Miles Young : We’re Screwed #cdbags
June 25, 2009
CNN is reporting that Advertising Agency Ogilvy & Mather Chief Executive Miles Young expects no immediate recovery of the advertising market and believes the recession may spill into 2010, he told Dow Jones Newswires in an interview Thursday.
Ugly, outch and game over… we view his position as optimistic at best.
This recession is not only pushing everything to digital, but it’s not going to recover… ever.. for traditional. “After this recession, the horse and buggy market will recover” It will… but it went to the Automobile.
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