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Your Daily Dose of Dour: WPP, Publicis Cut Ad Predictions

in Media on December 8, 2008 at 3:00 am PT

Good morning. Long week ahead, so let’s keep this short and sweet: At least two giant ad agencies are predicting lousy results for the coming year, for all the obvious reasons. Best-case scenario is that they’re overestimating the damage, and next year’s media layoffs won’t be quite as bad as they could be. Worst-case…