Commentary

Wall Street, Not Madison Avenue

TargetCast head Steve Farella said online publishers might want to speed up the process of reconciling invoices with buyers in order to get paid quicker -- not so much for their bottom lines, but pleasing the Street. His argument: It takes up to 90 days for some Web businesses to send a bill and then the agency to verify it. That's money with interest that online companies -- the Yahoos, the Microsofts -- are forfeiting. "It's not an advertsing issue," Farella said. "It's a Wall Street issue."  Â
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