< Back Home

MediaPost: GroupM Revealed To Be Videology’s Largest Creditor, Owed $35 Million-Plus

media-post-logo_resized2

In a rare public disclosure revealing the financial relationship between a big agency holding company’s media operations and a digital media supplier, WPP’s GroupM is listed as the single biggest creditor in Videology’s bankruptcy filing.

Three of GroupM’s offices — including GroupM UK, Finecast Limited, and GroupM Worldwide — are listed as the first, second and fourth-biggest creditors, respectively, with claims totaling more than $35 million due the agency from Videology, a supplier of programmatic video advertising.

Read the full MediaPost MediaDailyNews article here.

Leave a Reply

Your email address will not be published. Required fields are marked *