Proposed merger heartens Decaux

Jean-François Decaux, the chairman and co-chief executive of JCDecaux, has said he hopes the proposed "merger of equals" between Publicis Groupe and Omnicom will pave the way for consolidation among media owners.

Decaux: wants greater freedom for media owners to consolidate
Decaux: wants greater freedom for media owners to consolidate

The 54-year-old, who has led JCDecaux’s UK operation since the departure of Jeremy Male last year, told Campaign at Advertising Week Europe that he would welcome the merger if it meant media owners were granted similar freedoms to consolidate.

Decaux said: "Ten years ago, the Office of Fair Trading blocked our bid for [a] group [More O’Ferrall] by taking a market definition that is very narrow. They felt our main competitor was just the outdoor guy around the corner. Today, our main competitor is Google, ITV."

Commenting on the formation of a $35 billion marketing communications group, Decaux said: "Overall, I think it’s a good thing. In a global world, scale matters. It matters in our space and it matters in the agency space as well.

"The small companies on a local basis in our space don’t add any value.

"We have more than 200 people investing in research. We have R&D in Paris, Berlin and Singapore. Creativity is not the monopoly of large companies, but you need large groups to lead the game."

Subscribe to Campaign from just £57 per quarter

Includes the weekly magazine and quarterly Campaign IQ, plus unrestricted online access.


Looking for a new job?

Get the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.

Create an Alert Now

1 How Sainsbury's ads revolutionised the UK's food culture

Abbott Mead Vickers' press ads for Sainsbury's in the 1980s formed the most influential and culturally significant campaign the UK has ever produced, argues Paul Burke.

Just published