GroupM Surpasses Women's Sports Ad Investment Goals
GroupM has exceeded its initiative to double ad spending on women's sports, signaling a significant industry shift.
- GroupM, the media buying agency, has exceeded its goal to double ad spending on women's sports within months.
- Over 20 major advertisers, including Adidas, Google, and Unilever, have increased their commitments to women's sports.
- Media companies like Disney and NBCUniversal are offering new advertising opportunities for the 2024-2025 broadcast year.
- Record-breaking ratings for women's college basketball and the WNBA have contributed to the surge in ad spending.
- The initiative reflects a broader movement toward prioritizing and monetizing women's sports, with projected revenues exceeding $1 billion in 2024.