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Trinity Mirror has reported a 6% ad revenue decline for its national newspaper division during the 17 weeks to October 25.

Following the introductory remarks from chief executive Guy Phillipson, yesterday’s IAB Engage 09 kicked-off with “wizard of the web” and author of We Think, Charlie Leadbeater.

Independent News & Media’s bondholders have agreed to take a significant stake in the company as part of its refinancing deal.

Johnston Press has reported a 19.1% year on year advertising revenue decline for the past 10 weeks.

Channel Five’s owner RTL has reported a 6.4% revenue decline to €1.1 billion (£980 million) for Q3 2009.

Google has acquired the world’s largest mobile advertising platform, AdMob, for $750 million (£450 million).

Electronic Arts has acquired Playfish, a firm specialising in social networking games, for a figure which could rise to $400 million.

The government has today launched a consultation on product placement in UK television programmes.

Guardian Media group has appointed Virgin Media chief executive Neil Berkett as a non-executive board director.

Associated Newspapers has confirmed that the final issue of the London Lite will be published next Friday, 13 November.