WPP’s media investment group has announced the creation of a client coalition with the goal of accelerating the decarbonization of the world’s media supply chain.

In brief: the Facebook and Instagram parent company is reducing its workforce by 13%.

Profit across its news media segment dropped 47% year-over-year due to declining revenues and increased costs in TalkTV and digital investments.

Increased DTC operating losses were in part attributed to investment in content production and slightly lower advertising revenue at Hulu and Disney+.

In brief: Webby previously worked as CRO North America at Future.

Many seeking an alternative to Twitter have moved to Mastodon, an interconnected platform of decentralized, self-hosted microblogging sites. What will be the knock-on effect for advertisers?

In brief: Blockthrough partners with ad block software companies to give users the option to opt-in to ads deemed acceptable by the independent Acceptable Ads Committee.

hasThe Association for National Advertisers (ANA) has reported modest progress on its diversity, equity, and inclusion goals, but still lags behind its own diversity benchmarks.

In brief: AMC Theatres has partnered with Zoom Video Communications to bring “Zoom Rooms” to select theaters across 17 US markets in 2023.

In brief: the omnichannel attention measurement company has appointed adtech veteran Alex Khan as its EVP, global partnerships as the company opens its first US in New York City.