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Ogilvy PR to permanently abandon AVEs

By Michael Sebastian | Posted: July 26, 2011
Ogilvy PR will permanently ditch the advertising value equivalent (AVE) method of measurement, according to published reports.

AdNews says that Ogilvy will instead look to guidelines developed by the International Association for Measurement and Evaluation of Communications.

AVE is the widely debunked practice of assigning a value to editorial coverage based on the cost of an advertisement.

Read more at AdNews.