Digitas's 'The Boycott NewFront' Kicks Off in New York City
*By Christian Smith*
Companies need to take a stand on social issues if they're to remain relevant with their customers and have a place in the media landscape. That's the takeaway from this year's Digitas NewFront, where more than 200 marketing and branding executives met to discuss the issues facing their industries.
"It's no longer enough to just say 'Hey two pizzas $9.99.,'" said Scott Donaton, the chief content officer of Digitas, in an interview Thursday with Cheddar. "The brands that try to sit on the sidelines right now are are actually being dragged into these debates whether they want to or not."
Those debates include gun control, gender equality, and police brutality, topics that were on the agenda at the NewFront this week in New York.
You don't typically hear such discussions at most conferences like this, where content providers usually present new ideas for advertisers to decide where best to position their brands. But the Digitas NewFront is different. Each year organizers choose a theme affecting the marketing industry.
Michael Kahn, the global brand president at Digitas, said the company picked "The Boycott" as this year's theme because the internet "is no longer neutral."
"We are now in such a different world with digital communications and channels, and always being on," said Kahn. "People can't afford to sit on the sidelines anymore."
Digitas put on the first NewFront in 2008, when broadcast TV still reigned supreme and digital content was beginning to grow. Since then, Digitas has pulled in partners such as Hulu, Google, and OATH, which now hold their own NewFronts.
The dreaded Netflix crackdown on profile sharing translated into a major boost in subscribers while the promised rate cuts seem to be a far off fantasy.
After the 2021 boom, IPO activity slowed down significantly, in part due to monetary policy – but things are getting moving again with tech-friendly companies like Iboutta and Rubrik making a public debut.
With an increasing demand for mental health services, one person wanted to change the therapy game. In 2017, CEO Alex Katz founded Two Chairs, a company that uses technology to match patients with the right therapist.
Not only is April Financial Literacy Month, it’s also the kickoff of the spring homebuying season. So now is the time to make sure you have a financial plan in place – and why it might not be wise for that to include buying your first home.
While the U.S. may slowly be on the path to lowering inflation (and therefore interest rates), Europe has thoroughly trounced America, putting it on the path to lower rates by this summer.
April's release of the monthly Housing Starts and Building Permits reports by the Census Bureau provides crucial insights into the construction activity in the housing market. These reports are an economic indicator, shedding light on the current state of the housing market and its broader economic impact.
Caitlin Clark is heading to the Indiana Fever, the number one draft pick and the highest-scoring college basketball player of all time. And while she may not be getting millions from the WNBA, there's a few ways she'll net compensation for her generational talents.