GroupM
Former IMG and GroupM executives Toh and Nichols launch D2C venture fund
Former IMG and GroupM executives Toh Jin Wei and Simon Nichols have launched a new venture capital firm to support early-stage start-ups in the Asia-Pacific direct-to-consumer sector
Indian sports sponsorship spending passes $1.2bn, report says
Sports sponsorship spending in Indian grew by 19 per cent in 2019 to more than Rs9,000 crore ($1.2bn), according to sports marketing agency ESP Properties' annual report on the market
GroupM shuffles the pack | Two Circles becomes flagship rights-holder facing agency
ESP Properties was launched in June 2015 as WPP’s attempt to create a sports marketing major to challenge the likes of IMG. Last year, its UK team was absorbed by its Two Circles division. In July 2018, its US operations were sold off. GroupM, the WPP subsidiary which created ESP, doesn’t see this as a failure or retrenchment. Some rivals and independent sponsorship experts have a different view.
Engine Shop acquires IEG
US sports and entertainment marketing agency Engine Shop has today (Monday) acquired sponsorship consultancy practice IEG from advertising media company GroupM