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Digital UK, the company responsible for the digital TV switchover campaign, is expected to hand back £55 million to the government in 2012.

The global entertainment and media market will grow 5% annually to 2014, up from $1.3 trillion in 2009 to $1.7 trillion, according to PricewaterhouseCoopers’ Global Entertainment & Media Outlook 2010 – 2014.

BBC One’s hour-long Eastenders stole the limelight away from the World Cup between 7pm and 8pm last night.

Thirty eight percent of US online consumers are fans of at least one company or brand on Facebook, according to a new study from digital marketing firms ExactTarget and CoTweet.

Last night saw the FIFA 2010 World Cup rack up another win for football, with BBC One’s coverage of Italy v Paraguay picking up a peak of 8.4 million viewers – a 32.5% share of the audience.

News Corporation has acquired the e-reader publishing platform Skiff from US publisher Hearst and taken a stake in online content firm Journalism Online.

BSkyB has turned down a £12 billion takeover bid from News Corporation, saying it undervalues the company.

An RBS broker’s note has called ITV “the most logical buyer of Five”, estimating that its acquisition could boost ITV’s earnings by 24%.

Culture secretary Jeremy Hunt claims online television viewing will make the BBC licence fee obsolete sooner rather than later.

The Evening Standard is thought to be close to making profit, nine months after Alexander Lebedev made it free.The Russian tycoon bought the loss-making title for £1 from Daily Mail & General Trust in January 2009, when it had a circulation of around 237,000 and losses as high as £20 million.Less than a year later,… Continue reading Evening Standard “will be in profit” soon