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Omnicom Sets $835 Million Deal for Commerce Products and Data Vendor Flywheel

Global marketing agency Omnicom announced an $835 million deal for Flywheel Digital, which offers digital commerce products and services for operations, media execution, and market intelligence.  Interestingly, the purchase announcement goes out of its way to promise that Flywheel’s “product and transaction data will be connected to Omni’s audience and behavioral data to provide unmatched insights and analytics.”   Sounds like they care more about the data than the services.

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Gen AI Models Made Unfair Use of News Media Materials: New/Media Alliance Study

November 1, 2023

If you need an example of what happens when AI companies operate without supervision, this News/Media Alliance study shows that generative AI model builders have drawn heavily on copyright-protected materials from news, magazine and digital media publishers without consent or compensation.  The study specifically argues that “fair use” exceptions to copyright protections should not apply.

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DTC Marketers Favor Social Influencers Over First-Party Data: Klayvio Report

October 31, 2023

Social media influencers are the top Direct-to-Consumer marketing channel (71%), well ahead of streaming TV (59%), retail media (40%) and SMS (28%), according to this Klaviyo study.  As a result, third-party data (84%) vastly outranks first-party (15%) and second-party (0%) data for 2023, although 67% expect second-party to be important in 2024.  Lack of a single customer view is the top tech stack challenge (73%) even though (or maybe because) just 13% report having a CDP or CRM system in place.

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