The US Department of Justice and the European Commission have officially agreed the merger of Yahoo! and Microsoft.
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The BBC has lost out to talkSPORT for the rights to broadcast late Saturday afternoon and early Sunday Premier League football matches from next season.
Publicis has reported a 5.4% decline in organic revenue for Q4, an improvement on the 7.4% recorded in Q3.
BT has reported a 39% increase in pre-tax profits for the three quarters to the end of December 2009, although shares were down as it announced a £9 billion pension deficit.
A new media sales business, Mean Broadcast, has been set up by John de Napoli, and Damon Letzer, formerly of Enteraction TV and Turner Networks.
This week has seen the sale of GMG’s regional titles to Trinity Mirror and the forced sale of some of BSkyB’s stake in ITV. Raymond Snoddy comments on the “sadness and eloquence” of the deals.
Associated Newspapers’ revenues were down 12% year in year in Q4 2009 to £280 million.
BSkyB has sold the majority of its 17.9% stake in ITV for £196 million, at a loss of around £350 million.
David Eun has rejoined AOL from Google, as president of AOL Media and Studios. He will be responsible for the company’s 80+ content sites, its new SEED.com publishing platform, as well as the newly acquired StudioNow video platform.
The Radio Advertising Bureau has appointed ex-StarCom MediaVest CEO Linda Smith to the newly created role of executive chairman.