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Online auction site eBay has sold its 65% stake in internet telephony service Skype to an investment consortium for $1.9 billion.

Social networking sites accounted for more than 20% of all US display ads viewed online in June, new research has found.

New research has found that almost 160 million US internet users watched online video during July, the largest audience ever recorded.

Former Endemol chairman Peter Bazalgette believes that the sort of online content provided by the Sun and Times will be unlikely to make money for News Corporation once pay walls are erected around it.

Television has to understand the online video environment through the medium of the internet user, Ashley Highfield, managing director and vice president, consumer and online at Microsoft UK, told delegates at the Media Guardian Edinburgh International Television Festival today.

The TV industry must focus on monetising content online rather than controlling it, according to industry experts at the Media Guardian Edinburgh Television Festival.

Unauthorised and free copies of television programmes are now being viewed by tens of millions of television viewers, according to new research from Big Champagne.

After much speculation, Apple says it has now approved an iPhone application from Spotify.

New US online video viewing research shows a 14.2% year on year increase in unique viewers to almost 136 million.

Living is launching its own on-demand player on the Virgin Media platform this autumn.