Good morning, AdLand. Here's what you need to know today:
Commonwealth, a Detroit-based shop made up of Omnicom and Interpublic teams that was specifically created to handle General Motors, is in trouble. Even though Alan Batey said that there would be "no change" for the Goodby-McCann conglomeration when he took over Joel Ewanick's role as global CMO, Commonwealth just lost its ad duties for the Chevy Silverado. Publicis' Leo Burnett will now take over as its lead advertising agency.
According to the IAB, U.S. internet ad revenues hit an all time high in Q3 at almost $9.3 billion. That's 18 percent more than last year.
Facebook is stopping its mobile ad network testing.
The Dallas-based Hispanic branding agency Richards/Lerma hired Aldo Quevedo as principal and creative director in the new year. He was most recently at Dieste, Inc.
24/7 Media promoted Michelle Smith from director of product management to senior director. Sonjoy Ganguly was hired to take the role of senior director, product management.
Previously on Business Insider, Advertising:
- Here's The First Kate Upton Photo From Mercedes' Super Bowl Ad Shoot
- AD OF THE DAY: Trying To Sing 'Jingle Bells' While Terrified By A Speeding BMW
- Martha Stewart CEO Steps Down After Disastrous Year
- Look How Confused People Are Over McAfee The Alleged Killer And McAfee The Antivirus Brand
- Morgan Stanley Allegedly Used This Weird Trick To Dodge Rules On Facebook IPO
- Did Vogue Make A Photoshop Fail On Its Gwen Stefani January Cover?
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