In brief: Sky’s revenue dropped by 14.7% to $4.3bn in the third quarter of 2022 compared to the same period in 2021.

Hearst Magazines has appointed Katie Vanneck-Smith as Hearst UK CEO.

In brief: Meta’s quarterly revenue was down 4% year-over-year to $27.71bn, according to its latest financial results. 

Global retained the top spot in commercial radio brands in the first time Rajar has reported year-on-year changes since pre-pandemic.

“Trading conditions are at their worst since the Covid outbreak”, reports author warns.

The latest Rajar figures have revealed commercial radio listening growing to an all-time high, the rise of smart speakers and decline in breakfast listening.

The Media Plan: Business-to-business internet service provider Vorboss has rejected traditional media strategy to drive awareness in a small hard-to-reach audience and low interest category.

In brief: Disney and the BBC have agreed a deal where the Doctor Who series will be shown on its platform internationally.

A pre-roll YouTube ad for Planet Woo has been found to be “likely to cause serious and widespread offence” to a general audience. 

In brief: WPP has joined other advertising agency groups in raising its revenue forecasts for 2022 with nearly 4% organic growth posted between July and September.