Media Buying Briefing: Media.Monks looks to settle internal infighting with a new COO
Briefly

The problem it's battling today is an internal fracas among founders of the various digital agencies, who are feeling the downward pressure of a depressed stock value - on which their compensation and payout is based.
Several sources inside the network, as well as some no longer there, say it's created fiefdoms due to the founders of those agencies being compensated in stock, which is currently far less valuable than when they bought in.
They are said to be more concerned with protecting their assets rather than pushing for the greater Media.Monks good, leading to operational confusion and impacting the network's ability to deliver for clients.
Over the six years since S4 was formed, Media.Monks has absorbed about 30 agencies - analysts construe this as too many acquisitions in too little time with not enough oversight.
Read at Digiday
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