Home Ad Exchange News ANA Retains Two Firms To Investigate Agency Rebates

ANA Retains Two Firms To Investigate Agency Rebates

SHARE:

bobThe Association of National Advertisers (ANA) is looking into kickbacks following allegations leveled at agencies.

Several months after the ANA formed a joint transparency task force with the American Association of Advertising Agencies (the 4As), it revealed Tuesday it has hired two firms, K2 Intelligence and Ebiquity/FirmDecisions, to do more fact-finding around the issue of media transparency.

The vetting process included 26 firms, said Bob Liodice, ANA president and CEO.

K2 brings investigative prowess and Ebiquity supports it with knowledge of the media and advertising industry.

“The scope of this project is very large and we’re talking about a lot of ground to cover,” Liodice told AdExchanger. “There are a lot of different things the agencies are saying and what you have is myriad facts and perspectives that need an independent, objective point of view.”

The consultancies will conduct extensive interviews (Liodice said it could easily extend into the triple digits) with media constituents, from agencies to marketers.

It will also be an anonymous process.

“It’s not our intention to name names or companies,” he said, adding that the ANA hopes to understand the extent to which the transparency issue plagues the industry.

“If we discover a relatively limited set of transgressions, for lack of a better word, we’d pack our bags and go home because things really aren’t that bad,” he added. “But if a large percentage of activity is not consistent with what we’d consider to be ‘sound operating principles,’ we will say something.”

K2 Intelligence and Ebiquity will be buttressed by the ANA’s media connections and partnership with the 4As, he noted.

The working group formed within the Joint Media Transparency Task Force expects to issue its first round of media transparency principles within a few weeks, a process which was already underway.

Subscribe

AdExchanger Daily

Get our editors’ roundup delivered to your inbox every weekday.

Although Liodice said K2 and Ebiquity’s respective efforts won’t be tied to a strict deadline, he expects to complete the first phase of the process, including the interviews, in a few months or around the new year; although it’s beginning the investigation domestically, Liodice said it could scale globally eventually.

The ANA’s latest announcement comes just days after the organization concluded its big Masters of Marketing Conference in Orlando.

The issue of media transparency came to a head during a previous ANA show – the Media Leadership conference last March – when former Mediacom CEO Jon Mandel lit a fire, alleging widespread kickbacks and questionable margin practices.

“It certainly put these issues into a different sphere,” Liodice acknowledged. “While the board realizes this is an uncomfortable area for everybody, they recognized we needed a truly independent study to understand the clarifying facts and what are the pieces of knowledge we need to set this industry straight.”

Check out footage from AdExchanger’s Clean Ads I/O conference, featuring an interview with the 4As, ANA and IAB:

Must Read

Lionsgate Enters The Ads Biz With An Exclusive Ad Server

The film and TV studio Lionsgate has chosen Comcast’s FreeWheel as its exclusive ad server to help manage and sell the growing volume of ad inventory Lionsgate creates with new FAST channels.

Layoffs

The Trade Desk Lays Off Staff One Year After Its Last Major Reorg

The Trade Desk is cutting its workforce. A company spokesperson confirmed the news with AdExchanger. The layoffs affect less than 1% of the company.

A Co-Founder Of DraftKings Wants To Help Creators Monetize Content

One of the DraftKings founders now leads HardScope, parent of FaZe Clan, aiming to bring FaZe’s content and distribution magic to creators beyond gaming.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters

APIs Have Had Their Moment, But MCPs Reign Supreme In The Agentic Era

On Tuesday, Infillion launched fully agentic media execution platform built on MCP, marking a shift from the programmatic to the agentic era.

Albertsons Launches New Off-Site Click-to-Cart Tech

The grocery chain Albertson’s is trying to reduce the time and number of clicks it takes to add an item to an online shopping cart. It’s new click-to-cart product should help.

Pinterest Acquires CTV Startup TvScientific (Didn’t CTV That Coming)

Looks like Pinterest has its eyes – or its pins, rather – fixed on connected TV.