
FCB is planning to launch a media independent in Asia-Pacific this
year, under the umbrella of its publicly-listed parent company, True
North Communications.
As the fifth largest advertising network globally, it is understood that
FCB is planning to build a much stronger media operation through further
acquisitions.
Currently, FCB's media buying agency, TN Media, is the third biggest
buying specialist in the US, where it is the biggest buyer of local
broadcast.
FCB Asia-Pacific president and CEO Ben Barnes said the newly-merged
operations in Asia between FCB and Bozell had already set up separate
media offices.
When asked if the specialist would team up with other agencies, Mr
Barnes said the decision would be made by head office, but did not rule
out the possibilities of a third party venture or some form of media
buying partnership.
With the completion of the FCB/Bozell operational merger, Mr Barnes told
MEDIA the agency was sharpening its interactive and direct marketing
services and creative product - in an effort to strengthen regionwide
creativity, Mr Chris Kyme has been promoted to regional CD for Asia,
based in Singapore.
Spearheading regional business, former FCB Greater China managing
director Carol Cheung has been named director of integrated
development.
She will take charge of customer relationship management, training and
development skill, as well as regional development of the Standard
Chartered Bank business.
Mr Barnes anticipated FCB's total billings were likely to grow up to
US$700 million in Asia, compared to last year's US$600
million.
Japan, Australia and Greater China were cited as the drivers fuelling
growth in FCB's business, with the winning of several key accounts,
including the Hong Kong Tourist Association and the MTR in Hong Kong,
New York Life in Taiwan, Hilton and Snow Flake beer in China and Sunkist
and Amazon.com in Japan.
"These are already big markets to begin with," said Mr Barnes.
The merger, he said, had in fact placed FCB in a better position, as on
an individual basis, both Bozell and FCB were ranked in mid-range
positions, making it difficult for either to find their respective
niches.
Similar operating philosophies had enabled the merger to proceed without
significant redundancies or cutbacks.
"As people are very sensitive to it (the merger), you need to put big
efforts into making them feel included," said Mr Barnes.
"The sooner you bring people under one roof, the more quickly people
start to feel like part of the family."