NEWS: Y&R loses out to WPP in global Kodak coup
By EMMA HALL, campaignlive.co.uk, Friday, 23 February 1996 12:00AM
Kodak has aligned its pounds 200 million worldwide account with WPP agencies. The global spoils will be shared between J. Walter Thompson and Ogilvy and Mather, although Kodak has not yet allocated its individual business in each country.
Kodak has aligned its pounds 200 million worldwide account with WPP
agencies. The global spoils will be shared between J. Walter Thompson
and Ogilvy and Mather, although Kodak has not yet allocated its
individual business in each country.
The UK incumbent on Kodak is Young and Rubicam, which will lose pounds 6
million worth of business here, while across Europe the realignment will
deprive it of dollars 30 million in billings in a total of 14 countries.
JWT already holds most of the Kodak account in the US, although Y&R will
lose all of its portion of the business there too.
A Y&R source said: ‘We are the most award-winning and experienced
photographic film agency in Europe. We wish Kodak well, but we intend to
put that expertise to good use in future.’
Y&R holds the Fuji account across the whole of the Far East, as part of
the agency’s partnership with Dentsu, and is expected to target the
client aggressively across the rest of the world, where most of the Fuji
account is held by Saatchi and Saatchi.
The Kodak account has switched between JWT and Y&R in recent years, and
Kodak is thought to have been unhappy about the inconsistency of its
global corporate branding. Y&R won back the account only last year,
after it had been handled by JWT for a number of years.
Wunderman Cato Johnson, Y&R’s below-the-line agency, which handles
Kodak’s direct marketing account, is expected to keep its share of the
business, regardless of the international centralisation into WPP.
JWT and O&M in the UK are both in the dark about the UK repercussions of
Kodak’s move. Mike Walsh, O&M’s chairman, said he was still waiting for
details of the realignment.
This article was first published on campaignlive.co.uk
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