Insider: Carmakers have slashed their ad spending as much as 46%, and media companies could feel the pain well into 2023

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Insider: Carmakers have slashed their ad spending as much as 46%, and media companies could feel the pain well into 2023 May 9, 2022 Angeli Gianchandani, a practitioner in residence for marketing and the Executive MBA program, says car manufacturers are cutting ad budgets as supply chains cannot keep up with the demand, and media companies are feeling the pinch.

https://www.businessinsider.com/automakers-cutting-ad-spending-and-hurting-media-companies-outlook-2022-5

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