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

Other Publishing stories related to: ' Plan A's Andrew Essex: 'The industry is ripe for reinvention' '


U.S. Market Ripe for French Graphic Novels

A one day conference brought together publishers from both the U.S. and French markets to share statistics and explore the potential for bringing more Francophone comics to the U.S. market. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #market ripe


The 52-Storey Treehouse comes out on top at Australian book industry awards

Bestselling children’s fantasy series recognised, David Walsh beats Julia Gillard to biography prize, while fiction winner Brooke Davis also picks up new writer award, established in honour of publisher Matt RichellA children’s book has taken home the top prize for the first time in Australia’s... Continue reading at The Guardian

[ The Guardian | 2015-05-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #top prize #bestselling children #biography prize #writer award #matt richell


China at BEA 2015: China Has Ambitious Plans for BEA

The 2015 edition of BookExpo America will feature one of the biggest exhibits ever seen at the annual event—a 25,000-sq.-ft. display that will be home to China’s large contingent of publishers and authors. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ambitious plans #bookexpo america


Industry seconds Franklin’s fears for further cuts to libraries

Libraries, publishers and bookshops will suffer under a Conservative government, a leading independent publisher has warned. When collecting the Independent Publisher of the Year trophy at the Bookseller Industry Awards on Monday (11th May), Profile Books m.d. Andrew Franklin gave a strong... Continue reading at The Bookseller

[ The Bookseller | 2015-05-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #independent publisher #year trophy #profile books #majority government


Royalties and industry image debated at PA a.g.m

Publishers should start to spread money from the sale of ebooks fairly between themselves and authors, and not make assumptions when they start to experiment with new channels that “an author is going to be thrilled with it”, Association of Authors’ Agents president Sam Edenborough has... Continue reading at The Bookseller

[ The Bookseller | 2015-05-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #make assumptions #speaking today


EC to reveal plans for 'digital single market'

The European Commission is today (6th May) set to reveal plans for the “digital single market”, to remove barriers to online services across Europe. The plans would mean that customers across the European Union could all access the same digital services and products, including ebooks and... Continue reading at The Bookseller

[ The Bookseller | 2015-05-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #reveal plans #european commission #today 6th #online services #european union #digital services #including ebooks


Twitter boss confirms plans to expand curated 'experiences' to all users

Users should not panic about a Facebook-style filtered timeline just yet, but Dick Costolo says curation will happen for ‘logged in users’ as well as passing visitorsTwitter will expand its efforts to “curate” tweets and media for its users, according to chief executive Dick Costolo, although... Continue reading at The Guardian

[ The Guardian | 2015-04-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #published early


Bookings deadline for Bookseller Industry Awards

Table and seat bookings for The Bookseller Industry Awards will close in one week’s time (Tuesday 5th May 2015 at 5pm). There are a very few tables and seats left for the event, which takes place at the Hilton Park Lane on May 11th. Continue reading at The Bookseller

[ The Bookseller | 2015-04-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #takes place


What Two Media Outlets Think of Facebook and Its Relationship With the Industry

Facebook drives 25 per cent of all social referrals online, and its algorithm changes can boost or blast a publishers' figures almost overnight.   The social network is also reportedly in talks with news outlets inluding the New York Times a ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-04-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #media outlets


Digital Solutions Industry: Then, Now and the Future: Digital Solutions in India 2015

Over the last decade, publishers have seen many external factors impacting their business models. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital solutions #business models


Ig Plans Series on Books That Inspired Writers to Write

We all know how certain books, read at key moments in our lives, remain memorable and influential for years afterward. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #key moments


Orbit Plans to Serialize New K.J. Parker Fantasy Epic

In a literary experiment, fantasy novelist K.J. Parker will serialize his new epic story in monthly ebooks, writing it as he goes along. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #epic story


Frostrup returns as host of Bookseller Industry Awards

Mariella Frostrup is returning to host The Bookseller Industry Awards for 2015 for a second consecutive year. The BBC Radio 4 "Open Book" presenter, who was hugely popular with the audience at last year’s event, will be back at the helm of this year's ceremony at the Hilton Hotel on Park Lane,... Continue reading at The Bookseller

[ The Bookseller | 2015-04-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #mariella frostrup #open book #hugely popular #park lane #regular contributor #sky arts #book show


Reuters chief Andrew Rashbass to become executive chair of Euromoney

He leaves media arm of Thomson Reuters to join international publishing, events and electronic information group which is owned by DMGTAndrew Rashbass, chief executive of Thomson Reuters media arm Reuters, is leaving the company to become executive chairman of DMGT-owned Euromoney.Reuters... Continue reading at The Guardian

[ The Guardian | 2015-04-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #executive chair #thomson reuters #executive chairman #interim basis


Industry Stocks: March Performances

After the stock prices of all 13 companies on the Publishers Weekly Stock Index rose in February, there was much more of a split verdict in March, when prices rose at seven companies but fell at six. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #industry stocks #stock prices


From Bologna: Mattel Publishing Has New Plans

At the Bologna Book Fair, toy company Mattel announced new plans to publish books and digital stories for Barbie, Thomas & Friends, Fireman Sam and others. The post From Bologna: Mattel Publishing Has New Plans appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-04-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publish books #thomas friends #fireman sam


Publishing Industry Antics on April Fools

Books are a serious business, but the publishing industry had a little fun on April 1 to commemorate April Fools' Day. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #april fools #publishing industry


Piracy, Bookstore Closures Hamper Spain’s Book Industry

Elena Ramirez, editorial director of Seix Barral and director of international fiction for Planeta, Spain’s largest publisher, observes that the Spanish book industry has adjusted to a new normal after the country’s financial crisis. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book industry #international fiction #largest publisher #financial crisis


Literary Agent Andrew Nurnberg Partners with Turkey’s AnatoliaLit

Leading UK literary agency Andrew Nurnberg Associates is partnering with Istanbul’s AnatoliaLit agency to expand the agency's activities in Turkey. The post Literary Agent Andrew Nurnberg Partners with Turkey’s AnatoliaLit appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-03-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #anatolialit agency


Andrew Nurnberg to partner with Istanbul agency

Andrew Nurnberg Associates (ANA) and the Istanbul-based AnatoliaLit Agency are to go into partnership. The AnatoliaLit Agency was founded 10 years ago by Amy Spangler and Dilek Akdemir, and represents an international roster of publishers and agencies in its capacity as co-agents, in additional... Continue reading at The Bookseller

[ The Bookseller | 2015-03-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #andrew nurnberg #anatolialit agency #selling rights #harper lee