Ad shops could take a hit from automotive bankruptcies

According to Chrysler's bankruptcy filing, Omnicom Group shop BBDO Detroit is the automaker's second-largest unsecured creditor, with $58.1 million in IOUs, mostly stemming from media buys made on Chrysler's behalf. If General Motors were to enter bankruptcy, it's estimated ad-holding companies Publicis Groupe and Interpublic Group of Cos. could be owed as much as $250 million.

View Full Article in:

Advertising Age (tiered subscription model) · Adweek · Wall Street Journal (tiered subscription model), The

Published in Brief:

SmartBrief Job Listings for Media

Job Title Company Location
Sales Manager
mGage
Multiple Locations, SL_Multiple Locations
Product Marketing Manager-B2C
RetailMeNot
Austin, TX
Partner Manager
RetailMeNot
Austin, TX
Product Marketing Manager-B2B
RetailMeNot
Austin, TX
Account Director
RetailMeNot
Austin, TX