ads in a While

$
0
0

It seems Wieden + Kennedy was pretty busy in the lead-up to the World Series.

The agency's Portland, Ore., office created this lovely Cubs tribute on behalf of Nike that aired on Fox right after the final out on Game 7. And now here is a new SportsCenter ad from W+K New York that ran on ESPN (and was posted to Twitter) shortly after the game ended as well.

It's classic "This Is SportsCenter" advertising—wordless and hilarious, with just the right twist at the end that elevates it to something charmingly clever, a tribute with a wink. 

As with the Nike ad, you have to wonder what the other version looked like—the one that would have aired had the Indians won the Series. But there's something about erasing a triple-digit number off that whiteboard that just feels right.

CREDITS
Client: ESPN

Agency: Wieden + Kennedy, New York
Executive Creative Director: Karl Lieberman
Creative Directors: Brandon Henderson, Erwin Federizo
Creative: Will Binder
Producer: Alexey Novikov
Head of Integrated Production: Nick Setounski
Executive Producer: Temma Shoaf
Account Team: Mike Welch, Matt Angrisani
Project Management: Kristin Daly

Production Company: O Positive
Director: David Shane
Executive Producer: Marc Grill
Producer: Ken Licata Jr.
Director of Photography: Dave Morabito

Editorial Company: Mackcut
Editor: Nick Divers
Assistant Editor: Zachary Antell
Post Producer: Sabina-Elease Utley

VFX Company: Schmigital
Lead Flame Artist: Jim Hayhow
Assist: Joseph Miller

Mix Company: Mackcut
Sound Designer & Mixer: Sam Shaffer


Ad of the Day: This Insufferable Wine Maker Just Made an Ad That's Totally Beneath Him

$
0
0

Charles Faircloth doesn't give a crap about the world. He's busy indulging in all the obscenely frivolous pursuits of any ultra-rich wine maker. But he's fine if you want to help make the world a better place. 

Ad agency Erich & Kallman is out with a new spot for OneHope wines, a brand that gives a portion of all its sales to charitable causes. (It's donated more than $2 million in all, providing clinical trials for cancer patients, homes for shelter animals, meals for children, life-saving vaccines and more.) And to promote this most generous company, it found the least generous spokesman of all.

Faircloth, the insufferable owner of fictional Faircloth Wines, gives an amusing spiel about all his spoiled-rich-boy interests—before finally, reluctantly, getting to the pitch at hand: 



The spot was directed by Aaron Stoller of Biscuit Filmworks. Agency creative director Eric Kallman tells Adweek that the team was originally thinking that the Faircloth character should be played by a middle-aged or older actor. 

"But we decided to cast a wide net and see what we were able to find," Kallman says. "It turns out the talent we discovered made the idea not only funnier and less expected, but the idea hit harder. A spoiled rich kid is even more easy to hate then a rich old man."

As you can see, the first half of the video was shot in a single take. "But the script was even longer than what you see in the final video," Kallman says. "We ended up cutting it down in the edit to what we think makes for the most entertaining video possible."

Kallman credits the team at OneHope for embracing the somewhat risky concept.

"They were eager to make the campaign as breakthrough and sharable as possible," he says. "It was especially cool that OneHope was up for having fun with the stereotype of a rich winery owner, considering the great work they do is through partnerships with a number of the most successful wineries in the world."

OneHope also made a Faithcloth page on its website with some amusing wines for sale.

CREDITS
Client: OneHope
Agency: Erich & Kallman
Creative Director: Eric Kallman
Managing Director: Steve Erich
Head of Accounts: Kate Higgins
Producer: Jill Garrison
Production Company: Biscuit Filmworks
Director: Aaron Stoller
Managing Director: Shawn Lacy
Executive Producer: Holly Vega
Producer: Peter Owen
Head of Production: Rachel Glaub
Director of Photography: Bryan Newman
Editorial Company: Arcade
Editor: Jeff Ferruzzo
Producer: Gavin Carroll
Graphics: Central Office
Designer: Max Erdenberger
Original Music and and Mix: Barking Owl
Creative Director/EP: Kelly Bayett
Composer: Houston Fry
Mixer: Patrick Navarre
Color: Company 3
Colorist: Sofie Borup

Motorola Brings Back 'Hello Moto,' Takes Shots at the iPhone in First TV Ad Since 2011

$
0
0

Apple's latest iPhone rollout wasn't a game changer. Samsung's was a disaster. That leaves room for another phone maker to swoop in and claim its device is the future of mobile. And that's exactly what Moto is looking to do with its first television commercial since 2011. 

