The exact amount could be higher as exposure to these bankruptcies is not limited to unpaid bills, but also to unbilled work in progress -- or in the closure of departments or whole offices if the restructured client moves to another agency as a result of the turmoil.
The amount owed to Interpublic, owner of the McCann Erickson and Lowe Worldwide ad agencies, is smaller than the $58m owed to Omnicom agencies by Chrysler, or the $78m or more Publicis agencies are owed.
Read Bob Willott's Bottom Line blog for a full analysis --