Monday, June 22, 2009

6866: Live Report From Cannes? More Like Dead.


Yes We Cannes with a MultiCultClassics Monologue…

USA TODAY reported attendance at Cannes is down about 40 percent this year, and entries are off by 20 percent. Hey, if President Obama displayed outrage over CEO bonuses, what will he think about ad honchos lounging in France—especially the wonks hoping to make General Motors’ “critical vendors” list?

• The FTC is preparing to target bloggers who receive compensation for reviews, creating new guidelines to follow. “If you walk into a department store, you know the (sales) clerk is a clerk,” said and FTC official. “Online, if you think that somebody is providing you with independent advice and … they have an economic motive for what they’re saying, that’s information a consumer should know.” In the meantime, everyone feel free to send money and swag to MultiCultClassics.

• Drugstore chain Walgreen reported fiscal 3Q profits dropped 9 percent. Note to Walgreen accountants: Cymbalta® can help.

• A new study shows great white sharks display many of the same traits as human serial killers. However, the Black sharks will still probably receive harsher sentences.

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