In brief: an SEC filing estimated the restructuring would cost $13m-$18m, including approximately $6m for severance benefits to laid off employees.
ARCHIVE ▸ Jack Benjamin
In brief: Disney announced it would appoint tech and media executive Carolyn Everson to its board with the support of activist investor Third Point Management, according to reports.
In brief: Ocean Outdoor has partnered with LandVault to launch a cross-platform metaverse OOH package, with UK&I retailer Argos serving as launch brand partner.
Interview: The future of ads is allowing the user to choose their own adventure, argues Marty Krátký-Katz, whose company is trying to help publishers claw back money lost to ad-blocking.
In brief: Meta is freezing hiring and will restructure teams, including by reducing headcount.
In brief: A class-action lawsuit has been filed against Warner Bros. Discovery alleging the company misled its shareholders about its streaming business and number of subscribers.
In brief: marketers running ads with Roku will now be able to deduplicate campaign reach and frequency across traditional TV, CTV, desktop, and mobile.
More than half of Americans plan to travel for the holidays, creating the potential for strong opportunities for OOH.
Google has announced a slew of updates to Search that will change the way users, shoppers, and advertisers will interact with the platform.
In brief: the figure represents around 1% of total videos posted on the platform, in line with previous reports throughout 2021.