Yum Brands Launches Review for $220 Million KFC Media Account
Posted in: UncategorizedAnd speaking of KFC, Yum Brands just launched a review of the fast food brand’s $220 million media business. WPP’s MEC has handled media duties for the brand for over a decade but opted not to participate in the review. According to Kantar Media, the brand spent around $55 million on measured media during the first quarter of 2016, down from $56.5 million over the same period last year.
“The search seeks to identify and select a world-class agency capable of deploying innovative media strategies while leveraging cost efficiencies and maximizing return on investment,” the brand said in a statement.
The review is being handled by Los Angeles consultancy Select Resources International. MEC has so yet to respond to a request to comment on the news, but the WPP shop has seen recent changes in several of its biggest accounts including AT&T, which recently consolidated its $2 billion account with Omnicom by picking BBDO for creative and the recently launched Hearts & Science for media duties.
KFC left former creative agency FCB for W+K back in February of 2015, following a closed review, with W+K subsequently launching a campaign featuring a revolving door of comedians/actors portraying Colonel Sanders, including Darrell Hammond, Norm MacDonald, Jim Gaffigan, George Hamilton and, currently, Rob Riggle.
