
SYDNEY: Doyens of the Australian advertising scene, Austin Begg,
Dennis Merchant and Richard Osborn have joined forces to launch a new
agency based on the belief that traditional ad agencies are becoming
irrelevant.
The trio will work under the new banner of Osborn 5, with Osborn as
creative director and Begg as managing director.
The pair are majority shareholders, while Merchant has taken a minor
stake as chairman. Osborn's son Ben has also taken a post as copywriter
and Josh Laws, son of Australian radio king John Laws, is the art
director.
"The reason we decided to set up is we think there are a number of major
advertisers who would be seeking a higher level of involvement from
agencies," Begg said.
"I'm specifically talking about building brand equity and improving
shareholder value," he said. Current clients include Encyclopaedia
Britannica, Clean Up Australia, Cunard, Boating Industry Association of
Australia, Holiday Autos and Vital Woman.
Begg said the agency had already won two additional, undisclosed pieces
of business and was working on a third pitch.
Previously, Osborn worked as worldwide creative director for Qantas and
the Australian Tourist Commission, while Begg is known for his work on
some of Australia's most successful brands, including toilet tissue
label Sorbent, preserves brand Monbulk and Bob Jane T Marts, a tyre
store.
Merchant, who opened Australia's first independent media buying
organisation in 1979, still intends to launch a separate business in
October, which will assist advertisers with the media buying process.