Plan A's Andrew Essex: 'The industry is ripe for reinvention'

What do you do after writing a book called “The End of Advertising?” If you’re Andrew Essex, you co-found an advertising company.  
 The advertising veteran launched Plan A last year, he says, with a different model in mind than the traditional holding company; “a leaner model, a lighter operating system.” Founded with MT Carney, Plan A is a collection of shops that includes Van’s General Store, Untitled Worldwide, Twin Studio and Beekman Social. 
 “It’s a new kind of holding company,” says Essex, a guest on this week’s Ad Lib podcast. “We tried to set up something that was an alternative for clients. They have two options right now: They can go to a Madison Avenue entity or they can hire a bunch of boutiques. Both have problems. So what’s a simpler model? Centralized account management and strategy and then allocate to a collection of boutiques who are best in class. But we give the client one [master service agreement] so it’s one throat to choke.” 
 At some point, he hopes to make acquisitions in the PR, or crisis communications space, and maybe voice. All of which invites the question: If he believes the advertising model is fundamentally broken, how does his holding company differentiate? For starters, he claims to stand out in stark contrast to another agency veteran launching a new collection of agencies: Martin Sorrell, who practically invented the model with WPP, beginning in 1985 and is starting from scratch at the age of 74 with his new venture S4.  
 “I... Continue reading at 'Advertising Age'

[ Advertising Age | 2019-09-12 09:00:00 UTC ]
News tagged with: #recent acquisition #parting ways #paid media #parted ways #important skill #decades ago

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HCG plans 20th anniversary publishing programme for Giraffes Can’t Dance

Hachette Children’s Group is preparing a new publishing programme next year to celebrate 20 years since the publication of Giles Andreae and Guy Parker-Rees’ picture book, Giraffes Can’t Dance, and bring the book to an audience of new readers. Continue reading at The Bookseller

[ The Bookseller | 2018-09-25 00:00:00 UTC ]
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Industry Notes: 2020 World Book Capital; Political Book Sales in the US; PRH Names New CFO

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[ Publishing Perspectives | 2018-09-21 00:00:00 UTC ]
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Industry Sales Dipped 1.4% in First Half of 2018

The 2018 sales decline was mainly due to a 13.6% drop in sales in the K-12 instructional materials segment. The two main consumer categories had gains with adult book sales up 4.2% and children’s/young adult sales inching up 0.3% over the first half of 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-09-07 00:00:00 UTC ]
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First Irish Book Week planned for the end of October

Bookselling Ireland and Publishing Ireland are launching Irish Book Week, a new nationwide celebration of Irish books and bookshops. Continue reading at The Bookseller

[ The Bookseller | 2018-09-07 00:00:00 UTC ]
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He shoots the shots — and so much more: Basketball Hall of Fame to honor photographer Andrew Bernstein

The Basketball Hall of Fame will honor Andrew Bernstein with the Curt Gowdy Award for print media excellence, recognizing far more than just his decades of work as the Southern California-based official team photographer of, among other teams, the Lakers, Clippers and Sparks. Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-09-04 00:00:00 UTC ]
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Industry Notes: Amazon ‘Prime Book Boxes’ for Children; National Book Festival September 1

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[ Publishing Perspectives | 2018-08-31 00:00:00 UTC ]
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Bloomsbury buys chicken industry probe

Bloomsbury will publish Grilled, about the fight for better conditions for farmed chickens, from American campaigner Leah Garcés. Continue reading at The Bookseller

[ The Bookseller | 2018-08-31 00:00:00 UTC ]
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Industry Notes: Penguin Random Opens Education Site, Cengage Unlimited Provided by Two Campuses

A new Penguin Random House site for educators markets curriculum-relevant titles from both the frontlist and backlist. And two programs are providing tens of thousands of Cengage's new subscription to students. The post Industry Notes: Penguin Random Opens Education Site, Cengage Unlimited... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-08-29 00:00:00 UTC ]
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'Godfather of the industry' Michael Sissons dies

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[ The Bookseller | 2018-08-29 00:00:00 UTC ]
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The Magazine Industry’s David Pecker Problem

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[ Folio Magazine | 2018-08-24 00:00:00 UTC ]
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Video: On BuzzFeed’s ‘Solid Bounce-Back Year’ and Its Plans for the Future

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[ AdWeek | 2018-08-21 00:00:00 UTC ]
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North of England publishers on obstacles to regional diversity in the book industry

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[ The Bookseller | 2018-08-18 00:00:00 UTC ]
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The Snowman's 40th anniversary plans unveiled

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[ The Bookseller | 2018-08-17 00:00:00 UTC ]
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Industry Notes: Germany’s Buchtrailer Awards and the UK’s Republic of Consciousness

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[ Publishing Perspectives | 2018-08-17 00:00:00 UTC ]
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Working class writers' festival planned for 2020

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[ The Bookseller | 2018-08-15 00:00:00 UTC ]
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New York Magazine Appears to Be for Sale | Industry Notes

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[ Folio Magazine | 2018-08-15 00:00:00 UTC ]
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Conde Nast’s turnaround plan faces hurdles

The magazine publisher will be competing with entertainment conglomerates, consulting firms and ad agencies for new revenue. The post Conde Nast’s turnaround plan faces hurdles appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-08-14 00:00:00 UTC ]
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Publishers Association: How Rights Sales Factor Into the UK’s Book Industry Revenues

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[ Publishing Perspectives | 2018-08-14 00:00:00 UTC ]
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Shambhala Plans Spring Launch for Children’s Imprint

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[ Publishers Weekly | 2018-08-10 00:00:00 UTC ]
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Industry Notes: Ingram Publisher Services Announces New International Illustrated Presses

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[ Publishing Perspectives | 2018-08-09 00:00:00 UTC ]
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