Mumbrellacast: Inside WPP AUNZ, programmatic is exposed and Foxtel clings to HBO

This week saw WPP AUNZ lift the bonnet at its annual general meeting, but don’t worry about new CEO Jens Monsees. Despite the fact he stepped into the leadership role just before a global pandemic, he promises Mumbrella’s Brittney Rigby he’s ‘doing fine’, even facing a potential $10m loss for the group from H1 CY20. 

Foxtel hung on to the exclusive rights to HBO’s content in Australia. It’s a massive win for the pay TV provider, with shows like Succession, Big Little Lies and the upcoming reboot of Gossip Girl a huge drawcard for consumers. The deal has put the launch of streaming service HBO Max on the back burner, but how long will it last?

And how many magazines will hit newsstands when publishers come out the other side of COVID-19? Just days after Bauer Media took ownership of Pacific Magazines, 60 staff were cut from the business. As it stands, 140 Bauer and 100 Pac Mags staff have been stood down or made redundant and several titles have been suspended. How will the business piece together its magazines with so little staff? And which ones will make it through in the long term?

All the analysis in today’s Mumbrellacast is brought to you by Budget Direct

Budget Direct announces the launch of its new ‘Budget Direct Money Manager’ App. The new app is a smart and easy way to track all of your personal finances in one place. Budget Direct is also pleased to confirm that it’s providing the new Money Manager app, for free, to all Budget Direct customers. For more information just head to the Budget Direct website.

In the news

  • WPP Australia’s COVID horror show (00:42)
  • Bauer’s PacMags bloodbath (11:58)
  • TV manoeuvres (18:30)
  • How the programmatic chain is even murkier than we thought (26:06)
  • The week in advertising (32:19)

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Music credit: RetroFuture Clean Kevin MacLeod (incompetech.com)
Backbay Lounge Kevin MacLeod (incompetech.com)
Licensed under Creative Commons: By Attribution 3.0 License

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