‘Instagram Lands Its First Big Ad Deal’ – ‘Mashable’
The latest post on ‘Mashable’ is titled “Instagram Lands Its First Big Ad Deal”.
Seth Fiegerman says, “Facebook may finally start to recoup some of the money it paid for Instagram.
Ad Age reports that Instagram has inked an ad commitment with Omnicom, a global advertising company, for up to $100 million in ad spend over the course of a year on the social network.
A rep for Facebook confirmed the ad deal, but not the price. One source familiar with the matter told us that the price quoted in the Ad Age story was inaccurate“.
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