AgencySpy : Wachovia Transferring Funds From Mullen
July 2, 2008
The cold hard facts about Ad Agency blogging, the story isn’t just magnified by the press.. it’s magnified overall… The fact is that Interpublic’s Mullen has just had 120 million ripped from under their feet… and our sources are saying that layoffs are very well likely.
BOSTON Interpublic Group’s Mullen have been relieved of their duties as the lead offline creative and media partner for Wachovia. They’ve been cut from Wachovia’s review of its $120 million ad account.
and:
Mullen’s needs to really step up their game, this is the second client they’ve lost after a review this week. Earlier in the week they lost Marshall’s to GSD&M.
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