Publicis Groupe launches India Media Exchange, Shyam Shanker to head the unit as President
Setting all speculation to rest, Publicis Groupe Media has announced the launch of consolidated media negotiation unit India Media Exchange (IMX). Jack Klues, Chairman, Publicis Groupe Media, made the announcement and also informed that Shyam Shanker will heading IMX as President.

Setting all speculation to rest, Publicis Groupe Media has announced the launch of its consolidated media negotiation unit India Media Exchange (IMX). The announcement was made by Jack Klues, Chairman, Publicis Groupe Media. He was speaking on how the media assets of the Publicis Groupe in India -- represented by Starcom MediaVest Group and ZenithOptimedia -- will be leveraged to create significant scale, which would then translate into an approach allowing a unique competitive advantage for their clients.
IMX will be headed by Shyam Shanker as President, supported by a team of media buying experts that will represent both Starcom MediaVest Group and ZenithOptimedia. IMX will be based in Mumbai and have offices in Delhi, Bangalore and Chennai.
IMX has been created to manage the combined buying functions of Starcom MediaVest Group and Zenith Optimedia. Media planning will continue to remain within the respective agency brands, which will maintain their unique identities.
Klues commented, “At a time and environment where media agencies are not merely buying space and time, but creating opportunities that did not exist before, or buying something that was not previously available for sale, we realized that opportunities for collaboration are immense and were really unexploited. Today is all about specific solutions for specific contexts that take into account the needs of a client and brand, the mindsets and habits of consumers, and the vast panoply of content made available in media.”
He added, “IMX will do exactly that -- customize the services and solutions that are context specific, leverage to create scale and convert it to create a unique, viable advantage for our clients’ businesses. This context-driven scale will bring about a paradigm shift in the industry and we found someone in Shyam Shanker to bring about this change, with his credentials and experience in procurement, with the curiosity and creativity to help us materialize this vision.”
Said Shanker, “IMX will primarily operate on the principles of scale that deliver solutions which are textured, differentiated and context specific. Solutions that fit the needs of individual clients – not cookie-cutter savings across the same set of media driven by the application of sheer size-based negotiations, but solutions that emerge by engaging the best energies of media owners and agencies, that take into account the needs and capabilities of all parties and deliver a lasting, meaningful competitive advantage. IMX will guarantee transparency to clients as its way of working.”
Shanker started his career 25 years ago, after having graduated from Nagpur University in B.E. Mechanical and PGDMM from IIMM Mumbai, when he first started working with Blow Plast Ltd. as Executive-Materials. In 1987 he moved to Marico Industries where he handled various portfolios for eleven years as GM-Materials, GM-Commodities and Purchase Manager.
He moved to Dabur India Ltd. and headed the Central Purchase and Planning Department from 1998 to 2001. After Dabur, he moved to Shaw Wallace where he was driving Central Purchase as Sr. Vice-president and then joined Bennett, Coleman & Co. Ltd. as Vice-president, Business and Commercial. He also established a corporation, Continental Overseas Resources Inc., while spending a year in the USA.
Shanker has literally grown into the procurement and materials management industry. With a portfolio that is luminous with names such as Bennett, Coleman, Shaw Wallace, Dabur India, Marico Industries and Blow Plast, he brings to the table not just experience but an insight into materials management, procurement and the intricacies of supply chain management.
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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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