by: Scott Goodson
The corporate ad agency has been around since J Walter Thompson founded his company in 1864. After WWII, American and British agencies opened offices in cities around the world to advertise products to greater number of consumers. In the 50s TV transformed the industry and money made off the TV was astronomical. Smaller players were gulped down. Medium size players were merged and expanded all in the interest of maximizing profit derived from the expansion of TV advertising.