Former Turner president David Levy and Momentum Worldwide CEO Chris Weil have been named co-CEOs of the new firm.

Covid-era digital consumption habits have remained sticky, providing both opportunity and brand safety challenges for advertisers.

In the week following Elon Musk’s takeover of Twitter late last month, popular misinformation-spreading Twitter accounts saw a 57.04% increase in engagement on the platform in the form of likes and retweets.

In brief: Contract workers’ terminations come as Omnicom and WPP media buying agency GroupM have reportedly urged clients to pause spend on the platform.

In brief: Disney is planning to lay off some staff and institute a hiring freeze following the company’s disappointing Q3 earnings.

In brief: top exec exits have prompted concern at the US FTC over whether the company would be able to abide by its regulations.

In brief: the live comedy special is set to stream globally “in early 2023”.

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.