Lucy Shelley
Jul 14, 2024

Volkswagen Group confirms global media agency deal details

The contract with OMG begins in 2025.

Volkswagen: launched 'YourWagen' ad by Adam & Eve/DDB in May
Volkswagen: launched 'YourWagen' ad by Adam & Eve/DDB in May

Volkswagen Group has confirmed the award of its global media account to Omnicom Media Group and PHD after a global pitch and detailed the length of the contract.

PHD will hold the account for three years from the beginning of 2025 to the end of 2027.

Last month Campaign reported OMG was poised to retain the account.

A company spokesperson from the German automotive group said: "The Volkswagen Group's global media pitch has been successfully concluded. A three-year contract from 2025 to 2027 was signed with Omnicom Media Group.”

The contest has come to an end after beginning initially in 2021, followed by a nine-month hiatus and then a restart in 2023.

The review was run by Ebiquity, which worked with the brand to “develop a transformative media operating model."

Mark Gay, Ebiquity's chief client officer and global client partner for VW Group, said: “The dedication and efforts demonstrated by all agencies during the pitch process were remarkable, and we extend our congratulations to OMG on their appointment.”

PHD was the incumbent on the account, appointed in 2016 when it took over from WPP’s MediaCom.

The account is said to be worth $2.2 billion (£1.7 billion). 

OMG declined to comment.

Note: This article has been updated with Asia-Pacific data.

Source:
Campaign UK

Related Articles

Just Published

8 hours ago

Outrage-proofing a brand in the age of cancel culture

Taking a stand on social issues can boost your brand—or sink it entirely. Stephen Thomas talks about ensuring that your company's actions align with its values and resonate with all its stakeholders.

8 hours ago

Tech On Me: Alibaba's Q2 earnings are disappointing....

This week, we look at Alibaba's Q2 2024 results, Douyin cracking down on corruption, and the GroupM-Pacvue partnership, among other tech headlines in the region.

8 hours ago

Creative Minds: John Xu on how a reality show and ...

The Dentsu designer, once aspiring to a career in fashion, discovered his true passion in advertising, captivated by the industry’s freedom and creativity instead.

9 hours ago

Bloomberg Media's digital chief on gaining ...

As Bloomberg Media surpasses 600,000 subscribers worldwide, the news organisation’s chief digital officer, Julia Beizer, speaks to Campaign about the evolving nature of digital news and how the company is staying ahead of industry shifts.