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Netflix Co-Founder Hastings Steps Down; Stock Falls 9%
Reed Hastings exits Netflix's board after 29 years as weak Q2 guidance spooks investors despite strong Q1 earnings. Leadership transition completes handover to co-CEOs Peters and Sarandos.
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Canva AI 2.0 Adds Agentic AI, Workflow Automation for Enterprise Teams
Canva AI 2.0 transforms the platform into a Creative Operating System with agentic AI and workflow automation. Enterprise teams can now generate multi-channel campaigns from a single brief.
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Netflix Ad Revenue Doubles to $3B as Advertiser Base Hits 4,000
Netflix's advertising business is doubling to $3B in 2026 with 4,000+ advertisers and 70% YoY growth. Ad-supported plans now drive 60% of new sign-ups globally.
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Why APAC Agencies Are Walking Away From Short-Term Client Deals
APAC agencies are walking away from short-term engagements as client instability and staff turnover make partnerships unsustainable. BMF's one-year Westpac exit signals a broader industry shift.
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OMD Taps Diversity Expert for Brisbane Growth Ahead of 2032 Olympics
OMD appoints diversity expert Harry Jayaweera as Managing Partner in Brisbane, signalling aggressive growth strategy ahead of 2032 Olympics. The move strengthens the agency's multicultural media capabilities.
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Shopee Wins Overall Brand Champion at PR Awards 2026
Shopee claimed Overall Brand Champion at MARKETING-INTERACTIVE's 13th PR Awards, winning eight trophies across cultural, literary, and SME campaigns. A dominant performance signalling eCommerce's growing PR influence in Asia.
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Why Apple's Free Business Platform Signals Enterprise Strategy Shift
Apple's free unified Business platform consolidates device management and brand visibility tools, signaling a major pivot toward enterprise customers and advertising revenue growth.
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Sony CEO Urges Cinemas to Cut Pre-Show Ad Blocks
Sony's CEO warns that 30-minute pre-show ad blocks are driving audiences away as reserved seating lets them skip ads entirely. Cinemas must compete with streaming's targeted formats or lose ad budgets.
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Ad Tech M&A Drops 11% as AI Funding Surges Past $400B
Ad tech deal volumes collapsed 11% in Q1 2026 while AI funding exploded past $400B. Strategic buyers are now hunting for incrementality measurement and identity resolution capabilities.
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Why Brands Are Ditching Static Websites for AI Agents
R/GA and G42 launched Alpha.G42.ai, replacing traditional websites with conversational AI that generates personalized content for each visitor. Brands must adapt as 80% of searches now result in zero clicks.
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Havas APAC Revenue Falls 6.2% on China, Singapore Client Losses
Havas APAC revenue dropped 6.2% in Q1 2026 due to client losses in China and Singapore, offsetting solid North American growth. The holding company is using acquisitions to rebuild regional momentum.
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FleishmanHillard's Global Consumer Culture Chief Steps Down After 11 Years
Lauren Winter steps down as FleishmanHillard's global consumer culture chief after 11 years, amid Omnicom's largest restructuring and widespread talent departures across the agency network.