Sad News for Happycorp

Things aren't looking so good for thehappycorp, that ad agency that teamed up with PosterBoy for a takedown of their own client's ad campaign in the subway system. After the incident, and what was likely their biggest client, MoMA, severing ties with them, there was some tension between partners Doug Jaeger and Matt Spangler, Gawker reports. The latter left the company, and now according to reports from the inside, Jaeger has taken an ad agency job elsewhere and fired the remaining staff. Mediabistro reported that "Jaeger's hubris" has been responsible for the company's problems. Today on the happycorp site it was announced that Future Friends was launching, described as "a new shop some of our old friends are opening across the bridge in Williamsburg"—though as of now it doesn't seem to include Jaeger or Spangler.