A new US report predicts significant investment in mobile apps this year, although spending on social apps is expected to stagnate.

Google’s net profits hit $1.97 billion in the last three months of 2009, according to the company’s latest financial results.

Digital technology firm Rovi has beefed up its European next generation media guide by adding online content from 15 individual providers across the UK, Germany and France.

The New York Times is to charge readers for full access to its website from next year

Daily Mail & General Trust has acquired 50% of Globrix, a free-to-list property search engine.

Just 10% of television will be viewed on-demand this year as linear TV continues to dominate, according to a new forecast from Deloitte.

CBS Outdoor International has appointed Mike Moran as its UK managing director.

Magna’s latest US ad revenue forecast predicts 1.4% growth in 2010, bouyed by the Olympics and political advertising.

By 2013 revenues from video-on-demand movies will reach $2.4 billion in the USA and €430 million in the leading five Western European countries, according to a new report from Futuresource Consulting.

2009 saw UK media deals hit their lowest levels since the dot com crash, falling 36% year on year, according to a new report from PricewaterhouseCoopers LLP.