Publicis Groupe has secured PepsiCo's unified global media business as the company consolidates its account structure, while simultaneously withdrawing from Coca-Cola's ongoing global media review.
ReadingWhen an agency withdraws mid-pitch, they are not losing sleep over it. They are protecting margin on the business they already have. Coca-Cola's media review just became a fight between Omnicom and Havas.
WatchPublicis will announce the Pepsi transition team within 14 days. If it includes their top three people, the account is strategic. If it does not, it is a revenue hold.