Here is your daily round-up of the news that matters in the marketing, media and advertising world, brewed hot and fresh in just 60 seconds.
- Dentsu Posts A Decline Of 12.3% In Q3 FY19
Dentsu has reported a decline of 12.3% in quarter three of financial year 2019 and 9.7% in the first nine months of Financial Year 2019 for the Australia and Pacific region, excluding Japan.
- GroupM APAC CEO Mark Patterson elevated to global COO role
GroupM’s Asia Pacific CEO and China chairman Mark Patterson is leaving Asia, after nearly 20 years, according to Campaign Asia. He is being promoted to GroupM’s new COO based in New York as part of the global leadership realignment by global CEO Christian Juhl.
- JetPrivilege is now InterMiles
JetPrivilege has gone for a brand revamp and will now be known as InterMiles. It will encompass both the loyalty and rewards programme and rewards and recognition currency.
- Spotify partners with P&G in its fight against racism
Moving on, In its fight against racism Spotify partners with P&G to launch a new branded podcast series called Harmonize. It features experiences of black male musicians while championing the power of music to ferment broader cultural changes.
- Xiaomi patents foldable phone concept
Finally, Xiaomi is set to release a foldable phone by the year end. It has already patented the foldable phone concept. The patent was filed back in August 2018 before it was granted and published last month.