This is an extract from The Drum’s Future of Media briefing from media editor John McCarthy.. You can subscribe to it here.
From Monday, TV is taking over The Drum. We've got some great long reads and round-ups coming down the line, so if you love TV as much as me, I expect you to switch yours off and tune in to us as we launch our two-week Future of TV deep dive. Until then...
The purpose of a media agency
Facebook, Dyson and Coca-Cola are reconsidering their global media accounts. After a quiet 2020 for pitches, the industry is now facing significant upheaval.
Senior reporter Chris Sutcliffe explored what clients are after in this latest wave of pitches reminiscent of 2015's mediapalooza.
Spoiler alert - they demand agility, data and e-commerce from media partners. So here's how the agencies are trying to meet those new needs.
Snap's ad reality
We're all jaded. It's official. I'm going to remind you how remarkable the tech we have at our fingertips is. And that brings me to Snap.
Brands are ACTUALLY selling things using augmented reality filters. It's not a gimmick anymore. Sure it's not for everyone but here is a true example of brands creating bottom-line helping content that people want to engage with. So I interviewed them about the development.
We dig into Snap's history of Lenses and how it finally clicked with the e-commerce efforts.
And if that interests you, I quizzed TikTok, Facebook, Snap, Pinterest and Twitch on reinventing shopping with social commerce a few weeks back.
This tech will attract a greater share of media budgets going forward. Especially now advances in measurement make it more of a performance than brand-building channel.
Grab your popcorn
Let's go to the biggest screen now. The moving pictures industry, you know, the movies. We're STILL waiting on the latest James Bond movie. And Godzilla vs Kong was forced to premiere on Amazon. Cinema advertising was the worst affected by the pandemic - for truly obvious reasons.
But they'll be back soon (in some form) with fewer outlets and therefore less inventory. Sutcliffe (he's been busy) explored what I hope will be a glorious return. Can the sector reignite the passion of audiences, and just as importantly, advertisers in the coming year? We explore here.
Now indulge me for a bit on the evolution of cinema. I've a real urge to watch classic cinema and live events on the silver screen. TV finales too surely? Imagine all those Line of Duty fans crammed into an Odeon. I may have watched Wandavision in the cinema every Friday too... We've missed the social viewing experience. Cinema needs to break its reliance on tentpole movies the way these movies have broken their reliance on cinema.
Facebook's also lifted Clubhouse's features - [Facebook, you can't be everything to everyone, stop reacting and start innovating]