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GM passes on Super Bowl advertising

General Motors recently announced it was going to stop advertising on Facebook, and now it's bowing out of doing an expensive ad during the Super Bowl next year.

This final note today, which comes with a reminder that Facebook went public today. You might remember a couple of days ago we told you General Motors was going to stop advertising on Facebook, ’cause it just wasn’t worth it.

Now comes news GM might be re-considering ads all together. Or at least big splashy ones. GM’s head of marketing told the Wall Street Journal it’s not gonna do a Super Bowl ad this year — $3.8 million for 30 seconds is just too rich.

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