Archive for March 2011
Immediate Future halves workforce and revamps model
Immediate Future, one of the UK’s first social media agencies, has halved its workforce as it relaunches its business model to focus on higher-margin consulting work.
The news comes as long-term IF client Sony confirmed that it had moved the bulk of its business with the agency back in-house. Sony EMEA director of corporate communications Nick Sharples said that the company would continue to work with IF on “more strategic social media consultancy , such as issues and crisis management training incorporating full social media integration, rather than the normal day-to-day PR implementation”. Read the rest of this entry »
Weber Shandwick wins PR for Munich 2018 bid
Munich has called in Weber Shandwick to provide PR support for its bid to host the 2018 Olympic and Paralympic Winter Games.
The win comes after Weber Shandwick’s successful campaign on behalf of Sochi’s bid to host the 2014 Winter Olympics. Weber Shandwick also handled successful campaigns by Beijing 2008 and Turin 2006, and also recently supported England’s bid for the 2018 World Cup. Read the rest of this entry »
South Africa hands global reputation assignment to H&K
Posted to the Holmes Report here
South Africa has called in new PR counsel as it bids to sustain the global reputation uplift it experienced from last year’s successful staging of the Fifa World Cup.
The Holmes Report understands that Hill & Knowlton has been appointed by the country’s International Marketing Council (IMC), to oversee the global ‘Brand South Africa’ programme. The agency displaces incumbent MSLGroup Johannesburg, which won the £1 million account less than two years ago. Read the rest of this entry »
Bahrain hires new US PR support
Posted to the Holmes Report here
The Kingdom of Bahrain has called in fledging public affairs firm Potomac Square Group to handle US public relations as unrest continues to rock the Middle Eastern nation.
Potomac Square Group – a new firm headed by ex-Wall Street Journal journalist Chris Cooper – was appointed in February to provide strategic PR counsel to the Embassy of Bahrain in the US.
Earlier this week, the Holmes Report revealed that Edelman’s US assignment on behalf of Bahrain’s Economic Development Board (EDB) had been suspended. Read the rest of this entry »
Paratus/Vodafone relationship ends
Paratus, the 12-person agency that netted Vodafone’s six-figure UK PR business 12 months ago, is to step down from the account at the end of the month.
Vodafone has instead called in Freud to handle specific projects for the mobile company’s corporate communications team. Read the rest of this entry »
Huntsworth delivers flat revenue growth in 2010, buys Atomic PR
Posted to the Holmes Report here
Huntsworth – the PR and healthcare communications group that owns Grayling, Citigate, Huntsworth Health and Red – has reported that its revenues dipped by 0.7 percent in 2010, following a major restructuring of the business.
The group has also revealed it has acquired highly-rated US technology and digital agency Atomic PR, providing a much-needed boost to Grayling’s North American footprint. Previously, Huntsworth operated a joint venture with Atomic PR, which oversaw the brand’s European operations. Red Consultancy’s US operations have been transferred into Atomic, which will eventually be combined into Grayling North America.
Huntsworth has also confirmed that Grayling has taken lead agency duties on British Airways’ global PR account, as first revealed by the Holmes Report. It is understood that this business will be worth approximately £1.5 million in fees per year, and will be operated in conjunction with Action Global and Meropa. Read the rest of this entry »
Ricoh reviews agencies in PR expansion
Posted to the Holmes Report here
Japanese electronics company Ricoh is rethinking its engagement strategy in EMEA, calling an agency pitch as it seeks to expand its corporate PR activity in the region.
The pitch comes two years after Burson-Marsteller won the six-figure mandate. The agency is believed to be defending the brief, with budgets expected to rise. Read the rest of this entry »
Meltwater moves into digital marketing with JitterJam buy
Monitoring outfit Meltwater Group has acquired social CRM firm JitterJam for $6 million, marking a significant step for the company into the digital engagement arena.
Based in Bedford, New Hampshire, JitterJam provides a blend of social analytics and CRM – with a particular focus on digital influencer marketing. Meltwater Group CEO and founder Jorn Lyseggen said the purchase was part of an overall strategy to grow the company’s social media revenues to $100 million within the next three years. Read the rest of this entry »
Content, siloes and agency pressures: A snapshot of digital concerns in 2011
I am reasonably convinced that, by now, there are almost as many social media research studies as there are social media gurus. And that is a lot. Every now and then, though, one survey catches the eye; this time it is new research from Bite and Econsultancy, exploring how corporations are responding to the “changing digital landscape.”
Whilst the study only polls 50 in-house communications executives, it has the advantage of conducting in-depth conversations with these respondents, who are based across North America, Europe and Asia. The findings do not so much break new ground as crystallize existing impressions: Senior comms professionals want to upgrade their content creation abilities, reorganize marketing functions, and revamp their agency relationships. Read the rest of this entry »
Novartis picks Cohn & Wolfe for global heart failure portfolio
Posted to the Holmes Report here
Novartis has assigned PR duties for its global heart failure portfolio to Cohn & Wolfe, following a review that featured several healthcare agencies.
The Holmes Report understands that Novartis is hoping to expand its range of heart failure drugs in light of the increasing competition faced by the rest of its lucrative cardiovascular portfolio. The six-figure brief covers strategy and brand vision for two heart failure products that are expected to launch in 2014. Read the rest of this entry »
