Marketing Brew // Morning Brew // Update
How brands are embracing Reddit.

It’s Wednesday. GroupM is getting a new name—and fewer employees. The WPP-owned media agency is reportedly planning a rebrand to WPP Media, and it’s also laying off staff, according to an internal memo from CEO Brian Lesser viewed by Ad Age.

In today’s edition:

—Katie Hicks, Alyssa Meyers

BRAND STRATEGY

The Reddit logo under a magnifying glass

Amelia Kinsinger

It’s no secret that AI “slop” is taking over the internet, prompting many internet users to look for actual human insights. For now, that often means adding “Reddit” to the end of Google search queries.

Reddit, which operates as a collection of forums for people to engage with topics ranging from TV shows to relationship advice, has reported growth in overall users and time spent on the platform since going public last year, and search traffic seems to be playing a big role in that growth. Executives have previously described the relationship between the platform and the search engine as “symbiotic.”

“People are getting tired of algorithms, they’re getting tired of AI-generated content and things like that,” Rob Gaige, director of global insights at Reddit, told us. “We’re giving them a real human platform, a place where they can connect with other people.”

There’s just one challenge: brands have been a bit slow to embrace the platform, perhaps due in part to Reddit’s reputation as a place where users are not exactly welcoming—and sometimes outright hostile—to sponsored content. It’s a perception the platform has sought to overcome as it rolls out new ad tools and continues to court advertisers. In a March report from eMarketer, Reddit’s ad revenues were found to be growing faster YoY than other social platforms, even though its overall share of social ad spend, as well as its revenue projections for the year, remain smaller. There’s a lot of room for improvement: as of December, 93% of brands in the Americas were not posting on Reddit in any capacity, per data intelligence platform Meltwater.

For brands that have chosen to use Reddit, some told us that the community insights and engagement as well as existing uncertainties on other social media sites make it worth diving into—as long as they approach the platform with care.

Read more here about what brands are learning as they lean into the platform.—KH

From The Crew

NEWFRONTS

LinkedIn with AI elements

Francis Scialabba

There was a new kid in town at NewFronts this year.

On Monday evening, LinkedIn hosted its first-ever NewFront presentation, helping to kick off the annual gathering of media and tech companies working to woo advertising execs with new product announcements, celebrity appearances, and eye-catching content.

The kind of content that’s typical on LinkedIn, though, tends to look a little different than what is common on platforms like YouTube and TikTok—meaning the kinds of advertisers LinkedIn is courting are a little bit different, too.

“There’s a handful of platforms that have a billion users that can drive really concrete results at scale—you can count them on probably one hand,” Matthew Derella, VP of LinkedIn Marketing Solutions, told Marketing Brew the morning after the presentation, which was closed to the press. “LinkedIn is the only one of those…with a platform that’s purpose-built for B2B advertisers.”

Read more about the presentation here.—AM

SPORTS MARKETING

Paige Bueckers, Breanna Stewart, and Sydney Colson in an Ally ad

Ally Financial

Ally Financial has been all over women’s sports since 2022, when the company committed to splitting its media spend equally between men’s and women’s sports within five years. Since then, the financial services brand has carved out a significant presence across leagues from the NWSL to Unrivaled, and major sporting events from the Women’s World Cup to March Madness to the Super Bowl.

There was one major women’s sports property that Ally didn’t have a big presence in, though: the WNBA. That’s about to change.

“The WNBA is one of the crown jewels, so you’ve got to be investing there to reach those fans [of women’s sports] in the right way,” Stephanie Marciano, Ally’s head of sports and entertainment marketing, told Marketing Brew.

When Ally broke into pro women’s basketball last year, the W already had an official bank in US Bank, but when that deal came up for renewal and the league was permitted to enter into conversations with other potential sponsors, Ally jumped at the chance. The partnership, which was announced last month in the short window between the end of March Madness and the WNBA draft, is already paying off, she said.

Continue reading here.—AM

Together With Chase for Business

FRENCH PRESS

French Press

Morning Brew

There are a lot of bad marketing tips out there. These aren’t those.

Show me: Read up on Pinterest’s new visual search capabilities that could make assembling a cowboycore outfit board more shoppable.

Expedient: Expedia’s head of CTV and audio, Alex McClure, weighed in on prioritizing audio in its media mix at a recent Spotify Sparks event.

Creatives, take a breath: Why Mischief’s co-founder and CCO doesn’t think AI is a threat.

Movers and spenders: A Realtor.com research study found that movers spend over $17,000 on products and services surrounding their move. That figure jumps about 15% for movers who use Realtor.com. See more insights.*

*A message from our sponsor.

A man standing on a platform swiping through digital screens surrounded by various marketing advertisements

Jiawen Chen

From print ads to platforms, the last 25 years have revolutionized the marketing industry. Marketing Brew maps the industry’s biggest shifts in an interactive timeline, exploring how we got here—and where we’re headed next.

Explore the last 25 years in marketing

METRICS AND MEDIA

Stat: $1.5 billion. That’s how much Ford anticipates the Trump administration’s tariff policies will affect its 2025 revenue ahead of interest and taxes, the company disclosed in its quarterly earnings this week.

Quote: “The dress code is supposed to be a springboard, not a straitjacket. If you don’t put your own distinctive stamp on it, you can quickly get lost in a feed of generic.”—GroupM strategist David Wilding, in a piece for The Drum about what brands can learn from the Met Gala

Read: “‘Thunderbolts*’ axes the asterisk to market its surprise title reveal” (the New York Times)

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✳︎ A Note From Chase for Business

*Customer Insights is generated from a variety of sources, including but not limited to certain transactions processed by Paymentech, LLC, also known as Chase Payment Solutions. Portions may also include intellectual property from Esri and its licensors and are used under license. Copyright © 2024 Esri and its licensors. All rights reserved.

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Customer Insights has been prepared for your general informational purposes only and is not designed to fully take into account all individual client circumstances, objectives or needs and therefore is not intended as a recommendation of a particular product or strategy. Customer Insights may not be relied on for tax, legal, investment or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. We are not liable for decisions made or actions taken in reliance on any of the information presented herein. The information or insights presented are intended to enhance your ability to reach all individuals regardless of age, income, gender or any other attribute and should be used in compliance with laws and regulations.

**JPMorgan Chase Bank, N.A. Member FDIC.

         
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