Starcom Mediavest to separate into two agencies with Australian launch of Mediavest
The Australian media agency landscape is to get a new entrant with confirmation the Publicis Group’s Starcom Mediavest is to split and launch Mediavest as a separate entity, Mumbrella can reveal.
The news comes just a week after the decision by Diageo to move their media account to Leo Burnet, with Mediavest to handle the buying for the account, a move which raised eyebrows within the industry.
However, Chris Nolan, CEO of both Starcom and Mediavest told Mumbrella: “Globally the Starcom Mediavest business operate both brands and in the UK and US they run independently and they are both of comparable size to each other.
Nice work Team Starcom & Chris