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Raymond Snoddy on the BBC’s “beautifully crafted” Strategic Review, designed “to give critics as few grapple holds as possible”.

ITV has reported pre-tax profit of £25 million for 2009, a big improvement on the £2.7 billion loss in 2008.

“The BBC will not retreat into an analogue past”, the Corporation’s director general Mark Thompson told delegates at today’s Financial Times Digital Media and Broadcasting Conference.

Pearson, owner of the Financial Times, has reported a 13% increase in pre-tax profits for 2009, to £761 million.

Centaur Media, publisher of New Media Age and Marketing Week, has reported a 24% year on year fall in revenue for the second half of 2009.

Scottish ITV licensee STV saw pre-tax profits fall 55% year on year to £5.5 million in 2009, down from £12.3 million in 2008.

Yahoo! is integrating real-time Twitter updates across its products and properties in a new global partnership announced today.

KBH Transport Media has retained its onboard advertising contract with London and Southeastern Railways and is installing over 8,000 new square traincard advertising panels on Southeastern.

The US Department of Justice and the European Commission have officially agreed the merger of Yahoo! and Microsoft.

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.