Staff Reporters
Aug 6, 2010

Coca-Cola India reviews US$44 million media business

NEW DELHI - Coca-Cola India has put its media business up for review, with sources indicating that only agencies with a global relationship with the brand are involved.

Coca-Cola India reviews US$44 million media business

Coca-Cola India's media business is currently handled by Madison Media. The agency was appointed to the account, reportedly worth US$44 million, back in 1999.

Global agencies on the beverage giant's roster include UM, Starcom and Carat. Along with Madison Media, all these agencies are believed to be involved in the pitching process.

Coca-Cola currently works with Starcom in China and UM in Hong Kong, Malaysia and Korea. Carat handles the account in New Zealand.

According to a spokesperson from Coca-Cola India, "To stay ahead of the curve, we are evaluating our media planning and buying processes."

 

Source:
Campaign Asia

Related Articles

Just Published

5 hours ago

Spotify’s global ad revenue expected to reach $2.1 ...

Company plans to continue investment into video advertising and driving revenue through gen AI tools as it expects to grow by 13% in 2026.

5 hours ago

Publicis Groupe buys Mars United Commerce for ...

The acquisition follows Publicis Groupe’s purchase of Influential this summer.

15 hours ago

S4 Capital reports 13.5% revenue fall and increased ...

Its AI positioning has led to new business from blue chips, the group said.

15 hours ago

Breaking down the implications of Google’s ad tech ...

What both sides need to argue to win — and the potential ramifications to follow.