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Snapchat reduces ad rates

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This story was delivered to BI Intelligence "Digital Media Briefing" subscribers. To learn more and subscribe, please click here. Snapchat is lowering the prices for advertising on the platform, according to Digiday. Buying ads through Snapchat’s Ads application programming interface (API) is now rumored to cost advertisers a minimum of $100,000 per ad, down from the...

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