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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.

The broadcast media are making a much better fist overall of the coverage of COP27 and climate change than the news brands.

In brief: Colin Gottlieb will leave the group after serving as chief growth officer since February 2020.

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

ITV’s advertising revenue dipped slightly compared to its record year last year, but total revenue was boosted by double-digit growth in ITV Studios.

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

When brands need to make budgets work harder, leaning in to programmatic supply chain can save costs. 

Parul Goel tells The Media Leader what he would do if he were not in media and what he would change about the industry.

Making people care about diversity is the easy part, now we have to make sure they keep caring, argues Reach’s D&I chief.