<body> Public Ad Campaign: Advertising Agency Owes Cash-Strapped MTA $18 Million
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Friday, July 2, 2010

Advertising Agency Owes Cash-Strapped MTA $18 Million

Gothamist Reports on Titan Media's deadbeat behavior in the below post. To illustrate the outdoor advertising company's work they show a subway advertisement, but as far as I am aware Titan's contract is for our buses, while CBS takes care of the subways. Just a footnote, not more important than the company owing us enough money to keep the M and W lines operating in these hard financial times.
In order to avoid far-reaching subway cuts that would eliminate the M and W lines and cause trains to become less frequent and more crowded, the MTA needs about $18 million—the same amount a deadbeat advertising company owes the transit agency. An MTA audit revealed that Titan Outdoor Holdings has come up short on its monthly payments for almost a year, but the MTA is afraid that recouping the money might bankrupt the company, causing the agency to net even less revenue. [More Here]

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