The new work, from Ogilvy & Mather, plays off the lack of enthusiasm and innovation in the mobile phone market this year. The 60-second spot uses a bold color palate to get the viewer to see Moto as the solution to that drudgery. 

"During a time where our competitors have only been introducing incremental changes to the mobile industry, the Moto Z family and Moto Mods are the first real change the industry has seen in years," Jan Huckfeldt, Motorola's CMO, said in a statement.

He added: "The goal of the 'Hello Moto' campaign is to elevate Moto brand awareness by reminding consumers of the nostalgic 'Hello Moto' sound of the Razr and drive more pervasive change in how consumers think about—and demand—mobile innovation." 



While the hyperbole is a bit much—yeah, rose gold isn't an idea, but it's real pretty—the effort is fun and cute and reminds viewers that there are other options.

CREDITS
Client: Motorola
Jan Huckfeldt, Vice President of Marketing & CMO
Quinn O'Brien, Vice President, Worldwide Brand-Lenovo
Jo Moore, Worldwide Executive Brand Director
Philip Marchington, Executive Creative Director, Worldwide Marketing

Agency: Ogilvy NY
Creative:
Ryan Blank, Executive Creative Director
Mike Hahn, Executive Creative Director
Kevin Reilly, Senior Art Director
Ian Going, Senior Copywriter

Account:
Sandeep Vasudevan, Managing Director, Worldwide
Corinne Lowry, Managing Director
Laura Kanfer, Executive Group Director
Emily Maier, Management Supervisor
Melanie Greenblatt, Account Executive
Sydney Sadler, Assistant Account Executive

Strategy:
Ashley Wood, Global Consulting Partner
Kenan Ali, Planning Director

Production:
Eric Soloway, Executive Producer

Music:
Karl Westman, Director of Music
Sean Tuccillo, Music Production Coordinator

Production Company: Raucous
Ben Callner, Director
Steve Wi, Executive Producer
Phyllis Koenig, Executive Producer
Anne Vega, Head of Production
Adam Callner, Line Producer

Production Facility: 24/7

Gordon Mackinnon, Executive Producer
Sol Jonas, Producer
Chio del Olmo, Production Manager

Editorial Company: Ogilvy/H&O Productions NY
Maxim Bohichik, Editor

Moto Z + Moto Mods Influencer Program:
PR Agency: Weber Shandwick
Content Studio + Production Company: Portal A
Creative Director: Kai Hasson
Producer: Elyse Preiss
Editor: Arturo Morales

Can Spice Maker McCormick Recreate a Lost Family Recipe? R/GA Finds Out This Holiday

$
0
0

For some folks, it's just not Christmas without Julekake. 

But, what if Grandma's special recipe for this sweet and savory seasonal bread from Norway has gotten lost in the mists of time, and your best efforts to replicate that particular flavor, texture and aroma don't quite rise to the occasion? 

In the nearly four-minute film below, Kristian Rex finds himself in this very predicament. Well into middle age, he fondly recalls the yuletide treat, but hasn't been able to savor a slice of proper Julekake—the kind his grandma used to make—since he was a boy. 

Luckily, his daughter Faye, spice maker McCormick & Co., and ad agency R/GA make the scene. They arrange for a visit from New York chef Daniel Holzman, who rattles the pots and pans in a heroic attempt to delight Kristian's tastebuds with a Sandinavian blast from the past. 

Will they send Kristian's palate on a sentimental journey of epic proportions? Check out the clip for the solution to this kitchen conundrum:



Cardamom, of course! That's what the mixture needed. It seems so obvious now.

Because this is a feel-good holiday campaign, a happy resolution was never really in doubt. (And it seems Kristian could've just experimented with recipes until he found one to his taste, instead of waiting 40 years for a celebrity chef to show up and figure it out, but whatever.)

"We were inspired by a bit of science," R/GA executive strategy director Jaime Klein Daley tells AdFreak. "It's a fact that smell is the main sense that directly links emotion and memory. That's why certain aromas can evoke a memory of decades past, and why our food rituals at holiday time are so important to us."

Like most good longish-form branded content, there's no overt sales hook. And spices are essential to the narrative, so the whole setup makes sense for McCormick.

"Many people have their own lost family recipe, so despite our primary audience being millennials, we felt many generations would connect with the idea of a lost recipe, from Gen-Z'ers to baby boomers," says R/GA associate creative director Troy Leyenaar. (Indeed, McCormick is inviting customers to share their own such experiences via social.)

