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Latin America

Grey Group gains majority stake in Peru-based agency Circus

Advertising and marketing agency Grey Group has wrapped up an agreement to acquire a majority stake in Circus Peru S.A., the largest independent advertising agency in Peru, for an undisclosed sum. Grey Group belongs to holding global communications services company WPP.

Soccer World Cup expected to ad US $500 million to Latam Ad Expenditures

Global ad spend will increase by 5.6% at current prices in 2014, according to Warc. ZenithOptimedia, however, predicted a 5.4% growth for 2014.The FIFA World Cup is believed to be one of the main drivers of this growth estimated for 2014. The FIFA World Cup will boost this global ad spend approximately by US $1.5bn this year and especially in Latin America, where it may add US $500m to the region ad market.

8 Facts showing why Smartphones are conquering Latin America

Global trends for 2014 agreed that the rise of mobile devices in communication strategies, advertising, marketing and media, and the expected numbers, it seems to have come up short according to several studies on the mobile market in Latin America, display here.