- The Cannes Lions ad festival returns to the French Riviera after a two-year hiatus.
- New players like Netflix and Instacart will be on hand in a sign of the ad industry’s changes.
- But the specter of recession and uncertainty about ad targeting will cloud the festivities.
The biggest names in media and advertising will pack the beaches of southern France June 20-24 when the Cannes Lions ad festival returns to the Riviera.
After a two-year pandemic hiatus, thousands are expected to attend as they satisfy pent-up demand for in-person schmoozing and dealmaking.
The festival that started as a celebration of advertisers’ creative work has expanded to accommodate a growing number of players, from the adtech companies that have multiplied in recent years to the social media giants that have come to dominate the ad market.