GM owes money all over town—to ad firms
The extent of General Motor’s debt was revealed Monday when the automaker filed for bankruptcy. “The list [of creditors] … reveals that top 50 creditors to the car giant include Starcom MediaVest Group in Chicago,” reported Claire Atkinson for Broadcasting & Cable . “The agency is claiming some $121.5 million and is listed as the No. 6 creditor. Starcom’s parent company, Publicis Groupe is also owed $25 million and is listed at No. 18. Interpublic Group, the owner of U…
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