Fuse MENA becomes iTVX's sole licensee in the Middle East

Fuse, Omnicom Media Group's branded entertainment unit, is celebrating its first anniversary in the Middle East by signing a ground-breaking exclusive license agreement for the region with iTVX, the leading branded entertainment/product placement valuation firm.

  • United Arab Emirates: Sunday, September 30 - 2007 at 12:24
  • PRESS RELEASE


Mai W. Jaouni, Director of Fuse in Dubai and Frank Zazza, CEO of iTVX.
Mai W. Jaouni, Director of Fuse in Dubai and Frank Zazza, CEO of iTVX.

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Ignited by the European Union acceptance of product placement, PQ Media forecast that 'global product placement will grow five times faster than traditional advertising in the next three years'. As traditional advertising faces growing consumer avoidance and clutter levels in the region, product placement, which relies on brands being integrated in media content, is also rising fast here.

In the Middle East, Fuse has already developed several successful product placement campaigns for Chrysler and Kellogg's. In order to boost the appeal and reliance on product placement further, the practice must be rooted in accountability, just like any other advertising investment decision.

'The iTVX system allows us to measure the 'quality' of product placement and that translates into accountability for our clients who are seeking to venture in branded entertainment,'



said Mai W. Jaouni, Director of Fuse in Dubai.

'Our clients are mandating that only what gets measured gets bought and the iTVX tools provide marketers with a turnkey analysis from pre-valuation on proposals to real-time analysis and post insights reports.'

Fuse chose iTVX over other branded entertainment measurement companies that merely syndicate reports monitoring the appearance of branded placement in media. The system delivers the 'Q ratio', a measure to acts a common currency between marketers, film or TV producers and broadcasters to help them derive the most value out of product placement. 'We needed a more robust system that gets granular and specific the iTVX system allows us to do additional research for our clients based on their measurements,' explained Jaouni.

As part of the agreement, Frank Zazza, CEO of iTVX, delivered a three-day 'Maximizing Branded Entertainment' boot camp-style course to the Fuse MENA core team. Zazza emphasized what makes a successful product placement operation and how they must deliver value to brand owners and entertainment professionals.

'I was very proud and excited about the branded entertainment knowledge the Fuse core team had and developed in the three days,' said Zazza.

iTVX is already being used in the USA, Canada, the UK, Switzerland, India and Japan by broadcasters, branded entertainment firms, media specialists and media technology groups.




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Notes and media contacts

About Fuse
Fuse is the branded entertainment specialist unit of the Omnicom Media Group, the holding of OMD and PHD. Present in more than 20 countries, Fuse is the result of a joint venture between Omnicom's Radiate Group and Omnicom Media Group. The Radiate Group operates 24 marketing services companies in 40 countries. OMD and PHD are multi-award winning communications planning networks. Omnicom Media Group is the media services unit of the Omnicom Group, the world's largest communication group that also owns three agency networks, BBDO, DDB and TBWA.

Contact:
Mr Eric Mirabel
Business Development Director
Tel: +971 4 390 4235

About iTVX
iTVX is the global leader in measuring the quality of product placement and branded entertainment. The company has developed proprietary tools that help marketer's pre valuate branded entertainment opportunities with expert analysis and post insights for measuring ROI. www.iTVX.com

Contact:
Ms Stephene Kelley
Chief Strategic Officer
Tel: +1 914 633 9111 (ext 121)
Medilyn Manibo Posted by Medilyn Manibo, Assistant News Editor
Sunday, September 30 - 2007 at 12:24 UAE local time (GMT+4)

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