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ITV shows signs of revovery

ITV said it was outperforming the advertising market for ‘the first time in years’ as it issued a confident trading statement ahead of its annual meeting

Clear Channel deal puts banks on defensive

Banks will be less willing to finance leveraged buy-outs as a consequence of a revised deal to buy Clear Channel bankers and private equity executives said

JP judges time right for issue

Threatened with an increasingly uncomfortable debt position, Johnston Press has announced plans to cut its borrowings of £700m by nearly a third

Nielsen steps back from move on TNS-GfK merger

Nielsen played down its interest in breaking up the agreed merger between two rival market research groups, Taylor Nelson Sofres and GfK

Malay group takes 20% Johnston Press stake

The regional newspaper owner launched a rights issue and a subscription to raise £212m to stave off a breach in the media group’s covenants, which will see a new Malaysian investor take a 20% stake

Police to pay TV team damages

West Midlands police and the Crown Prosecution Service will apologise to the makers of the Channel 4 film ‘Undercover Mosque’ after paying six-figure libel damages

John Gapper: A Sex and the City guide to media

The world is larger than America; the small screen is larger than the big screen; paid-for entertainment is larger than free; and adults are larger than teenagers. The television series Sex and the City says a lot about the future of film and TV, says John Gapper

IAC and Liberty settle dispute

Barry Diller’s IAC/InterActiveCorp and its controlling shareholder, John Malone’s Liberty Media, have reached an agreement on spinning off four of IAC’s largest businesses, putting to rest a dispute that took the two top executives to court

Ofcom rains on Sky's Picnic

The go-ahead for British Sky Broadcasting's proposed subscription channels on the Freeview platform, brand-named Picnic, was delayed yesterday after Ofcom decided it...

Investor hopes rise over Icahn's Yahoo campaign

Yahoo's shares jumped to their highest level since Microsoft abandoned its takeover offer as expectations rose yesterday that the internet company was about to come...

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