Business Standard

Sunday, December 22, 2024 | 10:20 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

How legacy advertising agencies are struggling in the digital era

Rediffusion isn't the only legacy brand to transition to a new generation of leaders.

Rediffusion’s ownership change points to how such agencies have struggled in the digital era and find safe harbour with new owners
Premium

Rediffusion’s ownership change points to how such agencies have struggled in the digital era and find safe harbour with new owners

Viveat Susan Pinto Mumbai
The change of ownership at Rediffusion, the country’s oldest ad­v­ertising agency, last week, did not take many industry observers by surprise. Founded by Arun Nanda, Ajit Balakrishnan and Mohammed Khan, all veterans in the field, in 1973, the agency had a solid brand-building and advertising history but had been struggling to adapt to the digital era in recent years. Khan ex­ited the agency in 1983 to start his own shop called Enterprise, which became En­t­erprise Nexus and then Bates Enterprise after it was acquired by WPP in 2013.

Rediffusion, on the other hand, had long associations with WPP and Dentsu, which

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in