Harold Mitchell – it’s not Wall Street; Phoenix from the flames; Adtech – the gulf between ad agencies and social media

Media buyer Harold Mitchell talks to Business Spectator about why things aren’t as bad here as the rest of the world:

“An analyst who might think that media buyers have got their head in the sand probably should move closer to the corner office where there is a window and look out the window and find that it’s not Wall Street; it’s Australia and Australia has been doing better.”

A new local paper, The Phoenix, is being distributed free in bushfire areas, reports the Newsagency Blog.

Media owners and agencies are bracing themselves for cutbacks in US ad spend of up to 20%, says Paul Thomasch of Reuters.

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