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The government has scrapped plans to introduce independently funded local news consortia, new culture secretary Jeremy Hunt announced in his first major speech today.

Google could enter the TV market with a bid for Premier League football rights, LoveFilm’s group digital officer Lesley MacKenzie told delegates at last week’s Media Playground 2010 event.

BSkyB has bought Virgin Media TV for £160 million, in a deal which will see Sky pay £105 million in cash on completion, with the remainder paid following completion of the regulatory process.

TalkSPORT has won the exclusive UK radio rights to broadcast the Rugby World Cup 2011.

ITV has appointed former GCap CEO Fru Hazlitt to the newly created role of managing director of commercial and online.

Five chairman and chief executive Dawn Airey has joined movie rental service LoveFilm as non-executive director, with immediate effect.

Network Rail has awarded two new advertising contracts – worth around £260 million over five years – to JCDecaux and Primesight.

Revenues at UTV Media were up 2% on a like for like basis in the four months to the end of April.

Aegis has reported 1.1% year on year growth in organic revenues for the first quarter of the year.

The Independent could go free within the M25, owner Evgeny Lebedev said in his first interview since buying the paper.