As for the film, Holzman's role is crucial, Leyenaar says, "since we needed someone who'd be able to use flavor and aromas to trigger peoples memories, like a sketch artist."

Just before the three-minute mark, Kristian unfurls a recollection of playing in the snow at his grandmother's house, then coming in for some freshly baked Julekake. He closes his eyes and inhales deeply, as if breathing in the warm, reassuring scent of that long-ago time and place.

This particular show of emotion really passes the smell test. The overall mood gets a bit sugary, but never boils over into a treacly mess.

"Although you don't see it in the film, the lost Julekake recipe took a few attempts to actually get right," Leyenaar says. "There were tension points throughout the day as to whether we'd be able to rediscover the holiday bread. Yet, whether we got it exactly 100 percent perfect or not, we were able to help make his memories real thanks to the right spices, even if just for a short while."

CREDITS
Agency: R/GA New York
Client: McCormick & Company

McCormick:
Chief Executive Officer: Lawrence Kurzius
President North America: Brendan Foley
Group Vice President & Commercial Leader, U.S. Consumer Products Division: John Bennett
Vice President Marketing, US Consumer Products Division: Virginia Jordan
Business Director: James Seidl
Marketing Manager: Chris Nelson
Senior Product Manger: Mike Rochford

R/GA:
EVP, Executive Creative Directors: Taras Wayner, Chloe Gottlieb
SVP Executive Creative Director: Winston Thomas
Associate Creative Directorw: Troy Leyenaar, Daniel Prado
Content Producer: Purvi Sheth
Management Supervisor: Christina Hemsworth
Senior Producer: Matt Van Dzura    
Group Planning Lead: Jaime Klein Daley
Managing Director: Russell Parrish
Group Account Director: Craig Goldstein
Group Director, Production: Catherine Tirpak
Executive Production Director: Marc Calamia
Production Coordinator: Jessica Rosen
Senior Video Editor: John Gramaglia
Senior Sound Designer: Pete Karam
Senior Visual Designer: Allison Quick
Director, Business Affairs: Stephen Bernstein
Business Affairs Manager: Magdalena Wiater                

Production: Gravy
Director: Trent Jaklitsch
Director of Photography: John Schmidt
Executive Producer: Brent Stroller
Producer: Lisa Wieneke-Rich
Production Supervisor Howard Butler

Music:
Always Analog Heart Music Bed 

Ad of the Day: A Man's Hellish Life Finally Gets Tasty in Droga5's New Hamburger Ad

$
0
0

There's no shortage of nostalgic advertising that pines for the good old days. But were they really good old days? Or were they, in fact, pretty shitty old days that lacked the comforts, conveniences and microwavable burgers of the present?

Droga5 London darkly and amusingly suggests the latter in its new campaign for Rustlers, the flame-grilled, microwavable burger brand—with a 60-second spot that follows a beleaguered protagonist from childhood to old age who has the crap beat out of him every step of the way.

Check out the spot here:



The bleakness and monotony are delivered with a weary wink, culminating in the sad-funny final scene and comically hyperbolic tagline: "What a time to be alive."

"Initially we had a number of different approaches to film," David Kolbusz, chief creative officer of Droga5 London, tells Adweek. "But we kept returning to one script which was a piss-take of that overly sentimental, well-worn ad construct where you follow a character's journey from adolescence to old age, shot through rose-tinted glasses, and soundtracked to tinkling piano music. We thought it would be funny if you took a character on the same journey through time, but just kicked the shit out of him at every step along the way."

Somesuch director Steve Rogers helped bring the ad to life.

"As we dug into it with Steve, it moved pretty far from the original vision and kind of became its own thing. Less pastiche," Kolbusz says. "We fell in love with this repeated, metronomic abuse perpetrated on our hero. It became a lot cuttier than we'd originally intended. More vignettes. And we'd actually shot the ad with the intention of aping the look of the film from each different era. But in the end it felt better to keep all of the past in black and white—like a horrible memory—only introducing color in the glorious present."

The product is typically consumed by young men but bought by their parents. So, the ads had to appeal to both.

"We tried to create work that had a bit of spikiness to it and would appeal to our younger audience, but in a way that wouldn't alienate the ones doing the shopping," says Kolbusz. "Poking fun at the hardship our target's parents and grandparents had to endure seemed like a nice way in."

The spot was shot in Budapest—"a great place to shoot if you're looking for a Venn diagram of depressing meets cinemagraphic," Kolbusz says—and a lot depended on the casting.

