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WPP’s Disappointing Earnings Report Asks: ‘Are Google, Facebook and Consultants Eating Our Lunch?’

The world’s largest advertising company reported largely flat revenue in its third-quarter earnings call this morning. It marks the third time WPP has cut its annual sales expectations, and its own Q3 presentation posed the frankest question facing the industry: “Are Google and Facebook eating our lunch?” The most significant number from the report may…
Source: Advertising

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