Worldwide revenue at Omnicom fell 14.4% year on year to $2.8 billion in the third quarter of 2009, with profits down 22.5% to $165.6 million.

Pre-tax profits at Yahoo! were up a massive 244% year on year in the third quarter to $186 million.

A new US study reveals that newspapers and magazines are not considered as relevant as they used to be and are the easiest media to eliminate from usage.

US local online advertising spending is set to slow significantly from previous levels of growth, according to new research from Borrell Associates.

Out of home media agency Kinetic has appointed Carolyn Nugent as its UK head of digital.

FT Group enjoyed a 10% rise in headline sales in the first nine months of the year, according to financial results released today by parent company Pearson.

TV viewing figures for September 2009 reveal that Channel 4’s viewing share was down by one percentage point year on year.

Advertising revenues at Newsquest were down 28.7% year on year in the third quarter of 2009.

ZenithOptimedia has downgraded its global ad growth forecast for 2009 and now expects a decline of 9.9% this year.

ISBA has endorsed the IASH code that seeks to stop ads appearing against websites potentially damaging to the brand.