AstraZeneca reached a deal with the US government to lower prescription drug prices in exchange for a three-year tariff reprieve. If more Big Pharma deals with Trump mirror Pfizer’s and AstraZeneca’s, it signals the sector views the terms as favorable, since core revenue drivers remain largely untouched. Still, pricing pressure won’t subside anytime soon, with more drugs expected to be up for Medicare price negotiations. Big Pharma shouldn’t view these latest agreements as the end of the line, but rather as important learning moments for which drug pricing concessions will appease the administration.
On today’s podcast episode, we discuss how linear TV ad dollars are still managing to outweigh CTV ad dollars, what’s primarily responsible for driving growth in out-of-home ad spending this year, and if some new high-profile print media initiatives can stem the print ad spend bleeding. Join Senior Director of Podcasts and host, Marcus Johnson, Senior Analyst, Ross Benes, and Senior Forecasting Analyst, Zach Goldner. Listen everywhere and watch on YouTube and Spotify.
“Gaming is one of the most engaging channels, and what makes it particularly interesting is its ability to convert taps into transactions,” said Maya Kosovalic, vice president of marketing at L’Oréal-owned NYX Professional Makeup during Advertising Week New York.
A US-TikTok deal could be on thin ice again amid heightened trade tensions after President Trump threatened a 100% tariff on Chinese imports. Beijing has promised to respond to the tariffs accordingly—putting the popular short-form app’s US future at risk weeks after Trump signed an executive order to keep the app operational. Brands must recognize TikTok’s ongoing strength as a cultural engine among younger demographics, but continue viewing cross-platform strategies as a necessity, not a nice-to-have.
Warner Bros. Discovery (WBD) reportedly rejected a proposed acquisition from Paramount Skydance, claiming that its offer of $20 per share was “too low,” per Bloomberg reporting. WBD’s rejection signals that some legacy media players see more value in restructuring themselves than in merging on the cheap.
OpenAI announced a blockbuster deal to design its own AI chips in collaboration with Broadcom, continuing a trend of AI companies seeking partnerships and investments to own both ends of the AI stack, per The New York Times. OpenAI’s Broadcom deal is a turning point in AI strategy—from chasing smarter models to securing the power that fuels them. For enterprises, this is the moment to pick sides. The competitive advantage in the next decade belongs to those who align with partners that control their infrastructure, not just their algorithms.
Sports betting apps are now mainstream in the US. Since legalization, a wave of new bettors has put betting platforms front and center in sports media. EMARKETER projects the number of US online bettors will cross 50 million in 2026.
As Google’s Chrome and DuckDuckGo integrate AI tools into their browsers, Perplexity has launched its own, built with agentic AI capabilities from the ground up—Comet. When perusing products, Comet can take complex natural-language requests and surf review sites, listicles, and news articles to find top options. For users looking for an AI-first experience, Comet is a promising entry that blends active assistance with traditional web functions. However, given Perplexity’s recent scaleback on advertiser initiatives, AI search may not be the next frontier for ad formats. Continuing investments in traditional search options like Google Search is crucial to ensuring visibility.
Salesforce’s launch of Agentforce 360 is a sign that agentic AI is moving into the marketing stack, signaling that automation is becoming a core capability rather than a future experiment. Agentforce can help CMOs decide how far to push agentic AI across their marketing stack. To move from experimentation to deployment, CMOs should start with focused pilots in high-volume touchpoints like chat or email with clear success metrics, such as resolution time or customer satisfaction.
On today’s podcast episode, we discuss how Gen Zers are trying to limit their social media use, which platforms they are moving to (and away from), and where they are engaging with social creators offline. Join Senior Director of Podcasts and host, Marcus Johnson, Analyst, Paola Florez-Marquez, and Senior Analyst, Minda Smiley. Listen everywhere and watch on YouTube and Spotify.
Nearly half (46.9%) of US brand and agency marketers plan to invest in marketing mix modeling (MMM) over the next year, according to a July survey from EMARKETER and TransUnion.
With more signals than ever, and the AI tools to make sense of the data, retail brands can find new ways to engage customers and drive business value. But they need firm strategies and vision to avoid getting lost in the numbers, and many are finding in-store impact with digital efforts. At Advertising Week New York (AWNY), marketing heads at top brands, including McDonald’s, Gap Inc., bp and Visa, discussed their approaches to driving business value by elevating value for customers.
Perplexity is taking a step back from its advertising initiatives amid struggles to monetize AI search. Marketers should pause planned investments in AI search until search ads are measurable and proven to be effective. AI adoption may be growing, but there remains no clear evidence that ad formats in AI search provide returns.
With most official data still paused, private sources like ADP, Carlyle, and the NRF are shaping the economic picture ahead of the holidays—and it’s showing signs of strain. Retail sales rose 5.4% YoY in September but slipped month to month, while high earners kept spending as middle- and low-income households pulled back. Hiring has weakened, confidence remains muted, and Moody’s Analytics warns that nearly half of US states face recession risk. The evidence points to a slowing consumer sector and a holiday season defined by cautious spending and heightened competition.
Shein’s US sales fell 8% YoY in September, marking its second-worst month in three years and underscoring the impact of the Trump administration’s decision to end the de minimis trade loophole for Chinese shipments. The policy shift, which ended tariff-free imports under $800, stripped away a key cost advantage that had powered Shein’s $18 billion in sales last year. In response, the retailer has raised prices, refocused on Europe, and launched its Xcelerator program to attract brands. The company’s future now depends on evolving beyond its low-cost model as trade rules tighten.
OpenAI’s Sora iOS app sparked a wave of creative excitement—and an equally fast wave of scams. Exclusive to iOS and the web, Sora quickly climbed to the top of Apple’s download charts last week. But within days, the App Store was swarming with fake “Sora” and “Sora 2” apps, many hastily rebranded to ride the surge in interest. Opportunists exploit the gap between trademark enforcement, app verification, and public awareness—turning brand equity into bait. Brands must act fast to secure trademarks, domains, and search terms tied to new launches or risk losing trust and revenues to copycats.
This year’s Singles’ Day sales period will be the longest yet as Chinese companies look to maximize revenues. JD.com, Xiaohongshu, and ByteDance's Douyin are among those hoping to get a head start over sale originator, Alibaba. Whether this year’s Singles’ Day turns into a price war depends on how strictly Beijing chooses to stem “disorderly” competition in the retail sector. While the government is unlikely to apply new competition guidelines too strictly this Singles Day, given the event’s importance to businesses and its role as a barometer of consumer confidence, the rules will inform how Alibaba, JD.com, and their peers approach pricing in the future.
EQ Bank launched a banking platform for small businesses, according to fintech.ca. It includes a business checking account with no monthly fees or minimum balance, many types of transactions for free, up to 10 sub-accounts, and Canadian customer support. EQ Bank has created a huge opportunity for itself given the size of Canada’s addressable market for small businesses. Going head to head with Canada's large banks would be challenging, but small business services from a direct bank are compelling play: CIBC’s Simplii does not offer small business banking and Tangerine’s are limited.
India is piloting a program to allow consumers to shop and pay for products directly through AI chatbots using United Payments Interface (UPI), per TechCrunch. OpenAI’s ChatGPT is the first chatbot to join the pilot, with integrations for Google Gemini and Anthropic’s Claude to follow shortly. The agentic commerce pilot in India could inform companies’ shopping initiatives in the US, though the two markets differ significantly in how consumers use AI.