News

Report: Google Strikes Upfront Deal with Magna Global

Written on
Feb 18, 2014 
Author
Adotas  |

ADOTAS  (via USA Today) – Google struck an “upfront” deal with Magna Global, one of the world’s largest advertising buyers, the latest effort by the Internet search leader to win more of the marketing dollars that traditionally pour into TV each year.

Magna Global, a unit of Interpublic Group that oversees $37 billion in annual ad spending, committed about $100 million of client marketing money to Google properties, including YouTube, its online display ad network and mobile platform.

The deal lasts a year and may be renewed if the partnership goes well. This is the first time Magna has struck such an agreement with Google. For its part, Google signed similar deals last year with other agency ad buyers MediaVest and Publicis Groupe’s DigitasLBi and Razorfish.

EDITOR’S NOTE: A Google spokesperson confirmed today that the two sides have struck a deal, but would not confirm the dollar amount. Adotas is awaiting a response from Magna Global’s press representatives.





ADOTAS, founded in 2003, is a premier news publication focused on the Internet advertising and media industry. ADOTAS features a twice-daily email newsletter and web site and is proud to reach well over 100,000 advertising professionals monthly.

ADOTAS was acquired by New York Publishing Group Inc. in May 2007. Our emphasis is on providing the best news and information on media buying, planning, selling, technology and activities of the digital media business to the interactive advertising community. We are proud to have over 100 contributing writers, including the foremost experts in the field.

ADOTAS has built on a tradition of excellence to become the most trusted source of information among leaders in the online marketplace. Professionals read, comment and learn from our publication each day.

Reader Comments.

No comments yet

Leave a Comment

Add a comment

Tags: , , , , , , , and
Article Sponsor

More News