Media: The Week in Media

The Sun has officially opened a northern office in Manchester.

The paper has promoted its northern correspondent Guy Patrick to be northern news editor, heading a team of seven. This team includes Richard Moriaty as deputy northern news editor, and Jane Atkinson as northern features editor.

Grand Parade, the agency led by former FHM and Rolling Stone editor Ed Needham, has launched a football betting magazine. Citibet will be handed out at key underground and mainline stations in London, targeting high-worth City professionals. Further copies will be made available in financial, legal and marketing company offices around the Square Mile, London airport business lounges and at football matches.

Facebook has posted its first quarterly revenue fall in two years, despite increasing 41 per cent year on year, to £656m, and active monthly users surpassing 900 million. Net income fell slightly to £126.1m as costs nearly doubled to £416.5m.

Perform, the digital sports media agency, has struck a deal with Facebook that will bring more than 50 digital sports channels to the social network. Thousands of live sports matches and on-demand content will be available to view through an integration with Perform's online sport content platform, LiveSport.TV.

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