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RECORD FIRST QUARTER FOR GREY ADVERTISING

News, 15 May 2000


Record billings and a notable improvement in year-on-year first-quarter results are reported by Grey Advertising. Net revenues for the quarter increased to $5.2 million from $107,000; while gross billings for 1999 grew by 27% to $1.93 billion. The increases were boosted by over $300 million in new assignments across all units.

News source: Advertising Age - Daily Deadline