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At 10am tomorrow, Apple will open its 300th store – and also its largest yet – in London’s Covent Garden.

IPC Media owner, Time Inc, has reported a $21 million increase in ad revenue – a 4% year-on-year rise. However, subscription revenue was flat.

An ad-funded free spin-off of Cosmopolitan magazine, called Cosmo on Campus is due to be launched in October.

According to a new report from Microsoft Advertising, 54% of consumers find TV adverts fun to watch, compared to 32% for computer ads.

Channel Five announced today that it has secured an exclusive deal with Warner Brothers International Television Distribution.

Google has announced that it is ceasing development on Wave, the communication tool it launched in September last year.

ITV1’s Midsomer Murders won the peak slot of 9pm to 10pm last night, peaking at 4.3 million viewers.

BSkyB has announced it will rebrand Virgin1 as Channel One, after paying up to £160 million to buy Virgin Media Television (now known as the Living TV Group).

RAJAR figures for Q2 2010 saw a stellar performance from commercial radio, which posted it’s highest share and reach since 2007.

Digital Radio put in a strong performance this quarter, posting substantial increases in share, reach and DAB ownership.