Figuring it out in a MultiCultClassics Monologue…
• The New York Post reported the advertising industry is facing its worst slump since 2001. “No one knows the implications on corporate America of what transpired over the last week,” said chairman and CEO of MDC Partners Miles Nadal. “We still haven’t seen the bottom to all this.” Should make for a cheery time at Advertising Week in New York over the next few days. Plus, it gives executives the excuse they need to avoid Larry Seabrook. They’ll probably claim they couldn’t afford the cab fare to the hearings.
• A new poll showed one-third of White Democrats have negative feelings about Blacks, which could lead to problems for Barack Obama. Hey, has anyone ever conducted a similar poll among White advertising executives?
We haven't seen the bottom? For Black agencies what does that mean? Is it going to be even harder for us?
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