| MediaCorp
Merges Sales Units |
On
1st Sep, MediaCorp Group announced
the merger of the sales, marketing and creative functions
for four of its subsidiaries: TODAY
(Press), MediaCorp Radio (Radio), Channel News Asia (TV)
and MediaCorp Publishing (Print).
The
aim for this merger is to provide advertisers a one-stop
platform in addressing their marketing needs. This
integrated sales force will seek to provide advertisers holistic
marketing solutions that will cut through the clutter,
riding on economies of scale and synergies between the mediums.
The
growing global trend towards cross-media advertising is
increasingly displayed in Singapore. Earlier on,
SPH had taken this route of integrating their multiple
platforms. MediaCorp's current move is also a response
to that.
Essentially, the media owners are all vying for
the same pie, looking to increase their revenue.
This move aids to open
up more opportunities for advertisers
to cross-fertilise amongst
the mediums, allowing messages to be put across in different
ways. Potentially, this will rake in more revenue for the
media owners.
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