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Now, it's time for World Business Report. | :00:00. | :00:15. | |
The world's biggest advertising agency is about to unveil its latest | :00:16. | :00:19. | |
numbers in an industry seen as a bell weather | :00:20. | :00:21. | |
Hundreds of flights cancelled and the stock market suspended, | :00:22. | :00:27. | |
typhoon Hato causes havoc in Hong Kong. | :00:28. | :00:35. | |
Also in the programme, we'll be looking at the gender pay | :00:36. | :00:41. | |
WPP, the world's largest advertising group, is due to report its latest | :00:42. | :00:49. | |
The advertiser is seen as a bellwether for an industry | :00:50. | :00:56. | |
that's changes dramatically in recent years. | :00:57. | :00:58. | |
While the total spent by brands globally on advertising in 2016 | :00:59. | :01:01. | |
where it's being spent is shifting significantly. | :01:02. | :01:08. | |
While traditional advertising sales were effectively flat, | :01:09. | :01:11. | |
global digital ad sales grew by 17% to 178 billion. | :01:12. | :01:16. | |
That number will, of course, keep growing, and by 2021, | :01:17. | :01:19. | |
it's estimated it will account for 50% of all adverts. | :01:20. | :01:26. | |
With me is Theo Izzard Brown, head of strategy at the advertising | :01:27. | :01:29. | |
Let's talk about this digital side of advertising, a growing side. What | :01:30. | :01:44. | |
challenges that ring to the industry? | :01:45. | :01:48. | |
There is a couple of ways to answer that question. The first one is the | :01:49. | :01:52. | |
transparency in question. We are seeing lots of media agencies or | :01:53. | :01:56. | |
stop pressure to make sure that the accounting is very clear, so | :01:57. | :02:01. | |
businesses know where their money is going and they can see what they are | :02:02. | :02:06. | |
spending. That is one aspect. Make creative standpoint, it is | :02:07. | :02:09. | |
incredibly exciting because the way we can see film and then gained with | :02:10. | :02:12. | |
stories, that is changing. Some of the issues are the invalid | :02:13. | :02:18. | |
traffic, about $16 billion a year in when they have viewing ads rather | :02:19. | :02:25. | |
than humans. What your clients say about those issues? | :02:26. | :02:29. | |
Understandably, they are very concerned. There is a huge amount of | :02:30. | :02:33. | |
pressure on Facebook to get on top of it more quickly to address those | :02:34. | :02:37. | |
things sooner rather than later. What about issues or content is | :02:38. | :02:41. | |
displayed alongside for example extremist context? What do they say | :02:42. | :02:46. | |
to you and what you do to prevent that from happening? | :02:47. | :02:48. | |
You cannot truly prevent that from happening. Critically on Facebook, | :02:49. | :02:55. | |
these things are shared wildly. -- widely. The idea has may well be | :02:56. | :03:03. | |
placed next to someone else's story. What you can do is ensure you put | :03:04. | :03:07. | |
media responsibly and work with your partners to do so. People have to | :03:08. | :03:12. | |
accept there may be a proportion of advertising you pay in which there | :03:13. | :03:15. | |
might not be happy. They certainly shouldn't expect that and they | :03:16. | :03:20. | |
certainly shouldn't deal with that because that is not their | :03:21. | :03:24. | |
responsibility, but yes, where your content appears and how consumers | :03:25. | :03:28. | |
respond is increasingly an area focused on. Traditionally, it was | :03:29. | :03:33. | |
all about TV ads and that is where the focus was. When a client comes | :03:34. | :03:38. | |
to you and says, we have a heritage idea about the advertising, but I | :03:39. | :03:47. | |
want to track more people. What focus is best? It is never a one | :03:48. | :03:51. | |
size fits all. It is absolutely through the audience the brand is | :03:52. | :03:56. | |
not -- after an a combination to create a consistent universe. There | :03:57. | :04:03. | |
may be a role for film and TV, but yes, the other channels contribute | :04:04. | :04:08. | |
equally. We are seeing more spend in non-traditional areas. It is not | :04:09. | :04:11. | |
just digital and TV, it might actually be physical installations, | :04:12. | :04:16. | |
some of the most exciting work this year has actually been interrupting | :04:17. | :04:21. | |
the physical space, the fearless girl statue in New York which was | :04:22. | :04:26. | |
placed opposite the charging bull. That was really in it to have use of | :04:27. | :04:32. | |
media. What was it advertising? It was promoting a unique fund which | :04:33. | :04:37. | |
invests in companies that are female CEOs on the board. Thank you very | :04:38. | :04:42. | |
much for your time. In Hong Kong, the city's stock | :04:43. | :04:43. | |
market has been shut down and flights have been | :04:44. | :04:46. | |
cancelled by Typhoon Hato, which has been battering | :04:47. | :04:49. | |
the financial hub. What impact it is Typhoon having on | :04:50. | :05:02. | |
business? Massive. The city is in a | :05:03. | :05:06. | |
standstill, it has created havoc on trade and business. The weather | :05:07. | :05:12. | |
