HuffPost’s national desk cut to three reporters as BuzzFeed layoffs continue

BuzzFeed laid off 10 HuffPost Union members, cutting the national desk from seven reporters to three. The desk numbered 14 a year ago — the once-Pulitzer-winning newsroom keeps unwinding.

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Small radio owner signs digital ad deal with Townsquare’s Ignite unit

Lakes Media owner Tom Birch says agency revenue at his six-station North Carolina/Virginia group fell from 30 percent in 2005 to just 5-10 percent today.

WPP’s Rose posts better pitch numbers a year in, but margin gap persists

A year into Cindy Rose’s tenure, WPP Media’s retention rate has climbed to 43% from 16%, with $3 billion in new accounts won versus $2.81 billion lost. Operating margin still sits at 4.1%, far below Publicis’s 17.4%.

California lawmakers rush fix for Hollywood tax credit cap fallout

Assemblymember Rick Chavez Zbur and Senator Ben Allen introduced AB/SB 186 to soften new business tax credit caps on Hollywood.