HERSHEY, Pa., Nov. 2, 2020 /PRNewswire/ -- The Hershey Company (NYSE: HSY) will initiate a formal agency review for the company's U.S. media across its iconic confectionery brands. The agency review will be by invitation-only and all incumbent agencies are invited to participate in the process.
The review will include an evaluation of all paid media, including linear, digital, social, programmatic and retailer, for Hershey's U.S. candy, mint and gum (CMG) business. This review will not include media for Hershey-owned Amplify Foods and ONE brands or Hershey's international markets.
As the world and media industry are in the midst of significant and rapid changes, this review will allow Hershey to continue to invest across all media channels while looking for the best partners who will complement and enhance Hershey's internal media capabilities.
"With the evolution of media and transformation to an omnichannel world, we want our chosen partners to add to our strong internal skills and continue to ensure that our media investment remains an engine for growth," said Charlie Chappell, head of media, The Hershey Company.
Hershey is being advised by media consultancy, ID Comms. A final decision is expected in Q2 2021.
About The Hershey Company
The Hershey Company is headquartered in Hershey, Pa., and is an industry-leading snacks company known for bringing goodness to the world through its iconic brands, remarkable people and enduring commitment to help children succeed. Hershey has approximately 16,000 employees around the world who work every day to deliver delicious, quality products. The company has more than 80 brands around the world that drive $8 billion in annual revenues, including such iconic brand names as Hershey's, Reese's, Kit Kat, Jolly Rancher, Ice Breakers, SkinnyPop and Pirate's Booty.
For more than 125 years, Hershey has been committed to operating fairly, ethically and sustainably. Hershey founder, Milton Hershey, created the Milton Hershey School in 1909 and since then the company has focused on helping children succeed.
To learn more visit www.thehersheycompany.com
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SOURCE The Hershey Company
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