update, some media analysts are assessing the potential advertising impact on other sector players.
Wells Fargo’s Steven Cahall in a Tuesday report offered up “helpful quick data points as investors look to react to a fast-changing environment.” He started by summarizing “what we learned in the 2020 ad recession,” explaining: “During the early days of COVID-19, digital ad spend snapped down quickest, with local TV and radio following shortly after.
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