Gabey Goh
Apr 5, 2016

Pfizer Korea awards media business to Omnicom Media Group

SOUTH KOREA – Pfizer Korea has awarded Omnicom Media Group its media duties for the market, following a media review.

Pfizer Korea awards media business to Omnicom Media Group

According to industry sources, it is understood that the pitch process included incumbent agency Cheil Worldwide, with GroupM and Starcom also in the mix.

R3 managed the pitch, but was unavailable for comment. Campaign Asia-Pacific contacted both Omnicom and Cheil for comment but did not receive a response at time of writing.

It has been reported that in Australia, Pfizer recently awarded its media business to Ikon Group Sydney after a closed pitch. The agency takes over from incumbent Match Media.

Earlier this year in February, the pharmaceutical giant moved a portion of its media buying business to IPG Mediabrands in Hong Kong, including some pharmaceutical brands previously held by Mindshare. Brands in the shift included Viagra and Metamucil.

Source:
Campaign Asia

Related Articles

Just Published

20 hours ago

Battle for TikTok: Implications for content ...

Far too many global businesses rely on American audiences for sales and engagement. Alternatives like Meta's Reels exist, but pivoting and recalibrating will be a daunting quest.

21 hours ago

40 Under 40 2023: Tra My Nguyen, Ogilvy

With a keen eye for revenue growth and all things marketing, Nguyen stands out as a leader who not only adapts but propels her team and company to new heights.

1 day ago

Hindustan Unilever announces leadership changes, ...

The changes come as HUL reported a 6% decline in standalone net profit for the fiscal fourth quarter.

1 day ago

Netflix reports strong Q1 growth but is it painting ...

Although Netflix has added almost 10 million new paid subscribers in early 2024, some experts believe advertising is quickly becoming the streaming giant’s long-term profitability plan, presenting a compelling opportunity for brands.