Retraction: The following article was based on falsely reported information and BusinessPundit fully retracts the claims made herein.
BusinessPundit today was able to confirm that Old Spice is now more than 8 months past due from numerous online ad buys.
We have received confirmation from multiple sources that Old Spice ads that were run as long ago as February of 2009 and due for payment in May of 2009 have still not been paid for.
Since this is a growing trend with online ad buys (a sign of the economic times?), BusinessPundit has every intention of holding these big companies accountable for their negligence.
Shame on you Old Spice!
I work at the agency that manages Old Spice’s online advertising. We pride ourselves as being timely with payment, therefore reading that we’re 8 months late was a bit upsetting. We do not know of any payments outstanding from February 2009, so we’d love it if you could email us with some details. We want to follow up with any companies that are waiting on payment and make sure we’re current.
Thanks,
Kristy Fulwider
Wieden + Kennedy