Key ad agencies pull out of 2012 Olympics: Report

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Agencies Tags : sport, olympics 2012, sponsors back out Posted: Sunday , Mar 29, 2009 at 1521 hrs

Key advertising agencies have pulled out of the 2012 Olympics, a media report says.

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In the midst of recession and with the UK advertising market in serious decline, some agencies say they cannot afford the financial commitment, the Telegraph said adding that "it was last night unclear whether agencies will get paid if they undertake more work."

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