Hearts & Science is the youngest addition to the global media investment galaxy, created by Omnicom in 2016 as the new home for the recently captured Procter & Gamble North America account. It has been built more or less from scratch rather than through acquisition, though much of what it does is based upon the work of existing analytics and programmatic unit Annalect, already a unit of Omnicom Media Group. The new agency aims to combine traditional media planning and buying disciplines with sophisticated analytics offering real-time insights into audience response and is backed up with extensive content creation services. There is a particular emphasis, inevitably, on digital media. Though the P&G win was its original motivation, Omnicom said from the outset that H&S would seek additional clients. The first such was another mammoth gain, the US AT&T account, poached from MEC. Together they are the two biggest media accounts in the US. Annalect founder and chief Scott Hagedorn moved over to become the first CEO of Hearts & Science. Recma estimated billings of $1.8bn for 2016, but this will have risen significantly following the transfer of AT&T in 2017. Though the bulk of its work is in North America, the agency is gradually rolling out a global network to support P&G in other countries. Subscribers may access account assignments and contact information. The searchable account assignments database is available to full subscribers to Adbrands.net premium services. Click here to access Adbrands account assignments (subscribers only); or see here for information on how to subscribe.
Which clients does Hearts & Science handle? Find out more from Adbrands Account Assignments
Who are the competitors of Hearts & Science? See ranking of Leading Media Agencies
Capsule checked 4th August 2017
Recent stories from Adbrands Weekly Update:
Adbrands Weekly Update 17th May 2018: P&G has chosen to carve up its various product segments into different silos, each of which is served by a slightly different team. Media for most of P&G's North American business was consolidated last year into Omnicom's newly formed Hearts & Science agency, though Carat retained a few brands. Now, all of P&G haircare - Pantene, Head & Shoulders, Herbal Essences - is moving to Carat, a combined gain for that network of around $245m in billings. Hearts & Science retains most other brands.
Adbrands Weekly Update 12th Apr 2018: Not for the first time, Procter & Gamble is changing the nature of traditional marketing. Its CMO Marc Pritchard - who has in recent months been arguably the industry's most vocal evangelist for new marketing models - announced the launch of a new unit that will combine personnel from three of the agency groups P&G works with to represent its laundry portfolio in North America. The as yet unnamed agency - working title People First - will combine staff from Publicis-owned Saatchi & Saatchi, WPP's Grey and Omnicom's Hearts & Science and Marina Maher Communications. Saatchi New York's CEO Andrea Vasquez will lead the new business in addition to her existing role, and the new entity will be based out of P&G's New York office, with additional representation at its Cincinnati HQ. This unprecedented strategy was tested successfully with P&G's widely acclaimed Tide campaign for this year's Super Bowl, overseen by a similar cross-industry team. It will now take charge of creative, digital, media and PR for Tide, Gain, Lenor and other brands with combined spend of over $500m. Someone somewhere must have started taking bets on whether or not this experiment will work. No one has tried blending personnel from three rival groups before. The last client to try anything similar was GM. Its Commonwealth agency for Chevrolet started life in 2012 as a partnership between Interpublic's McCann and Omnicom's Goodby Silverstein. That lasted a year before McCann took full control of the project. Separately, P&G has asked Hearts & Science to repitch media for its haircare portfolio, just two years after winning the business, in a closed content with roster rival Carat.
Adbrands Weekly Update 22nd Mar 2018: Another week, another loss for struggling Wavemaker. Pharma group Amgen is to transfer its $350m US media account to Omnicom's Hearts & Science agency. The business was previously split between Wavemaker's predecessor MEC and Omnicom's specialist healthcare media unit SSCG, which will retain its share of B2B duties. Amgen's drugs include Enbrel, Neulasta and Neupogen.
Adbrands Weekly Update 18th Jan 2017: Procter & Gamble split media in Japan between a new outpost of Omnicom's Hearts & Science network, that will itself be a JV with local agency Hakuhodo, and the Tokyo office of Carat. That decision largely mirrors the current set-up in the US. The business moves from Carat's ultimate parent Dentsu.
Adbrands Weekly Update 18th Aug 2016: It's been another great week for Omnicom in account assignments, this time at WPP's expense. AT&T has consolidated the bulk of its marketing with the US-based group. BBDOalready handled creative for the main AT&T brand, but it will also take over DirecTV from long-time incumbent Grey. At the same time, all media will move from MEC - it has been that agency's biggest account - to Omnicom's newly created Hearts & Science unit, created last year to handle P&G in North America. In an interview with Ad Age, AT&T's CMO Lori Lee and head of advertising Fiona Carter said Hearts & Science's digital and data-driven approach gave it a "slight edge" over WPP. MEC was said to have been confident it would retain the business until the final announcement. The account loss is likely to cast a cloud over WPP's 4Q results announcement next Wednesday.
Adbrands Company Profiles assess more than 1,000 leading advertisers, brands and agencies, and examine each company's business record, geographic strength and comparative performance within its chosen sector, including strengths and weaknesses, history, up-to-date news and top-line financial information. What else does the company do? How did it originate? What other brands does it own? How is it performing in the market? With what other businesses is it affiliated?
Adbrands Account Assignments is a database tracking account management for the world's leading brands and companies. In other words, which advertising agency handles which accounts in which countries. Fully searchable by brand, brandowner company or advertising agency, the database now contains more than 15,000 worldwide account assignments for over 4,000 leading brands.
New to the industry? See here for a brief summary of how the agency business is structured.
All rights reserved © Mind Advertising Ltd 1998-2018