Telstra drops BWM Sydney from agency roster; Photon shares drop to all-time low of 5 cents

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Thumbnail image for Picture 498.pngAfter eight years of campaigns across a range of products and services for Telstra, Belgiovane Williams Mackay has been dropped from the agency roster – effective July 31.

The news was released to the ASX at 3.30pm which caused the share price of Photon – BWM’s owner – to drop to an all-time low 5 cents.

The agency created a string of memorable ad campaigns, including the famous “Patrick and Daniel” campaign for BigPond – specifically the much loved and awarded ‘Education’ spot – ranked number two on CB’s Top 30 Commercials of the decade – the effective ‘Call your mum’ campaign to increase usage and successfully re-introduced the Erncorp campaign for Telstra business.

Thumbnail image for MarkBuckman.jpegThe firing of BWM was no surprise to many industry watchers, coming fourteen months after the departure of BigPond chief Justin Milne and nine months after the departure of Amanda Johnston-Pell, the former executive director of brands and marketing communications. Both were big supporters of BWM.

Projects that would have been earmarked for BWM will now be shared between Telstra’s roster shops Ogilvy, Droga5 and Three Drunk Monkeys.

Says a Telstra spokesperson: “Telstra has been busy changing behind the scenes to better connect with our customers and this tighter agency roster will help us to communicate in the market.

 

“We thank BWM for its work with Telstra over the years and the contribution it has made in advertising new products and services to our customers.”

“It’s a brilliant innings by anyone’s standards and Telstra is a fantastic client that understands the power of starting conversations. The work was highly successful for them in terms of business results as well as creative and effectiveness awards,” said BWM CEO Paul Williams.

“We’ve had a great run working with them and we wish them the best going forward.”

Thumbnail image for BELGIOVANE-CANNES.jpgAdds BWM executive creative director Rob Belgiovane (left): “Our Patrick and Daniel campaigns for BigPond triggered one of Australia’s first social media dialogue across all demographics and, importantly, was loved by the Australian public, who voted BigPond ‘Rabbits’ the country’s favourite ad in both 2007and 2008.”

Other awards for Telstra work include two Gold and two Silver Effies for effectiveness, five Cannes finalists, a Silver and a finalist at New York Festivals, two Silver and one Bronze AWARD Awards, a highly commended and four finalists in Caxtons, two Silvers at ADMA, a gold and two Firsts at Mobius and the Grand Prix at the APG Planning awards.

On the plus side, BWM has this year won $50m in new business billings including the Kmart account, Selley’s, and Department of Health and Ageing.

“With the new business gains in Melbourne and Sydney we will be able to keep redundancies to a minimum,” said Williams.

Responsibilities on the roster over the last 18 months were mostly limited to Telstra Business.