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Virgin Media has appointed Cindy Rose, VP & managing director of Disney Interactive Media Group, as executive director of television.

Outdoor company Primesight has acquired Titan Outdoor’s roadside portfolio.

Financial group Capital Ideas has made a bid to buy the Observer from Guardian News & Media.

Josh Jacobs, Yahoo! VP of ad platform strategy, says that advertisers are returning to the internet.

Clear Channel Outdoor has reported a 24% year on year fall in worldwide revenue for the second quarter, leaving it at $692.1 million.

Facebook has acquired real-time search engine FriendFeed, which many industry analysts had expected to be bought by Google or Twitter.FriendFeed lets users access their social media accounts from one place, bringing together updates from sites such as Facebook and Digg.While it is expected that FriendFeed will remain a standalone product for the time being, it… Continue reading Facebook acquires real-time search service FriendFeed

Guardian News & Media is axing the distribution of newspaper bulks in order to “increase transparency”.The move will see 12,000 bulk copies of the Guardian removed – which made up 3.9% of its monthly sales in June, according to the latest ABC figures – while 20,000 copies of the Observer will go – 5.1% of… Continue reading GNM axes bulk distribution

HMV chief executive Simon Fox has ruled himself out of the running to replace Michael Grade at ITV.

Microsoft is selling its interactive advertising agency, Razorfish, to Publicis Groupe in a cash and shares deal worth $530 million (£317 million).Razorfish will continue to operate under its brand name and will become part of VivaKi, the new Publicis Groupe entity created in June 2008.Razorfish’s management team, led by CEO Bob Lord, will remain unchanged.Maurice… Continue reading Publicis Groupe buys Microsoft’s Razorfish

Regional newspaper publisher Archant has revealed a 61.6% drop in operating profits for the first six months of the year.