Burson-Marsteller acquires Genesis Public Relations in 100% buyout
Global PR firm Burson-Marsteller today announced the acquisition of Genesis PR, India's leading public relations company. The company will be renamed Genesis/Burson-Marsteller, and will be led by Genesis Principal and Founder, Prema Sagar, and CEO Ashwani Singla.
Global public relations firm Burson-Marsteller today announced the acquisition of Genesis PR, India's leading public relations company. Genesis is among the sub-continent's most respected public relations firm, with close to 200 employees, an extensive national network of wholly-owned offices in New Delhi, Mumbai, Kolkata, Bangalore, Hyderabad and Chennai, and representations in Gujarat, Rajasthan, Madhya Pradesh, Kerala, Tamil Nadu, Punjab and Uttar Pradesh, reaching over 80 cities across India.
"This is one of the most significant milestones in the 53-year history of Burson-Marsteller," said Founding Chairman, Harold Burson. "Genesis Public Relations is a world class company with exceptional leadership. We are very proud that they have agreed to become part of Burson-Marsteller."
Having recently returned from a visit to India, Burson added: "I was privileged to experience first-hand a company of extraordinary quality, with impressive intellectual and geographic reach. I also have received many compliments from Burson-Marsteller clients who work with Genesis."
Filings have been made today with India's Foreign Investment Promotion Board (FIPB) for approval of the transaction. After completion of the acquisition, the company will be renamed Genesis/Burson-Marsteller and will be integrated within the Burson-Marsteller Asia Pacific regional network. Genesis/Burson-Marsteller will be led by Genesis Public Relations Principal and Founder, Prema Sagar, and Chief Executive Officer, Ashwani Singla. Both will also join Burson-Marsteller's Asia Pacific Leadership Board.
"Burson-Marsteller is the global PR firm by which others are measured. To be a part of the best global public relations company reflects the strong strategic fit and shared values between Burson-Marsteller and Genesis Public Relations," said Sagar, whose stature and leadership in the international public relations industry has recently been recognized with her induction into the International Communications Consultancy Organization's (ICCO) Hall of Fame, one of only 10 professionals worldwide to receive the prestigious accolade. "This is a momentous occasion made possible by countless contributions from so many people who have worked in the firm since its inception," she added.
Burson-Marsteller's Asia-Pacific President and CEO, Bill Rylance, said the acquisition further strengthens the company's strong regional capabilities. "Genesis is a clear leader in India in terms of talent, thought leadership, geographic reach and reputation." said Mr. Rylance. "This is the coming together of two exceptional companies in a market that is globally-significant and critical to our clients."
By number of employees, India and China now represent Burson-Marsteller's second and third largest markets worldwide. "However, it is the quality of that talent more than the quantity which really excites us," Rylance said. "The collective zeal to learn and grow in India - as in all of our vibrant Asia Pacific offices - is a constant source of inspiration and innovation for our company. It all points to a very bright future."
Ashwani Singla, CEO, Genesis PR, said, "Clearly, our vision at Genesis is to build a sustainable and a competitive institution that expands the growth horizons of the people in the firm and provides greater opportunities to collaborate with professionals all over the world."
Singla added, "We can now more than ever leverage the global expertise, experience and reach of Burson-Marsteller to further enhance our 'One Team, One Experience' promise of seamless network, deep insights, innovation and quality, not only for all of our clients in India, but also for those organizations looking beyond our shores."
For the third time in five years, Burson-Marsteller's Asia-Pacific team was named "Network of the Year" at the 2005 annual Asia Pacific PR Awards, the industry's top award recognizing outstanding public relations work across the region. The company was also the top-ranked firm in Media Magazine's 2005 Asia Pacific Consultancy Report Card.
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E4M Our strategy is to target younger audiences through Sports: Rajiv Dubey, Dabur
The Head of Media at Dabur India spoke exclusively to exchange4media on the World Cup, associating with Indian Idol, the company’s digital spending and much more
With quirky campaigns, memes and moment marketing, timed with the ongoing World Cup and particularly the India-Pakistan matches, Dabur India has got considerable consumer attention for its popular brands – Red Paste, Cool King Hair Oil, Chyawanprash, Dabur Vita and the recently launched Bae Fresh Gel toothpaste.
The 140-year-old company is going big on key sporting events, World Television Premiere (WTP) movies and reality shows. It is now gearing up to become the title sponsor of popular talent show ‘Indian Idol’ on Sony TV for the first time, shared Rajiv Dubey, who leads the media strategy at Dabur.
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Swapan Seth's new book 'COOL' is out
The book is a reflection of the author's 'eclectic taste across categories'
Advertising professional and art collector Swapan Seth has announced the launch of his new book COOL. The book is described as "a ready reckoner to the hip and the happening, of the known and the very unknown."
