The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksWPP Regulatory News (WPP)

Share Price Information for WPP (WPP)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 812.40
Bid: 811.40
Ask: 811.80
Change: 16.00 (2.01%)
Spread: 0.40 (0.049%)
Open: 802.00
High: 820.60
Low: 800.00
Prev. Close: 796.40
WPP Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Acquisition

20 Apr 2023 11:00

RNS Number : 9241W
WPP PLC
20 April 2023
 

 

 

FOR IMMEDIATE RELEASE

20 April 2023

WPP PLC ("WPP")

WPP acquires sonic branding agency amp, expanding generative AI and brand experience design offering

 

WPP today announces the acquisition of amp, one of the world's leading sonic branding companies.

 

amp's expertise will strengthen WPP's offer in experiential branding and its ability to create high-quality, differentiated, and ownable sound experiences for clients. The acquisition comes as sound continues to grow as a vital branding element, with 75% of GenZ consumers saying that music helps them to feel more connected to brands[1].

 

amp will join WPP brand and design consultancy, Landor & Fitch, adding to the agency's expertise in delivering immersive brand identities that transform customer and employee experiences and set brands apart in a competitive marketplace.

 

Founded in 2009 by Michele Arnese, amp is based in the US, Europe and Asia, with main office hubs in Germany and the US. Its global team of more than 60 people has created award-winning sonic identities for some of the world's most influential brands, including Mastercard, Mercedes-Benz, Kraft Heinz, Deloitte, Shell, and General Motors.

 

amp's strategic rigour and deep expertise in music and sound is based on its Sonic DNA® design approach. This unique creative platform is elevated by Sonic Hub® - its AI toolset - allowing it to analyse, create and manage sonic assets, delivering these at scale by harnessing the potential of generative AI. This innovative approach ensures that a brand's audio content is consistent yet tailored to diverse audiences, delivering a seamless experience across all consumer touchpoints.

 

Mark Read, CEO, WPP, said: "With the rise of streaming, podcasting and short-form media, audio has become a critical component of the marketing mix. The acquisition of amp enhances our offer to clients, helping them create immersive experiences that engage consumers on a deeper level and drive their competitive advantage." 

 

Jane Geraghty, Global CEO of Landor & Fitch, said: "I'm delighted to welcome amp into the fold. The team is truly best-in-class and has effectively defined the rapidly growing sonic branding space with its work on clients like Mastercard and Mercedes-Benz. This acquisition gives us an unparalleled breadth of capability - graphic, digital, motion, physical, product and experiential - and now sonic. It will also help us accelerate our rapidly growing accessible design practice. I'm enormously excited about what we can achieve together."

 

Michele Arnese, Global CEO of amp, said: "We are excited to join the WPP family. This industry-first move shows the significance of sound as a must-have brand design and experience component. Integrating more closely with Landor & Fitch, true pioneers in brand design and consulting, will give us the opportunity to scale our award-winning Sonic DNA® design framework and our sonic AI platform Sonic Hub® within a broader brand identity context. Our global team of creatives, sonic experts, producers, client leads and researchers will team up with Landor & Fitch and WPP to unleash the power of audio, making brands sound better. We are beyond thrilled to begin this new chapter."

 

 

Further information

Louise Lacourarie, WPP

+44 (0)20 7282 4600 / +44 7741 360931

louise.lacourarie@wpp.com

 

Kellie Carey, Landor & Fitch

kellie.carey@landorandfitch.com Chris Bergin, amp - US Contact chrisbergin@ampcontact.com

 

Farah Syed, amp - EU Contact

farahsyed@ampcontact.com

 

About WPP

WPP is the creative transformation company. We use the power of creativity to build better futures for our people, planet, clients and communities. For more information, visit www.wpp.com.

 

About amp

amp is the world's leading sonic branding company. Utilizing its award-winning Sonic DNA®, amp creates holistic sonic identities for global brands. Leveraging sound, voice, and music, amp builds authentic connections for brands across audible touchpoints. With a diverse portfolio of clients, including Mastercard, Mercedes-Benz, Deloitte, Zurich Insurance, Uber, Klarna, and Kraft Heinz, amp activates 360º sonic experiences and assets. From digital advertising to branded content and user experiences, amp's Sonic Hub® Ecosystem uses AI-driven audio testing and voice technologies combined with implementation and research tools to deliver valuable audience insights and create sonic experiences for brands.

ampsoundbranding.com

 

