COMvergence vs Ebiquity

COMvergence H1 2026 Global New Business Results: Publicis Media Takes Top Spot

Publicis Media led the global Total New Business ranking among the Big 5 media agency groups, generating $3.24 billion in total new business value. Omnicom Media followed in second place at $3.15 billion and WPP Media ranked third at $2.98 billion.

Agency-Client Relationship Under Review in Germany

German advertisers are fundamentally questioning their collaboration models with media agencies, considering which tasks to handle in-house. This shift puts pressure on agencies to reassess their value propositions and revenue streams. The trend towards in-housing is accelerating, as seen in recent developments like IKEA's mega-pitch, which signals a broader industry move towards more flexible, integrated agency-client relationships. Agencies must adapt by offering more strategic, data-driven services and demonstrating clear ROI to retain clients.

• Advertisers in Germany are increasingly questioning their collaboration with media agencies.
• The trend towards in-housing is growing, with advertisers taking over tasks previously handled by agencies.
• Agencies need to redefine their revenue models to stay relevant.

BetMGM Names Cape Creative Agency of Record

BetMGM has officially appointed independent creative agency Cape as its creative agency of record (AOR), formalizing a collaborative relationship that has spanned two years. Cape's expanded responsibilities will encompass brand and creative strategy, working closely alongside BetMGM's wider agency network to maintain a cohesive brand presence. The transition occurred without a formal pitch process, following successful joint projects like the brand's 'Mullet Over' campaign. BetMGM, which features actor Jon Hamm in its latest campaign, has an estimated annual net media spend of $160 million according to COMvergence data.

• Independent creative agency Cape has been named BetMGM's agency of record (AOR).
• The appointment formalizes a two-year working relationship and occurred without a formal pitch process.
• BetMGM's net media spend is estimated at $160 million according to data from COMvergence.

Retail Media Can Build Brands—Including Ways Other Media Can’t

This opinion column argues that retail media, often dismissed as performance-only, is a powerful brand-building channel. It challenges Mark Ritson's critique by citing research from Binet & Fields and Ebiquity that brand building should account for 55-60% of ad spend, while most budgets go to performance. The author claims retail media offers reach, mental availability, and higher ROI, citing Emarketer data showing its share across formats. P&G's off-site retail media investment reportedly doubled in a year. The piece advises shifting budgets from low-performing performance channels and black-box AI tools to retail media, emphasizing causal modeling over MMM to reveal its true value. It positions retail media as a complement to TV, not a threat.

• Emarketer data shows retail media constitutes 29% of search, 11% of programmatic display/video, 6% of social, 16% of CTV, and 15% of DOOH ad spend.
• Sensor Tower data indicates Procter & Gamble's off-site retail media investment more than doubled in the past year.
• According to the article, 70% of marketers say their marketing mix models do not account for retail media.