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The number of major creative reviews has continued to fall during the past six months, according to new figures published by the AAR.
The first half of 2002 included the commencement or resolution of only 40 creative pitches with a budget exceeding pounds 10 million, down from 55 during the first six months of 2001. The figure includes the creation of rosters for the Department of Transport and Vauxhall as well as the ongoing Royal Bank of Scotland review. Other large-scale pitches included Lloyds TSB, Prudential and Transport for London.
At the same time, the number of clients choosing to move their advertising account without a formal pitch remained relatively stable at 37 per cent of all account moves, down from 39 per cent a year ago.
MMO2, which ditched Abbott Mead Vickers BBDO for the start-up Vallance Carruthers Coleman Priest, and Citroen, which moved from Euro RSCG Wnek Gosper to Partners BDDH, both switched agencies without recourse to a pitch.
In contrast, media agencies' new-business prospects improved during the past six months with the number of major account moves increasing from 28 to 36. Hutchison 3G, Vodafone, British Gas and Blockbuster were among those clients launching or completing reviews with a value of more than pounds 10 million during the period.
The number of agencies shortlisted for creative or media pitches increased significantly from the first six months of 2001.
The ...