June 28, 2010
CANNES, France (AdAge.com) -- The Cannes Lions International Advertising Festival is rebounding from the global recession and emerging as an even more client-centric gathering focused more broadly on creativity and return on investment and less on narrow ad categories. So much so, in fact, that the event's organizers plotted the introduction of Cannes Lions effectiveness awards next year and floated the idea of changing the festival's name, likely dropping the word "advertising" to reflect the transition the festival, its attendees and the industry are going through.