About Landor & Fitch

We are a leading global specialist brand and design company, dedicated to creating transformative brands for ambitious clients. With 1,200 curious minds across more than 20 countries, our teams connect business ambition to brand strategy, expressed through expansive, differentiated design. Using data and analytics, we provide certainty to brand choices. With design capabilities that span graphic, digital, motion, sound, verbal, product and physical, we bring every facet of a brand to life. We help drive brand-led growth across multiple categories, with clients that include Apple, Bang & Olufsen, bp, Kellogg's, LEGO, Microsoft, Nike, Procter & Gamble, Singtel, S&P Global and WPP, to name a few. We are here to make a positive difference to our people, our clients and the world around us. We are proud to be part of WPP, a creative transformation company dedicated to building better futures.

https://landorandfitch.com/

 

 


[1] A study by PHMG found that 75% of 18 to 24-year-olds and 62% of under 45s say music helps them feel more connected to a brand, compared to just 41% of those 55 and over. Source: PHMG (2019)

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
ACQEANLEALDDEEA
Date   Source Headline
25th Apr 202412:55 pmRNSNotification of Major Holdings
25th Apr 20247:00 amRNSFirst Quarter Trading Update
2nd Apr 20241:45 pmRNSTotal Voting Rights and Capital
21st Mar 20245:00 pmRNSAnnual Report 2023 on Form 20-F
21st Mar 20244:19 pmRNSAnnual Report 2023 and AGM Notice
21st Mar 20241:19 pmRNSNotification of Trading Update
18th Mar 20244:31 pmRNSVesting of executive share award
13th Mar 20245:10 pmRNSExecutive Performance Share Awards
13th Mar 20245:10 pmRNSVesting of executive share awards
1st Mar 202411:08 amRNSTotal Voting Rights and Capital
27th Feb 20246:08 pmRNSNotification of Major Holdings
22nd Feb 20247:00 amRNS2023 Preliminary Results
8th Feb 20248:00 amRNSInvestment
7th Feb 202410:29 amRNSNotification of Major Holdings
1st Feb 202412:42 pmRNSTotal Voting Rights and Capital
30th Jan 20247:00 amRNSCapital Markets Day 2024
12th Jan 202412:45 pmRNSNotification of CMD and 2023 Preliminary Results
2nd Jan 20243:03 pmRNSTotal Voting Rights and Capital
11th Dec 20234:38 pmRNSDirector / PDMR Transaction notification
11th Dec 20233:02 pmRNSNotification of Major Holdings
8th Dec 202311:47 amRNSExecutive Share Awards
1st Dec 20235:04 pmRNSTotal Voting Rights and Capital
21st Nov 20231:05 pmRNSAcquisition
16th Nov 20233:23 pmRNSDIRECTOR / PDMR TRANSACTION NOTIFICATION
1st Nov 20232:17 pmRNSTotal Voting Rights and Capital
26th Oct 20237:00 amRNSThird Quarter Trading Update
10th Oct 20234:59 pmRNSNotification of Trading Update
2nd Oct 202311:58 amRNSTotal Voting Rights and Capital
7th Sep 20232:49 pmRNSBoard Change
1st Sep 20239:57 amRNSTotal Voting Rights and Capital
7th Aug 20233:01 pmRNSDirector / PDMR Transaction notification
4th Aug 20237:00 amRNS2023 Interim Results
1st Aug 20234:18 pmRNSTotal Voting Rights and Capital
11th Jul 202312:36 pmRNSNotification of Interim Results
3rd Jul 202311:50 amRNSTotal Voting Rights and Capital
20th Jun 20231:00 pmRNSAcquisition
1st Jun 202310:48 amRNSTotal Voting Rights and Capital
17th May 20232:46 pmRNSResults of AGM
16th May 202312:00 pmRNSVesting of executive share award
9th May 20234:15 pmRNSExecutive Share Awards
2nd May 202311:11 amRNSTotal Voting Rights and Capital
27th Apr 20237:00 amRNSFirst Quarter Trading Update
20th Apr 202311:00 amRNSAcquisition
11th Apr 202310:30 amRNSUpdate re FGS Global
3rd Apr 202312:50 pmRNSTotal Voting Rights and Capital
28th Mar 202310:40 amRNSNotification of Trading Update
27th Mar 20233:00 pmRNSAcquisition
27th Mar 20232:41 pmRNSExecutive Performance Share Awards
24th Mar 20237:00 amRNSAnnual Report 2022 on Form 20-F
23rd Mar 20234:21 pmRNSAnnual Report 2022 and AGM Notice

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.