MoffettNathanson On Ad Market: ‘We’re Surprised That They’re Surprised’


‘Especially disappointing’ Q2 earnings results from two of the world’s four largest ad agencies ‘shocked the market,’ Wall Street analyst Michael Nathanson notes. But, there was little surprise for him and his team at MoffettNathanson — the results only reinforced lousy trends for broadcast media seen over the past few years, he writes in a report released Thursday.

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