Advertisers Are Flocking Out Of TV

[Joe Hass]

Taking advantage of a loophole that's always been in spending contracts, companies are bailing out of what's estimated to be $1.5 billion worth of TV advertising for third-quarter.

WSJ (unfortunately it's an exclusive to them): https://www.wsj.com/articles/from-pepsico-to-gm-big-advertisers-set-to-cancel-commitments-to-tv-networks-11589298017