Adweek has the initial report.
It didn’t take the jury very long to reach a verdict. Yikes.
I might have more to say on this later. I think this may have huge implications for the ad industry.
Thoughts, anyone?
Adweek has the initial report.
It didn’t take the jury very long to reach a verdict. Yikes.
I might have more to say on this later. I think this may have huge implications for the ad industry.
Thoughts, anyone?
Dan Goldgeier is a Seattle-based copywriter with experience at advertising agencies across the U.S. He is a graduate of the Creative Circus ad school, and currently teaches at Seattle's School of Visual Concepts. Dan is also a columnist for TalentZoo.com and the author of View From The Cheap Seats and Killer Executions and Scrubbed Decks.
All episodes of Ad Chatter are now available on Buzzsprout \ Apple Podcasts \ Spotify \ Stitcher \ Amazon Music \ Google Podcasts \ iHeartRadio
“I love Adpulp, man! The analysis is awesome.” -Ian Schafer
Jojo says
Agency finances are typically half-assed. I wouldn’t be surprised to see more of this in the future. This will be a huge wake-up call to the big holding companies.
Mike Bawden says
I wrote about this on the 10th – I agree, this should be a wake-up call to agencies on how they attempt to justify their billing. Billing for time is misleading, unfair and flat-out wrong. The only thing worse is taking a commission and not really knowing why or how it’s earned.
My blog entry on the subject: http://brandcentralstation.blogspot.com/2005/02/once-again-about-timesheet-thing.html
Thanks.
Mike Bawden
Brand Central Station
Danny G says
Thanks for pointing that out, Mike. Nice perspective.
whobear says
I was an alternate jurer on the case. Very interesting. IMHO, Seifert took a bullet for Gray.
Danny G says
Thanks for commenting, whobear. I’d love to hear more of course…I got the impression from adweek that both Seifert and Early took bullets for the whole company.
steve jerman says
What an ironic client to over-bill.
I am often hit with the fact that illegal drug trade is in many ways more up-front and “honest” than many “straight” businesses: pharmaceuticals and advertising for two.
Nancy says
The plain truth in advertising?
It’s ugly.