Instagram bags a $100 million advertising deal with Omnicom

InstagramAccording to a recent report Instagram has reached an agreement on displaying ads for approximately $100 million with an ad agency known as Omnicom. For now you may only notice very few ads on your Instagram wall, but this will be changing very soon if the news is legit. Facebook has paid $1 billion while acquiring Instagram and this deal hits almost the 10% of what they had to pay. So Facebook might be able to recoup the investment very soon in case they gets a few more similar deals.

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