Mumbrella’s Summer Shorts Series – Episode Four
The media, marketing and advertising worlds are switching off for the summer holidays, but Mumbrella is whipping out the shorts and surfing through the break.
Unfortunately, it’s raining here in Sydney today. But don’t let that stop you checking in on Mumbrella for your industry news fix. And you won’t find this in any newsletter – so keep popping back to the website regularly for updates.
We’d like to keep this interactive, so please, if you’d like to be part of Mumbrella’s industry insider holiday summer camp, send your thoughts, sightings, and ideas to abanks@mumbrella.com.au.
Netflix does things by halves
Spare a thought for the CEOs who have to go halves with someone on their salary.
LinkedIn has indicated how much Netflix’s co-CEOs earn (Reed Hastings, $US34 million, Ted Sarandos, $US40 million), and it’s apparently a lot less than Tesla CEO Elon Musk ($US6.7 billion).
Short shorts
- Maccas is reportedly poised to shift its US media account from Omnicom Group-owned OMD to Publicis Groupe’s Starcom, according to Ad Age. McDonald’s spent $134 million on measured media in the US in the first 9 months of the year, according to Kantar. Meanwhile, Ticker News reports Macca’s outlets in Japan are running short on fries and is being forced to ration the product because of supply chain bottlenecks. It sources potatoes from North America, where omicron cases have been surging.
- The Herald Sun reports data obtained via a Freedom of Information request shows the ABC spent $2.5m on audience research between July and November. The public broadcaster also spent $1.6m on advertising during this period, plus $83,000 on promotions. Evan Mulholland from the Institute of Public Affairs says the figures refute the ABC’s claims that it has been hit by budget cuts. It was also recently revealed that the ABC spent some $2.5m on external legal fees in the 2020-21 financial year.
- Katie Page, CEO of Harvey Norman, is selling her beachfront penthouse in the luxury M3565 Gold Coast building she developed, according to the Gold Coast Bulletin.
- Gold Coast businessman and Game Over boss Tony Quinn has sold his Surfers Paradise mansion for $10 million. Quinn earned more than $400 million from the sale of VIP Pet Foods, which he founded, and $200 million selling most of his stake in confectionary giant Darrell Lea.
- New research from Alfi, an AI enterprise SaaS advertising platform, reveals 61% of senior advertising executives strongly believe Digital out of Home (DOOH) advertising is the most effective way to reach young, consumers who are tech-savvy, highly social, and on-the-go, therefore becoming the most likely group to interact with out of home (OOH) advertising. Nearly 9 out of 10 (86%) advertising executives also agreed that people on the move are in an active mindset, increasing alertness outside of their homes – enabling a more seamless digital experience. This in turn, is seen in young, affluent consumers, who are likely to spread brand messaging via word of mouth and social media, and carry out more mobile searches after interacting with DOOH ads than any other media. When asked to pick the top five sectors that will see the biggest DOOH ad increase over the next three years, 76% of senior ad executives cited entertainment and media, 62% selected finance, 59% chose the fashion industry, and 52% said health and beauty.
- Vacant positions: Commercial Radio Australia (CEO), WPP ANZ (country manager), The Iconic (CMO).
- TikTok had more traffic than Google in 2021 according to new data from internet and cybersecurity company Cloudflare, which overnight shared its wrap up of the biggest Internet trends of 2021. Key findings include:
+ Tiktok wins #1 most popular domain, beating out YouTube, Google, Facebook, and Amazon (a big jump from their #7 spot in 2020)
+ Facebook loses its crown as #1 most popular social media domain to Tiktok, and Twitter overtook Instagram to come in at #4.
+ While usage steadily increased throughout the year, both Melbourne and Sydney had their biggest spikes in internet traffic in key shopping months November or December 2021, with traffic increasing by over 60% as compared to January
+ Both Melbourne and Sydney experienced an over 500% increase in cyber attacks in June
- ACCC chair Rod Sims said Ford made “serious mistakes” in Mach 1 brochures, resulting in “false claims being made to consumers … in breach of the Australian Consumer Law”. Ford paid four fines totalling $53,280 to address the issue.
- Google’s CEO addressed a staff concern that the company has become less honest with employees. Sundar Pichai said trust has to go both ways, referring to employees leaking information to the press.
- Disney’s former CEO Bob Iger explains one of the reasons he resigned: “Over time, I started listening less and maybe with a little less tolerance of other people’s opinions. Maybe because of getting a little bit more overconfident in my own, which is sometimes what happens when you get built up.”
- Australian Payments Plus (AP+) has appointed Lynn Kraus as its inaugural CEO. AP+ was formed following the amalgamation of BPAY, eftpos, and NPPA.
- Tasty Toobs are now back on shelves and available in supermarkets across the country, with the first Australian packets already on shelves since Monday 20 December 2021.
- L’Oréal has recently appointed Sujay Ray as head of digital marketing. He joins the cosmetics company from Mindshare, where he worked for more than 3 years as Category Lead – Deodorant & Oral (Team Unilever).
- Nielsen has released a deduplicate advertising measurement tool, Nielsen One Alpha, which is the first element of its upcoming cross-platform measurement program Nielsen One. Alpha comes ahead of the expected launch of Nielsen One in late 2022, which aims to unify Nielsen’s audience measurement products, as part of a plan to fully transition the industry to cross-media metrics by autumn 2024.
Guess the celebrity
Madame Tussauds is under fire for a wax figure that looks nothing like who it’s supposed to be – can you guess who it is? Hint: She had a hit song that rhymes with Mumbrella.
Memebrella
Time for a bit of light knitting.
Tom Daley is knitting at the 3m women final #Tokyo2020 pic.twitter.com/cyR5rGRRxE
— Dal Bologknees 🍝 (@DalBologknees) August 1, 2021
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topics
ACCC
Alfi
Amazon
AP
Australian Payments Plus
Bob Iger
Cloudflare
digital out of home
Disney
DOOH
Elon Musk
Episode Four
Facebook
Ford
Google
Kantar
L'Oreal
LinkedIn
Lynn Kraus
McDonald's
Mumbrella
Mumbrella Shorts
Netflix
Nielsen
Nielsen One
Nielsen One Alpha
OMD
Omnicom Group
Publicis
Reed hastings
research
Rod Sims
Starcom
study
Summer Shorts
Sundar Pichai
Tasty Toobs
Ted Sarandos
Tesla
TikTok
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