16 March - 24 April 2020

Our online festival is underway with a packed programme of interviews and panels. Featuring talks from the industry’s biggest brands and most innovative individuals, this event explores what digital transformation really means for marketing.

16 Mar 10:00 GMT / 06:00 EST

The Drum Digital Transformation Festival launch

Gordon Young
Editor-in-chief at The Drum

Ex-Facebook CMO Gary Briggs joins Michael Bloomberg's presidential bid

Former Facebook CMO Gary Briggs joins Michael Bloomberg's presidential bid

Michael Bloomberg is looking to shake-up next year’s US presidential campaign in league with former Facebook chief marketing officer Gary Briggs, led by an ambitious social media advertising campaign which could be worth over $500m.

A leading exec at Facebook until late 2018 Briggs has been brought on board by Bloomberg as his digital director, as the billionaire prepares to channel his wealth into a massive television and digital ad campaign.

Bloomberg is expected to go for broke in the race by sanctioning an unprecedented advertising war chest to propel him into the lead over his Democratic rivals in the race for his party’s nomination, allocating $31m for TV ads this week alone.

If successful, this could open the floodgates for saturation coverage next year in a titanic battle as Bloomberg and Trump would face off against one another in a battle to become the next US president.

Briggs quit his Facebook role at the tail end of 2018 for a life of semi-retirement but has remained an active supporter of the Democratic Party. Earlier this month he told The Drum that he was considering potential avenues for applying his skills to further the Democrats’ campaigning.

The high-stakes gamble is not without risks not only due to the power of political advertising at this scale being largely untested but also the danger of associating too closely with a Silicon Valley brand which has become sullied in recent years by a series of scandals relating to privacy and political interference.

Join us, it's free.

Become a member to get access to:

  • Exclusive Content
  • Daily and specialised newsletters
  • Research and analysis

Join us, it’s free.

Want to read this article and others just like it? All you need to do is become a member of The Drum. Basic membership is quick, free and you will be able to receive daily news updates.