RIO DE JANEIRO (AdAge.com) -- Latin America's Wave Festival this week saw a 40% increase in entries as at least some awards festivals seem to be recovering from last year's steep drop due to the global recession. The big winners from Latin America include PepsiCo's name-changing "Pecsi" campaign and Cadbury's Chocolatometer spots, both from Argentina; Burger King's "Whopper Face" from Brazil; and a moving promotional effort from Uruguay in response to violence among sports fans. These winners may be a preview of what from the region will do well next month at the Cannes Lions International Advertising Festival.
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