Campaign
"Campaign" is reporting that Saatchi & Saatchi has doubled its money by selling its 25% stake in Blue 449 to Publicis Groupe in a deal that values the agency at GBP100m. Publicis Groupe now owns the agency entirely.
Press Gazette
The news site rating service NewsGuard has reversed its decision to list "Mail Online" as a site that does not maintain basic standards of reporting. "Press Gazette" reveals the browser extension's team has admitted it made a mistake and now gives the site a clean bill of health.
Campaign
Oath is understood to be in consultation with its UK staff over at least 25 redundancies. "Campaign" reveals that the job losses are expected to hit the company's native, programmatic, mobile and video ad sales teams.
The Telegraph
The Church of England has joined in with calls to urge the Government to take a tougher line on social media platforms that do not do more to protect children. "The Telegraph" reports the church is calling for the UK to bring in huge fines for sites that do not remove harmful content within 24 hours of notification, as Germany has already done.
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