MEC and Starcom Mediavest battle it out for Citibank's $450 million global media duties

The India leg of Citibank's global media review which was initiated in May is said to be currently underway, indicate industry sources. MEC currently handles media duties for the brand in India

by exchange4media Staff
Published - Jul 24, 2015 9:24 AM Updated: Jul 24, 2015 9:24 AM
MEC and Starcom Mediavest battle it out for Citibank's $450 million global media duties

Citibank is part of the legions of advertisers conducting a global media review. Quite interestingly, like Mondelez International, Citibank too is has restricted the review to its current global agencies, WPP’S MEC (who also handles media duties for the brand in the US and India) and Publicis Groupe’s Starcom Mediavest, who handle Citibank’s duties in other regions.

The India leg of the global media review which was initiated in May is said to be currently underway, indicate industry sources.

Media reports estimate that the brand’s global media spends to be around $450 million annually.

Citibank did not comment on the review when contacted.

 

For more updates, be socially connected with us on
WhatsApp, Instagram, LinkedIn, Twitter, Facebook & Youtube

Stay updated with the latest news in the Marketing & Advertising sector with our daily newsletter

By clicking Sign Up, I agree to the Terms of Use and Privacy Policy.

Advertisment

Advertisment

Advertisment