David and Bates Enterprise merger, the Global Broadcast News (GBN) business has moved to David's former sister agency, Ogilvy. David had been handling the business since its inception.†
Ogilvy will handle both the channels in the GBN bouquet, CNN-IBN and IBN 7.†
Quite a few accounts have moved out of Brand David in the recent past. According to a source, the agency's Delhi branch now retains only two of its old clients, 'Nai Dunia' and Knockout Spray. Mumbai has retained most of its accounts so far. †
It is learnt that there was no formal pitch called for this business. The combined size of the business is estimated to be Rs 20 crore. Ogilvy, as of now, will continue working on the concept and positioning conceived by David.†
It is learnt from well placed sources that there was a strategic presentation as well. Work will be done on the tagline created by Brand David. The media group has evolved since its inception, and so have its communication needs. The agency and the client will now sit together to†discuss the channels' new aspirations and how to include the new perspectives in future communication.
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