Mar
07
Instagram Inks Ad Deal With Omnicom Worth up to $100 Million
Posted in: UncategorizedInstagram has inked its first major ad deal with an agency, and it’s big.
The photo- and video-sharing site is rolling out a paid advertising program with a year-long commitment from Omnicom to spend up to $100 million, according to people familiar with the matter.
The arrangement means that users will start seeing ads in their streams from brands that work with Omnicom’s media and creative agencies, including Omnicom Media Group, the media agency network that spearheaded the deal, and creative shops within the holding company like BBDO, DDB and TBWA/Chiat/Day. Omnicom’s media agency network houses PHD and OMD.
Post a Comment