"Even before the prosthetics, you kind of want your main character to look as similar at every life stage as possible," says Kolbusz. "You always forgive the jump from child to adolescent because most people change so much in those formative years. But we got pretty lucky with our young adult and older man. They were temporal doppelgängers. They both had these sad, tired eyes that made every blow they took all the funnier. In the end, you really don't feel the transition between actors."

The ad's humor "comes from the repetition of abuse, and that's something we were never going to be able to get a sense of until it was all cut together," he adds. "So our evaluative process for whether a scene was working or not came down to us watching our actor being beaten and thinking, 'Yeah, that looks truly horrible.' "

The outdoor and print work also targets young men and their parents, respectively—with the outdoor much more pithy and the print in long-copy format. Check out that work below.



CREDITS

Client: Rustlers
Chief Executive Officer: Simon Walker
Marketing Development Director: Adrian Lawlor
Senior Brand Manager: Elaine Rothballer
Brand Manager: Atiyya Tailor

Agency: Droga5 London
Chief Creative Officer: David Kolbusz
Executive Creative Directors: Rick Dodds, Steve Howell
Senior Art Director: Charlene Chandrasekaran
Senior Copywriter: Dan Morris
Junior Copywriter: Teddy Souter
Junior Art Director: Frazer Price
Designer: Chris Chapman
Account Director: Alex Dousie
Strategy Director: James Broomfield
Head of Strategy: Toto Ellis
Producer: Peter Montgomery

Production Company: Somesuch
Director: Steve Rogers
Managing Director, Owner: Sally Campbell
Producer: Peter Knowles
Director of Photography: Tat Radcliffe
Production Designer: Tünde Caski

Editing House: The Quarry
Editor: Jonnie Scarlett

Postproduction: The Mill

Sound Facility: String and Tins

Music Track: "Revolt"
Artist: Boys Noize

MDC Partners Stock Dives 60% in One Day After Q3 Losses

$
0
0

The stock value of holding company MDC Partners, which owns Anomaly, 72andSunny, CP+B and other agencies, dropped precipitously before the New York Stock exchange's opening bell on Friday after the company failed to meet revenue goals for the third quarter of 2016.

The stock value is down more than 60 percent over the past 24 hours from $8.40 per share at the NYSE's close on Thursday to less than $3 at 11 a.m. this morning. Wells Fargo analysts downgraded the stock's rating from "outperform" to "market perform" in a note issued to investors on Friday.

The company reported a net loss of $33.5 million for the quarter versus an $8.6 million loss in the same quarter last year. It also hired LionTree Advisors to help manage its financial strategy moving forward.

As noted in this tweet from Ogilvy & Mather worldwide chief digital officer Brandon Berger, the trade value of the MDC Partners network is now less than that of its individual agencies.

"This performance just isn't good enough," said MDC Partners CEO Scott Kaufmann during Thursday's earnings call, according to MediaPost. Kaufman, who replaced founder Miles Nadal following his resignation amid an SEC investigation late last year, added that MDC is "taking actions to fix it."

Nadal and chief accounting officer Michael Sabatino abruptly stepped down from MDC Partners last July as the SEC targeted millions of dollars in "questionable expenses," and Nadal later agreed to pay his former company a total of $21 million only weeks after MDC completed its acquisition of 72andSunny.

In October, short-seller Gotham City Research—which has criticized MDC Partners repeatedly in the past—tweeted that the company could be on a list of businesses targeted by the Securities and Exchange Commission for "misusing adjusted earnings metrics." This SEC probe was first reported by The Wall Street Journal, which named Elon Musk's Tesla Motors and medical device company Syneron as businesses that had potentially used numbers "that don't conform to generally accepted accounting principles" in order to inflate their financial performance.

Thursday's press release addressed these numbers with the following statement: "Management believes that such non-GAAP [Generally Accepted Accounting Principles] financial measures, when read in conjunction with the company's reported results, can provide useful supplemental information for investors analyzing period to period comparisons of the company's results."

The company also lowered its revenue guidance for the calendar year of 2016 from between $1.39 billion and $1.42 billion, to between $1.365 billion and 1.375 billion. It also revised guidance on its EBITDA from between $205 million and 215 million, to between $170 million and 180 million. According to the earnings call, international earnings rose thanks to MDC Partners' June acquisition of Forsman & Bodenfors, the Swedish agency best known for Volvo's "Epic Split" campaign.

An MDC Partners spokesperson declined to comment today on the financial status of the company beyond the quotes included in the press release and the earnings call.

SaveSave

Viewing all 7918 articles
Browse latest View live