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This session from the IMAA Leadership Series explores the idea of the “Great Agency Realignment.” The structural shift happening across the media and advertising agency landscape. In the discussion, industry leaders Darren Wooley and Stephen Wright examine how the traditional agency model is evolving as clients rethink the way they structure their marketing and media partnerships. The conversation highlights how many advertisers are reassessing their agency relationships, moving away from large, bundled service models toward more specialised, agile and transparent partnerships. Key themes discussed include: Changing client expectations and the increasing demand for accountability, transparency and measurable outcomes. The breakdown of traditional holding-company agency structures, with brands reconsidering whether integrated “one-stop-shop” models still deliver value. The rise of independent agencies, which are often seen as more flexible, entrepreneurial and closer to client needs. How procurement pressures, technology and data have accelerated the need for agencies to demonstrate strategic value rather than just execution. The importance of agencies adapting their operating models, talent structures and pricing frameworks to remain competitive. The session ultimately explores how this realignment is reshaping the competitive landscape, presenting significant opportunities for independent agencies that can offer expertise, agility and closer client relationships.