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Reinventing Marketing ROI – Through the lens of performance branding
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GroupM elevations: New roles for Vinit Karnik and Karthik Nagarajan
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GroupM India makes senior elevations
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Vinit Karnik has been appointed as Head â Sports, Esports and Entertainment, GroupM South Asia and Karthik Nagarajan as Head of Branded Content, GroupM India.
GroupM India, today announced the promotions of Vinit Karnik and Karthik Nagarajan. Vinit Karnik, the Business Head of GroupMâs Entertainment & Sports practice (ESP) will take over the new role of Head â Sports, Esports and Entertainment, GroupM South Asia and Karthik Nagarajan, Chief Content Officer for Wavemaker India will take on additional responsibility at GroupM in the new role of Head of Branded Content, GroupM India.
Prasanth Kumar, CEO of GroupM South Asia said, âDisruption and evolution go hand in hand and it also brought in opportunities in the content, sports and entertainment space and it is consistently redefining the market place. Over the years, we have been building these spaces by shaping great solutions for our clients. While we will con
GroupM India has announced the elevations of Vinit Karnik and Karthik Nagarajan. Karnik, the business head of GroupM’s entertainment and sports practice (ESP) will take over the newly created role of head – sports, esports and entertainment, GroupM South Asia. Nagarajan, currently chief content officer, Wavemaker India, has been given the additional charge of heading branded content for GroupM India. Kumar said, “Disruption and evolution go hand in hand and it also brought in opportunities in the content, sports and entertainment space and it is consistently redefining the market place. Over the years, we have been building these spaces by shaping great solutions for our clients. While we will continue to build on advertising technologies that will add speed and scale, we are equally committed to enhance our creative process and enable larger solutions in the content space. We are fortunate to witness leadership grow within, as they bring in exper
‘India headed for major recovery in ad spends’
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Ad expenditure to rise 23.2%: GroupM
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Ad expenditure to rise 23.2%: GroupM
India is expected to see a ‘major recovery’ in advertisement expenditure in 2021 following the slump the sector saw last year due to the COVID-19 pandemic.
In its report, ‘This Year, Next Year’ 2021, GroupM predicted that India’s advertising investment would reach an estimated ₹80,123 crore this year. This represents a growth of 23.2%, for the calendar year 2021.
India is the second-fastest growing market among the top 10 and will be the sixth-largest contributor to incremental ad spends in 2021 globally. In 2020, “the pandemic affected media investments,” said Prasanth Kumar, CEO, GroupM South Asia. “However, we have [seen] month-on-month upturn starting Q3 last year and are optimistic about the revival.” Digital was the only medium to witness a gain of $27 billion globally in 2020.
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