The book is a reflection of the author's "eclectic taste across categories: from boltholes to exotic hideaways."
COOL has been published by Simon & Schuster India and is available on Amazon.
Seth is an ad veteran with a long and illustrious career in the industry. He became the youngest-ever Creative Director at Clarion at age 24. He was VP at 26 at Trikaya Grey. Two years later, he started his agency Equus.
He writes for publications such as The Economic Times, Hindustan Times and India Today. This is his second book and he has previously published THIS IS ALL I HAVE TO SAY.
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Disney Star signs 9 sponsors for Asia Cup PAK
Charged by Thums Up, Nerolac Paint+, Amazon Pay, Jindal Panther, My11Circle, MRF, Samsung Galaxy Z Flip5, Wild Stone and Thums Up come on board
e4m Staff Disney Star has signed nine broadcast and digital streaming sponsors for the upcoming Asia Cup.
Charged by Thums Up, Nerolac Paint+, Amazon Pay, Jindal Panther, My11Circle, MRF, Samsung Galaxy Z Flip5, Wild Stone and Thums Up have come on board for the upcoming tournament.
As reported earlier by exchange4media, Disney Star has sought Rs 26 crore for the co-presenting sponsorship on TV and Rs 30 crore for Disney+ Hotstar.
According to industry sources, the associate sponsorship on Star Sports has been priced at Rs 19.66 crore, whereas for the ‘powered by’ sponsorship on Disney+ Hotstar, the broadcaster is seeking Rs 18 crore.
As per the information available with exchange4media, Disney+ Hotstar has three sponsorship tiers-- co-presenting (Rs 30 crore), powered by (Rs 18 crore) and associate sponsorship (Rs 12 crore). The broadcaster is offering an estimated reach of 120-140 million for co-presenting sponsors, 90-100 million for powered by and 60-70 million for associate sponsorship.
A spot buy for 10 seconds has been priced at Rs 25 lakh for the India vs Pakistan matches, while for the non-India matches, the ad rate for 10 second is Rs 2.3 lakh. The India matches plus the final for ODIs has been priced at Rs 17 lakh per 10 seconds.
Asia Cup is scheduled to be held from 30 August, 2023, to September 17, 2023.
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Sorted 360 wins creative & social media mandate of Reliance Mall
The agency will manage offline and online campaigns for Reliance Mall
Sorted 360, an integrated creative and social media agency, has won the mandate to providing brand solutions for Reliance Malls across India.
“Sorted 360 is set to enhance Reliance Malls' market presence with their unparalleled creative prowess and strategic thinking,” read a press release.
“Sorted 360's commitment to pushing the boundaries of creative communication aligns perfectly with Reliance Malls' ethos. With a pan-India presence spanning across 19 cities and growing, Reliance Malls has consistently captivated customers by offering an array of Reliance brands and third-party fashion & lifestyle brands. The mall has established an unparalleled connection with its patrons through superior quality, a remarkable value proposition, and an unmatched shopping experience,” it read further.
"We are thrilled to welcome Sorted 360 as our trusted partner in advancing our brand presence across the nation," said the Head of Marketing at Relaice Malls. "Their proven expertise in retail, shopping center management, and innovative creative strategies make them the perfect fit for our vision."
"Partnering with Reliance Malls is a testament to our commitment to shaping extraordinary brand experiences," remarked Prerana Anatharam, Co-founder of Sorted 360. "We are excited to leverage our strategic and creative acumen to further elevate Reliance Malls as the epitome of convenience, choice, and excellence."
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KlugKlug onboards Hemang Mehta as Country Manager for Indias
Mehta was most recently Head of Agency Relationships at Network 18 Media & Investments
KlugKlug has appointed Hemang Mehta as its Country Manager for India.
Mehta will play a pivotal role in driving KlugKlug's growth and expansion within the Indian market and be responsible for Sales & GTM Strategy
Prior to that, he has also represented organisations like Exponential (now VDX.tv), India Today Digital and Rediff.com. His expertise spans various domains including digital media sales, mobile marketing, media planning, and buying, social media marketing, and more.
Hemang Mehta expressed his enthusiasm about joining KlugKlug, saying, "I am thrilled to be a part of KlugKlug, a forward-thinking platform that is reshaping the influencer marketing landscape. As much as I look forward to collaborating with the exuberant team at KlugKlug, I am super excited to interact with the brands to deliver powerful data-backed Influencer solutions that will guarantee business outcomes."
Commenting on the appointment, Kalyan Kumar, Co-Founder and CEO of KlugKlug, stated, "We are excited to welcome Hemang Mehta to our team as the Country Manager for India. His extensive experience in digital media sales and marketing will be instrumental in driving our efforts to provide influencer marketing solutions to our clients. We believe Hemang's leadership will be key in scaling our operations and expanding our reach within the Indian market."
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