The fight over principal media has moved on but advertisers are still catching up

The number that stands out in the WPP whistleblower filings isn’t the $100 million the complaint is seeking, or even the $1 billion GroupM was allegedly generating annually from undisclosed trading income. It’s 97.4% — the share of GroupM’s proprietary inventory that its own largest clients weren’t allegedly using. Google, its biggest U.S. client at $2.3 billion in annual billings, was using less than 1%.

Those figures came from GroupM’s own internal documents, now in the public court record as a result of the lawsuit. They are the most detailed illustration yet of a straightforward but uncomfortable reality: the clients funding the model weren’t the ones benefiting from it. Whether that changes (and how) is now one of the more pressing questions in the agency business.

In fairness, it always has been for some marketers. To them, the idea of agencies buying inventory for themselves and reselling it to clients — often at a markup and without full disclosure — has never sat comfortably alongside the idea of an agency acting in their best interest. What’s changed is that marketers are no longer willing to live with that ambiguity.

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What’s behind Netflix’s CTV market share jump?

Netflix’s ad business appears to have finally found a balance between market expectations and the reality of brand advertising needs. According to WARC, the streamer’s share of the global CTV ad market is set to more than double in size this year, rising from 3.7% at the end of 2025 to 9.2% by 2027.

That isn’t a coincidence. According to four media agency execs who spoke with Digiday, it’s the result of prices stabilizing, growing advertiser confidence in Netflix as an ad platform, an expanding slate of live sports programming and increased access for programmatic investments through partnerships like that struck last year with Amazon’s demand-side platform (DSP). 

Those factors are leading the streamer to increase its share of the already growing CTV market, noted David Dweck, president at media agency Go Fish. “We are seeing clients leaning in far more CTV,” he said.

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