LG Electronics calls global media pitch

Incumbent Havas declines to participate

LG Electronics has called a review of its global media business, Campaign has learned.  

Havas Media Group has held the global LG media account outside the US since 2013, when the Korean-based electronics and appliance giant shifted the bulk of global media duties over from Mindshare.

However, Campaign has learned that the incumbent will not be participating this time around.

In a statement to Campaign, Havas noted: "The relationship between Havas Media Group and LG Electronics has been a long and fruitful one, and one that Havas Media has placed high value in.

"However, we have made the strategic decision not to take part in the upcoming review."

R3 Worldwide estimates LG’s global media spend at about $800 million.

Campaign has contacted LG for comment. It has not confirmed the review.  

In 2016, LG Electronics USA chose Horizon Media as its agency of record for communications planning and paid media.

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