Tag

Ad Industry

All articles tagged with #ad industry

advertising2 years ago

Anheuser-Busch Exec Admits Wake-Up Call After Bud Light Controversy.

The ad agency behind the controversial Bud Light campaign featuring transgender activist Dylan Mulvaney won the ad industry's top award at the Cannes Lions Festival. Marcel Marcondes, the top executive of Bud Light's parent company AB InBev, was honored with the Creative Marketer of the Year award. While opinions on the company accepting the award were mixed, Marcondes labeled the partnership with Mulvaney a "wake-up call" for the industry after consumers boycotted the brand, making it lose the title of best-selling beer in America.

finance2 years ago

The Fallout and Future of Banking in the Wake of Silicon Valley Bank's Collapse.

The collapse of Silicon Valley Bank has led to a reality check for entrepreneurs and CEOs in advertising, with ad execs starting to see things they may not have anticipated, namely that confidence in banks is all relative. Going forward, many future startups in this space will be a lot more strict about who they are banking with and lead to a lot more diversification. The collapse of Silicon Valley Bank has contributed to a more consolidated supply chain, with weaker companies being weeded out.