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M&C Saatchi exits Walker Media stake for GBP36 million

UK-based advertising firm M&C Saatchi divested a controlling stake of 75.1% in Walker Media for GBP36 million. M&C Saatchi sold its holding to French multinational advertising and public relations company Publicis.

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Facebook to launch 15-second ad video for US$2.5 million each day

Facebook would launch a 15-minute ad video that would cost US$2.5 million per day for advertisers.

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