In-housing media responsibilities can yield strategic, operational and financial benefits for brands, but third-party agencies will retain an important role in the future, a recent study has argued.
Hudson MX, the media technology company, commissioned Modern Media Solutions (MMS), the consultancy, to interview 17 senior executives at 16 blue-chip marketers – collectively boasting a media spend topping $6bn annually – which have chosen to manage one or more elements of the media workflow internally, having previously engaged an agency to handle this activity. (Ascential, the owner of WARC, is an investor in Hudson MX.)
The objectives of this...