Microsoft reviewing prize over $ 1 b media account

Monday, 10 January 2011 00:01 -     - {{hitsCtrl.values.hits}}

(Reuters) - Microsoft Corp has put its estimated $1 billion media buying account into review, raising the possibility the business could move to an agency other than current partner Universal McCann, according to a source familiar with the account.

Universal McCann is a division of advertising holding company Interpublic Group and is a major player on Madison Avenue, with blue-chip clients including Exxon Mobil, Johnson & Johnson, and Sony Corp.

It would be highly unusual if Universal McCann chose not to defend the account during Microsoft’s review. Given its size and prestige, the account would likely attract keen interest from competing agencies.

“As a business best practice, Microsoft regularly evaluates its agency mix to ensure we retain the most qualified partners for our business needs across all markets,” Microsoft said in a statement.

The review was first reported by Advertising Age, which said Microsoft ranks No. 32 on its list of top U.S. advertisers, with a domestic advertising budget alone totaling more than $1.1 billion.

Universal McCann was not immediately available for comment.

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.

COMMENTS

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.