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The Bottom Line

Advertising

The Bottom Line

BBC

Society & Culture, Personal Journals, Business

4.6606 Ratings

🗓️ 19 July 2018

⏱️ 28 minutes

🧾️ Download transcript

Summary

The UK has been a global leader in the Advertising Industry since the end of the last century. But like many businesses it's now facing disruption from technology. Pop up banners on the internet and social influencers are cheaper and more immediate. Evan Davis and guests discuss whether a data driven approach to advertising will eventually kill creativity.

GUESTS

Sir John Hegarty, Co-Founder BBH

Rohan Midha, Managing Director, PMYB

Rory Sutherland, Vice-chairman, Ogilvy

Producer: Julie Ball.

Transcript

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0:00.0

This is the BBC.

0:03.6

In this edition of the bottom line, we're looking at an industry that's in the middle of enormous disruption.

0:09.2

Advertising.

0:10.8

Hello, welcome to the programme.

0:13.0

Unsurprisingly, we often find ourselves discussing how some industry or other is being disrupted by new technology.

0:19.1

And today's programme fits that pattern because we're going

0:22.4

to think about advertising and how it's changing. It's a bit of a caricature, but one might think

0:27.6

of a golden age of brilliant, funny, well-directed, artistic ads, the sort of production that

0:33.2

Ridley Scott could build a career on before moving on to blockbuster movies like Blade Runner.

0:38.4

These days, it's different.

0:40.4

A media consumption online is less linear than broadcast television viewing.

0:45.4

Ads have had to adjust.

0:47.3

Social media has changed everything too,

0:49.9

and data has become more voluminous than ever and more important.

0:54.1

Micro-targeting Cambridge Analytica style?

0:56.5

Is that the new skill that's needed?

0:58.7

Or is the old school talked about creative ad

1:01.6

still the best way to build a brand?

1:04.3

Well, perhaps my guests can answer some of these questions.

1:07.1

Two of them are stalwarts of the great advertising decades of the past,

1:10.7

while the third is from an internet marketing platform that is growing quickly.

1:15.1

Let's meet them now. First up is Sir John Heggaty, creative founder of Bartle-Bogel Heggaty. John, the ads that your company is most famous for.

...

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