homestoryboard18 NewsStoryboard18 Global News Break Confirmed: Publicis Media gets Spotify’s global media account

Storyboard18 Global News Break Confirmed: Publicis Media gets Spotify’s global media account

Spotify awards its media account to Publicis Media after a global pitch. Following the global realignment, Publicis Media gets the streamer's business in India. Storyboard18 broke the global exclusive story on February 1.

By Storyboard18  Mar 9, 2024 10:23:22 PM IST (Published)

2 Min Read

After a several months-long global review, streaming major Spotify has awarded its media account to Publicis Media. The Publicis Groupe-owned media investments firm has created a bespoke unit called Publicis OneVibe for the Spotify business. Following the global realignment, Publicis Media in India will handle the streamer's media mandate. Storyboard18 broke the global exclusive story and was the first to report on the pitch's conclusion, the winning ad firm and details of the pitch finalists on February 1.

As reported previously, India was not part of the global pitch after the streamer called for a review of its $240 million global media account in 2023. The global contest had come down to two ad holding company groups - Omnicom and Publicis. The incumbent is IPG Mediabrands' UM.

Spotify's media spends in India are to the tune of ₹100 crore, although some industry estimates suggest it is in the range of ₹50-200 crore. The media spend, however, is heavily skewed towards digital.