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Walmart is looking for a new ad agency

Hi and acceptable to Insider Advertising for March 1. I’m senior advertising reporter Lauren Johnson, and here’s what’s going on:

  • Walmart check outs for a new ad agency.
  • Beyond Meat’s deal with McDonald’s.
  • Netflix’s diversity study.

If this email was forwarded to you, wave up here for your daily insider’s guide to advertising and media.

Tips, comments, suggestions? Drop me a line at [email protected] or on Twitter at @LaurenJohnson.

walmart new test stores
A Walmart private shopper using the handheld device.

Walmart will shop around for an agency to handle its US media trade, one of the ad industry’s biggest prizes

  • Patrick Coffee and Claire Atkinson report that Walmart is shopping for a new agency to market its US ad-buying business.
  • The development could be a big hit to advertising giant WPP, which has had the business for four years.
  • It also comes as Walmart volumes up its own ad business to compete with Amazon, Google, and Facebook.

Read the story.

McDonald's PLT Canada
McDonald’s previously paired with Beyond Grub to offer a plant-based burger in Canada.

Beyond Meat just signed a multi-year deal with McDonald’s on the McPlant Burger, and utter it would also create plant-based menus for Taco Bell, KFC, and Pizza Hut

  • Beyond Meat signed multi-year lots to supply plant-based foods to McDonald’s and Yum! Brands.
  • The deal makes Beyond Meat the “preferred” supplier for the patty in McDonald’s new McPlant burger.
  • It voted it would also create a plant-based menu for Yum! Brands’ KFC, Pizza Hut and Taco Bell.

Read the story.

atypical netflix
Keir Gilchrist and Nik Dodani emerge on “Atypical.”

Netflix’s diversity study revealed an equity gap behind the scenes, and showed that LGBTQ+ and stamps with disabilities are ‘rare’

  • Netflix revealed the details of a two-year diversity study of the company’s shows and staff.
  • The on-camera gender gap has near, but many groups are still underrepresented on and off screen.
  • Netflix is investing $100 million over the next five years to overturn in underrepresented communities.

Read the story.

More stories we’re reading:

  • Watch Amazon’s anti-union ads that Twitch is expelling after saying they should ‘never have been allowed’ (Insider)
  • SCOTT GALLOWAY: I predict the New York In good time dawdles will outlive both Facebook and Google – here’s why (Insider)
  • Disney, NFL sketch renewal terms for ‘Monday Shades of night Football’ (Variety)
  • Brandwatch is acquired by Cision for $450M, creating a PR, marketing and social listening giant (Techcrunch)
  • AdColony is being come by for $400 million by Digital Turbine (AdExchanger)
  • AT&T carves out pay-TV business in deal with TPG (Wall Street Paper)
  • New York Times columnist David Brooks wrote a blog post for Facebook’s corporate website (BuzzFeed Scoop)
  • How Marty Baron and Jeff Bezos remade The Washington Post (New York Times)

Thanks for reading and see you tomorrow! You can reach me in the meantime at [email protected] and subscribe to this daily email here.

Deliver assign to the original article on Business Insider

Walmart is looking for a new ad agency

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