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- IPG's Brien assesses ad landscape
The global financial downturn could cause continued turmoil for the advertising business over the next two years because marketers will be cutting their budgets, expecting more from their investments and seeking lower fees from agencies, Mediabrands CEO Nick Brien said. "We certainly, on a global basis, are going to see a reduction in advertising budgets," he said. "That's a certainty." Reuters
(12/4)        
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- Massive makes case for in-game segment during upfront
Microsoft's in-game ad shop Massive's upfront event, held earlier this week, was more about getting exposure for ad placements in new game titles with media buyers and marketers than closing deals, according to this article. The event was described by one attendee as a "hype event, but it's good." ClickZ
(12/5)        
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- GoDaddy signs up for 5th trip to Super Bowl
For its fifth trip as a Super Bowl marketer, GoDaddy is planning ads that are typically "edgy, fun and slightly inappropriate," but CEO and founder Bob Parsons doesn't believe the spots will run afoul of network censors as previous editions have. "My dad always told me, 'Try to get it right at least by the fifth time you do it,'" Parsons said jokingly. Advertising Age (tiered subscription model)
(12/4)        
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- GE said to plan return to Super Bowl ad game
General Electric, as part of its policy to spend its TV ad dollars on channels owned by its NBC Universal unit, next year reportedly will return as an advertiser for NBC's broadcast of the Super Bowl. A GE spokeswoman would not comment on the company's ad plan for the Super Bowl. New York Post
(12/4)        
| Trends & Research |  |  |
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- Luxury marketers use personal touch to retain top customers
Luxury marketers, in reaction to the recession, are focusing on wooing their core, affluent customers by holding invitation-only events that are tailored to their interests and feature appearances by celebrities.
"We're trying to be much more targeted and give customers a more intimate experience with our brand," said Laurie Patruno, boutique manager for the Damiani jewelry store in Beverly Hills, Calif. "These days, you need to be very efficient with your marketing dollars." Los Angeles Times
(12/4)        
- Poll: Marketers try to find advantages amid downturn
Many marketers believe their companies will hold steady during the current downturn, with some saying they may even be able to improve their bottom lines because of it, according to a global survey by McKinsey & Co. The report also found that, in response to the downturn, 34% have launched new products to boost market share, 22% are looking into mergers or acquisitions and 16% have recruited new workers who might not otherwise have been available. Adweek
(12/4)        
| Marketer News |  |  |
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- Will GM, Chrysler merge as part of bailout?
A possible merger between General Motors and Chrysler reportedly is part of the discussions being held around a potential government bailout for Detroit automakers. Chrysler CEO Bob Nardelli said he would support such a move as a condition for receiving government help, while GM CEO Rick Wagoner said he could only consider supporting such a merger if it were backed by the United Auto Workers. USA TODAY
(12/5)        
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