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Instagram has reportedly reached an ad deal worth $100 million

Instagram has reportedly signed an advertising deal with Omnicom worth around $100 million (NASDAQ:FB)

| Business, Financial & Legal News | Posted: Mar 9, 2014 9:34 am

Ad Age has sources that have whispered to them that Instagram has reportedly inked an advertising deal with ad agency Omnicom to the tune of around $100 million.

 

TweakTown image news/3/6/36111_07_instagram_has_reportedly_reached_an_ad_deal_worth_100_million.jpg

 

Considering Instagram was acquired by Facebook for $1 billion, Facebook should soon be making the money it spent on Instagram back quickly. The deal will see Instagram users across the world see ads pushed to their Instagram feeds sometime in the near future.

NEWS SOURCES:Bgr.com

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