Sevenone Media terminates marketing agreements with Publicitas Cinecom & Media
Sevenone Media will no longer be working with Publicitas Cinecom & Media in 2011. IP Multimedia won the bid to handle the marketing for Sat.1 and Kabel eins.
The cooperation between Publicitas Cinecom & Media and Sevenone Media will not be continued after the end of the year. "It was with regret that we learned yesterday afternoon that Sevenone Media will not be extending the marketing contracts for Sat.1 and Kabel eins beyond 2010," says Alexander Horrolt, Head of Electronic at Publicitas Cinecom & Media. IP Multimedia has won the race for the marketing of Sevenone Media. From 2011, it will no longer only represent the ProSieben channel, which it has been marketing since 1997, but also Sat.1 and Kabel eins.
Detailed justification is still pending
Publicitas Cinecom & Media currently still holds the marketing mandate for the Swiss private channel 3+. Horrolt said this morning in response to an inquiry from Werbewoche that the company will make every effort in the current talks to continue to manage this mandate. "Publicitas Cinecom & Media will remain in the TV business and continue to focus on business development in the electronic sector. Our team will professionally fulfill its role as marketer of Sat.1 and Kabel eins for the remaining time and wishes the broadcasting group every success for 2011."
A detailed explanation from Sevenone Media as to why it has terminated its cooperation with Publicitas is still pending, Horrolt added. However, talks with Sevenone Media have been announced for the coming days. Sevenone Media's stake in IP Multimedia may be behind this move.
Employees in shock
According to Horrolt, it is not yet clear exactly how many employees at Publicitas Cinecom & Media will be affected by the termination of the two mandates. "We have of course considered the possibility that we will no longer market Sat.1 and Kabel eins," he emphasizes. "After all, we have been waiting a year for the decision on how to proceed. Nevertheless, this news must now settle. We will of course provide the best possible support to the employees affected."
The horror news hits many Publicitas Cinecom & Media employees during or shortly before the vacations - not good timing at first glance. However, negotiations for the 2011 financial year begin in the fall, when every marketer needs to know about their capacities. Horrolt is understanding: "There is no good time for news like this. Sevenone Media naturally waited to see how business would develop this year. I wouldn't have chosen a different time for the termination."
Anne-Friederike Wilhelm
Detailed justification is still pending
Publicitas Cinecom & Media currently still holds the marketing mandate for the Swiss private channel 3+. Horrolt said this morning in response to an inquiry from Werbewoche that the company will make every effort in the current talks to continue to manage this mandate. "Publicitas Cinecom & Media will remain in the TV business and continue to focus on business development in the electronic sector. Our team will professionally fulfill its role as marketer of Sat.1 and Kabel eins for the remaining time and wishes the broadcasting group every success for 2011."
A detailed explanation from Sevenone Media as to why it has terminated its cooperation with Publicitas is still pending, Horrolt added. However, talks with Sevenone Media have been announced for the coming days. Sevenone Media's stake in IP Multimedia may be behind this move.
Employees in shock
According to Horrolt, it is not yet clear exactly how many employees at Publicitas Cinecom & Media will be affected by the termination of the two mandates. "We have of course considered the possibility that we will no longer market Sat.1 and Kabel eins," he emphasizes. "After all, we have been waiting a year for the decision on how to proceed. Nevertheless, this news must now settle. We will of course provide the best possible support to the employees affected."
The horror news hits many Publicitas Cinecom & Media employees during or shortly before the vacations - not good timing at first glance. However, negotiations for the 2011 financial year begin in the fall, when every marketer needs to know about their capacities. Horrolt is understanding: "There is no good time for news like this. Sevenone Media naturally waited to see how business would develop this year. I wouldn't have chosen a different time for the termination."
Anne-Friederike Wilhelm





