Your Ad Career Got You in an Ethical Quandry?

If you can't sleep at night because you have to lie, cheat, and steal in the advertising world, there is a solution. It's called Ethic-eze...

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Interpublic Downgraded to Junk

Bad news for Interpublic. S & P has lowered its rating to Junk status based upon operating performance challenges.

S&P credit analyst Alyse Michaelson said in a statement: "The downgrade is based on Interpublic's recent record of weak profitability and higher debt to [earnings], and the likelihood that restoring earnings prospects ... could take longer than anticipated." [via Crain's New York Business]
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Puma Ads: Not For the Squeamish

So here they are. At first, these ads were thought to be real. To have run in Maxim magazine in Brazil (see below). Then, it was thought to be a viral stunt by PUMA itself. Then, it became known that PUMA had nothing to do with them and that they were just created by someone to have some fun. They are, in fact, fake ads.

A little chronology:

(1/8/06: A lot of these links are broken because they are external and it's been almost three years since the story originally broke. Sorry.)

1. According to "dabitch" from Adland in my comment section below, the ads are running in Maxim in Brazil. More on that here. (This is now not true)

2. Puma contacts Salon where the ads appeared on reverse cowgirls weblog asking that the ads be taken down.

3. PUMA makes this statement after catching wind of the whole thing:

"It has been brought to our attention that several unauthorized, sexually suggestive advertisements portraying the PUMA brand have been released over the Internet. We are appalled that images like these would be created and distributed under the PUMA name. As a brand, we seek to take a unique perspective toward our advertising in an effort to challenge the boundaries of our industry; however we would never consider using these tactics. We are in the process of researching the circumstances and reserve any legal steps available."

4. They are, in fact, fake as stated in this press statement from PUMA. [via Gawker via Yahoo via WSJ]

5. PUMA sends out Cease and Desist letters to many bloggers.

6. I respond to the Cease and Desist.

7. Gawker responds to the Cease and Desist.

8. A nice summary of the whole thing from Felix Salmon.

9. Gawker offers to organize legal defense for anyone served with cease and desist letters.

[via Reverse Cowgirl via YayHooray!]