bureau raised a storm warning to the maximum, Typhoon number ten signal, | :05:13. | :05:17. | |
meaning hurricane in force wind is expected. It was the first such | :05:18. | :05:22. | |
alert in five years and only the third time the Typhoon number ten | :05:23. | :05:26. | |
warning has been issued since 1997 when the former British colony was | :05:27. | :05:31. | |
handed over to China. The morning session on the stock exchange has | :05:32. | :05:34. | |
been suspended and officials say the stock market will be shut for the | :05:35. | :05:38. | |
rest of the day if a typhoon signal eight or higher is still in place by | :05:39. | :05:43. | |
the lunchtime break. So we will know in about half an hour of if indeed | :05:44. | :05:49. | |
the stock market will resume trading more will be shut for the remainder | :05:50. | :05:53. | |
of the day. Hundreds of flights and other transport services are being | :05:54. | :05:56. | |
cancelled, schools and most businesses in the financial hub are | :05:57. | :06:03. | |
still closed as the city is swept by the Typhoon. I lived in Hong Kong | :06:04. | :06:07. | |
many years ago and I have experienced these strong waves | :06:08. | :06:12. | |
crashing into the coastline, very -- ferry services suspended and the | :06:13. | :06:17. | |
usually crowded streets empty. It is indeed a very quiet day in the | :06:18. | :06:23. | |
business and straight front -- and trade front in Hong Kong. Thank you | :06:24. | :06:28. | |
for that. This week, we look at the business of death. Euthanasia is | :06:29. | :06:32. | |
legal in the Netherlands and Optus for those with terminal illnesses. | :06:33. | :06:35. | |
Anyone who's experiencing unbearable suffering with no chance of recovery | :06:36. | :06:38. | |
But as Anna Holligan reports, plans to relax the law further | :06:39. | :06:42. | |
are attracting opposition and accusations that insurers just | :06:43. | :06:44. | |
How all some of you to check out my channel right now. I am a stand-up | :06:45. | :07:00. | |
comedian and motivational speaker. She was a performer who adore the | :07:01. | :07:04. | |
spotlight, but in 25th team, she decided to end her life with you | :07:05. | :07:11. | |
than Asia. -- euthanasia. She was so young, 25. She had a lot of pain in | :07:12. | :07:18. | |
her body, physically and mentally, she couldn't deal with it. Her | :07:19. | :07:24. | |
doctor granted her request on the fourth time of asking. She said, | :07:25. | :07:31. | |
mum, Mum, I got news. I can go. It's my liberation Day. And she was such | :07:32. | :07:40. | |
a happy child. 6300 patients were given the night -- life ending | :07:41. | :07:45. | |
treatment in 2016, and 500 of them used this independent foundation. | :07:46. | :07:51. | |
The end of life clinic is a private company. They employ 55 teams | :07:52. | :07:56. | |
consisting of a doctor and nurse who travel to people both at home to | :07:57. | :08:00. | |
administer the lethal injection or a handover the lethal cocktail of | :08:01. | :08:06. | |
drugs. In a country where medical insurance is mandatory, its | :08:07. | :08:09. | |
insurance companies, not individuals that pay the bill. Given easier | :08:10. | :08:13. | |
Retix around the world are concerned about insurers focusing on their own | :08:14. | :08:20. | |
profits -- euthanasia. It is relatively cheap. As little as $400 | :08:21. | :08:24. | |
compared to the cost of treating a long-term terminal illness. The | :08:25. | :08:29. | |
director at the end of life clinic finds these accusations frustrating. | :08:30. | :08:34. | |
It is not about cost. What is driving us is to help these people | :08:35. | :08:38. | |
who are in a situation that they say, please help me die and there is | :08:39. | :08:43. | |
no other option. That is the reason. We are not cost driven, we are not | :08:44. | :08:47. | |
profit organisation. Insurance companies deny these | :08:48. | :08:52. | |
claims, saying, we never play a part in decisions made between doctor and | :08:53. | :08:55. | |
patient. And that such allegations are ridiculous and ill informed. | :08:56. | :09:02. | |
Although 85% of Dutch people broadly support the current law, advocates | :09:03. | :09:09. | |
of euthanasia want to relax legislation even further to allow | :09:10. | :09:12. | |
anyone over the age of 75 to choose death when they feel they have had | :09:13. | :09:17. | |
enough of life. These proposals have horrified the Netherlands's small | :09:18. | :09:22. | |
but lyrically powerful Christian lobby will stop debate continues. | :09:23. | :09:27. | |
For many thousands of people across the Netherlands, how it ends will | :09:28. | :09:29. | |
truly be a matter of life or death. In other news, the size of the | :09:30. | :09:42. | |
gender pay gap in the movie industry has been led by Forbes. It estimates | :09:43. | :09:49. | |
the top ten actors earn $480 million last year, three times more than | :09:50. | :09:52. | |
their female counterparts who took home $172 million. . That is it from | :09:53. | :10:06. | |
us. You can get in touch with me on Twitter. | :10:07. | :10:17. | |
The number of complaints about bin collections which were upheld | :10:18. | :10:23. |