24 Hours in Advertising: Wednesday, July 8, 2015

Subway suspends Jared, networks drop Cosby

Subway suspended its relationship with longtime spokesman Jared Fogle after the FBI searched Fogle's home, reportedly in connection with a child-pornography investigation, and the final networks airing the Cosby Show dropped it after new revelations. Plus, a new study shows the changing nature of the Top 10 sports content creators, from the NBA to Nike Football.


New on Adweek:

Subway suspends Jared

Subway announced via Twitter that it suspended its relationship with spokesperson Jared Fogle following an FBI search of Fogle's home.

Last networks drop Bill Cosby

Centric and Bounce TV, the last two networks airing Bill Cosby's shows, finally dropped them from the air after Cosby admitted to giving drugs to young women. 

Online ad discrimination

A study out of Carnegie Mellon University suggests ads served through Google's DoubleClick network show discrimination, as more ads for high-paying jobs are shown to men. 

The Top 10 sports content creators

A study from Simply Measure, commissioned by Adweek, shows the top 10 sports content creators includes teams such as FC Barcelona and Real Madrid CF as well as brands like GoPro and Red Bull.

Jim Perdue returns to TV

Jim Perdue, chairman and spokesperson for Perdue Farms chicken, made his TV ad comeback to tell consumers that Perdue's chickens are antibiotic-free. 


Around the Web:

Job cuts may hit Microsoft

Microsoft plans to announce another round of big layoffs. These will be in addition to the previously mentioned 18,000 employees the company said it would let go a year ago. (The New York Times) 

Bosses are getting younger

Big companies including McDonald's and 21st Century Fox are turning to Gen X for top leadership positions as baby boomers continue to retire. (The Wall Street Journal) 

Twinkies is having another moment

Hostess may have been bankrupt in 2012, but today Twinkies and Hostess Brands may be thinking about an initial public offering. (The Washington Post) 

The New York Times plans a native ad team in London

The New York Times will set up a team of four in London dedicated to creating native ads for the paper's T Brand Studios. (The Guardian) 

No sponsor for Snapchat's World Cup story

Snapchat ran a Women's World Cup story on its Snapchat Stories platform, but it appears that the company didn't have an advertising partner for the story. (The Wall Street Journal)


Industry Shake-ups:

Mcgarrybowen expands to Singapore 

Mcgarrybowen announced it plans to expand into Singapore after it acquired a 20 percent stake in Mangham Gaxiola. (Adweek)