Clear Channel Outdoor’s innovative, multiyear global media buy with beverage maker Coca-Cola Co. will play a big role in the international rollout of the “Coke Side of Life” campaign, writes AdAge.
Paul Meyer, president-CEO of Clear Channel Outdoor, calls the agreement “pioneering. I suspect there’s been no other advertiser that’s done something like this.” Coke and the outdoor agency - which operates in more than 50 countries - will collaborate on the design, development and placement of billboards and other out-of-home elements.
The deal will help Coke adapt its campaign globally. “Usually, outdoor is bought on a country-by-country basis,” said a Coke spokesman, “and is used as a more tactical rather than strategic tool. This deal allows us to work more strategically in executing our efforts around the world.”
In recent weeks, Clear Channel Outdoor announced two international acquisitions: the $200 million purchase of airport ad company Interspace Services, and the acquisition of Van Wagner’s U.K. operations.
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