News > Account Activity
SaveE-mailPrintMost PopularRSSReprints

Discover Biz Shifts to MediaCom

Incumbent Starcom did not defend, owing to BofA conflict

Sept 4, 2008

- Steve McClellan


adweek/photos/stylus/37981-DiscoverCard.jpg

Discover's ad spending has been on the rise.

NEW YORK Discover Financial Services has selected WPP Group's MediaCom to handle approximately $90 million in buying and planning duties after a review, the client has confirmed.

Publicis Groupe's Starcom was the incumbent, but did not defend because of a conflict with its $250 million Bank of America account, per sources. Starcom won BofA in March following a review.

MediaCom president Barbara Cipolla said, "Our selection by Discover Card as their media investment partner speaks to MediaCom's reinvigoration as a fully integrated agency across all media disciplines and all of our offices. We will be working with Discover to further enhance their sales and brand awareness through traditional and digital media, as well as through highly visible associations with premier entertainment events."

Beyond confirming its selection, the client declined further comment.

Spending in the highly competitive credit card category is up 25 percent for the first six months of the year, according to Nielsen Monitor-Plus, and the client has significantly increased its media outlay over the last several years. In fact, Discover doubled its ad spending to $125 million in 2006 and almost doubled it again last year to $245 million, per Nielsen.

The spree continues this year, as the Riverwoods, Ill.-based client spent slightly more $275 million on ads through the first six months of the year.

Aegis Group's Carat and the creative incumbent, Interpublic Group's The Martin Agency, also contended for the media business. The creative was not in review. Martin won that assignment in April 2006.

The Discover Card was launched in 1986 and for many years was owned by Dean Witter and then Morgan Stanley. Last year Morgan Stanley divested Discover as a separate publicly traded corporation.

Jones Lundin Beals in Chicago managed the media review process.

This story corrects and updates an earlier item with a revised spending estimate; the business moving to MediaCom is worth $90 million, not $275 million as originally reported. Adweek regrets the error.


Discover Biz Shifts to MediaCom

Incumbent Starcom did not defend, owing to BofA conflict

Sept 4, 2008

- Steve McClellan


adweek/photos/stylus/37981-DiscoverCard.jpg

Discover's ad spending has been on the rise.

NEW YORK Discover Financial Services has selected WPP Group's MediaCom to handle approximately $90 million in buying and planning duties after a review, the client has confirmed.

Publicis Groupe's Starcom was the incumbent, but did not defend because of a conflict with its $250 million Bank of America account, per sources. Starcom won BofA in March following a review.

MediaCom president Barbara Cipolla said, "Our selection by Discover Card as their media investment partner speaks to MediaCom's reinvigoration as a fully integrated agency across all media disciplines and all of our offices. We will be working with Discover to further enhance their sales and brand awareness through traditional and digital media, as well as through highly visible associations with premier entertainment events."

Beyond confirming its selection, the client declined further comment.

Spending in the highly competitive credit card category is up 25 percent for the first six months of the year, according to Nielsen Monitor-Plus, and the client has significantly increased its media outlay over the last several years. In fact, Discover doubled its ad spending to $125 million in 2006 and almost doubled it again last year to $245 million, per Nielsen.

The spree continues this year, as the Riverwoods, Ill.-based client spent slightly more $275 million on ads through the first six months of the year.

Aegis Group's Carat and the creative incumbent, Interpublic Group's The Martin Agency, also contended for the media business. The creative was not in review. Martin won that assignment in April 2006.

The Discover Card was launched in 1986 and for many years was owned by Dean Witter and then Morgan Stanley. Last year Morgan Stanley divested Discover as a separate publicly traded corporation.

Jones Lundin Beals in Chicago managed the media review process.

This story corrects and updates an earlier item with a revised spending estimate; the business moving to MediaCom is worth $90 million, not $275 million as originally reported. Adweek regrets the error.
Post a Comment
Asterisk (*) is a required field.
* Author:
* Comment:
 
The opinions expressed in comments are those of the individual poster. They do not necessarily reflect the views of Adweek or Nielsen Business Media. Attacks of a personal nature and comments that are otherwise inappropriate may be removed.

Other Account Activity News

bizweek

Bloomberg Contacts Shops

November 20, 2009

The publisher has reached out to agencies to develop its biggest-scale marketing campaign. Read Full Article



Our ProductsOur Products

ADWEEK DAILY UPDATE

Receive a comprehensive roundup of the biggest stories of the day.

SUBSCRIBE

Stay connected to what's happening in the advertising industry with delivery of the print edition and complete online access.

More VideosVideo





Adweek Advertising Home | Advertising Industry News | Creative TV Advertising | Advertising Industry Community | Video Advertising | Advertising Data Center | Advertising Special Reports | Advertising Careers | Advertising Products | Advertising About Us | Advertising Business Statements | Advertising Contact Us | Advertising Opportunities | Ad Licensing | Advertiser FAQ | Advertising Magazine Subscriptions | Subscriber FAQs | Advertising News RSS | Online Ad Site Map | Mobile

© 2009 Nielsen Business Media, Inc. All rights reserved. Terms of Use  |   Privacy Policy