Ad nauseam at Eurotel
We're not usually in the thankless business of making
predictions, but this time we'll go out on a limb. Marketing &
Media reported on Mon. that Eurotel is reviewing its media
planning and buying agency. We predict that the contract will be
stripped from Starcom soon and handed to Mediaedge:cia,
Young & Rubicam's media affiliate, and that Y&R itself will be
given Eurotel's creative contract. There are signs that the
decision has already been made. Insiders say that the strict
procurement process that existed under the foreign-led
management has been circumvented to the point of oblivion.
Contracts, we are told, are now handed out on the basis of
political affiliation, friendship, and worse. Politicians who in one
way or another profit from this might not care, but taxpayers
and minority shareholders deserve to know what's happening to
their money. advertising agency
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