ID Comms

How much is a Cannes Lion worth? $10m on entries plus $500,000 for the party?

Sounds extraordinary doesn’t it but that’s what one Cannes veteran reckons one agency network spent on this year’s ad beanfeast. No idea if ‘entries’ includes board and lodging but it probably doesn’t.

One entry for the film awards costs around $900 with most of them around $600 so that makes well over 10,000 entries – can you do that?

My source may have been overdosing on the Domaine Ott and still bearing the scars but Cannes is undeniably big business these days and if you manage to impress one or more big advertisers with your performance then recouping some or indeed all of your outlay is certainly possible. And the PR benefits of winning big are, well, undeniable.

But it’s rather tough on smaller outfits who are likely to see their entries engulfed in a tidal wave of big network money.

Something for Andrew Robertson of BBDO and his boss John Wren of Omnicom to muse upon as they work out ways of wresting back the top creative crown from WPP’s Ogilvy.

You May Also Like

Andrew Robertson bbdo cannes lions creative crown entry costs John Wren ogilvy omnicom parties WPP

About Stephen Foster

Stephen is a former editor of Marketing Week and London Evening Standard advertising columnist. He wrote City Republic for Brand Republic and is a partner in communications consultancy The Editorial Partnership.
Share
Tweet
+1
Share
© Copyright 2013 More About Advertising, All Rights Reserved. With help of WPWarfare.com. | Cookies explained.