Media buying’s deadly sins – and why agencies are too late to save their souls – Marketing Week

The big five agency holding companies are so deeply mired in surcommissions and client distrust that media agencies as a whole face an existential crisis. Last week saw the great and the good of the advertising world trundle to New York City for Advertising Week – four days of talks, events, awards and general navel-gazing….

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Pivot to pennies: Facebook’s key video ad program isn’t delivering much money to publishers – Digiday

Six months in, Facebook’s test of mid-roll ad breaks within live and on-demand videos is driving scant revenue for publishers. Five publishers participating in Facebook’s mid-roll ads test, which began in March, said the product isn’t generating much money. One publisher said its Facebook-monetized videos had an average CPM of 15 cents. A second publisher,…

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How a free canvas tote became a bigger status symbol than a $10,000 Hermès bag – MarketWatch

Louise Linton, the wife of Treasury secretary Steve Mnuchin, carried an Hermès Birkin bag worth roughly $10,000 on her arm in the ill-fated Instagram post that got her slammed for “flashing her wealth” — and then lecturing a critic about her “sacrifices.” But status symbols don’t have to cost as much as a luxury purse….

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Facebook has pulled Instant Articles off Messenger | TechCrunch

Begin: WordPress Article Content While Facebook prepares to offer readers a way to subscribe and pay for news directly from inside its app, the social network continues to tinker with how it presents publishers’ content elsewhere. In the latest development, TechCrunch has learned and confirmed that Facebook has removed Instant Articles — Facebook’s self-hosted, faster-loading article format for…

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