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X Hinted at Possible Deal Trouble in Talks With Ad Giant

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“A lawyer at advertising conglomerate Interpublic Group fielded a phone call in December from a lawyer at X. The message was clear: Get your clients to spend more on Elon Musk’s social-media platform, or else,” the Wall Street Journal reports.

“Interpublic leaders interpreted the communications from X as reminders that the recently announced $13 billion deal to merge Interpublic with rival Omnicom Group could be torpedoed, or at least slowed down, by the Trump administration, given Musk’s powerful role in the federal government.”

Peter Kafka: “A big media platform, whose owner is deeply enmeshed with the Trump administration, is — reportedly — telling companies to give it business, or risk government reprisal…” 

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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