Get Closer

Ofcom may allow more peaktime TV adverts

The extra adverts could come even though Ofcom’s own research shows the public does not want to see more advertising

Yell secures renegotiation of debt covenants

Yellow Pages publisher has negotiated amendment to covenants for £3.7bn debt after investor concerns

Power shift in Hollywood as Spielberg exits

Steven Spielberg to end $1.6bn relationship with Paramount Pictures and create new studio with an Indian conglomerate

Striking a chord with rock fans

MTV Networks has a bona fide hit in Rock Band, which broadened out the guitar-playing concept to add drums, bass and vocals

£130 phone to come with unlimited music library

A pay-as-you-go phone costing £129.95 will let owners download practically any song they want on their computer for a year

Crunch creates cliffhanger for film industry

The collapse of credit markets and general economic gloom have forced some studios to look to Asia for future funding

Hard times may change how we get our kicks

Certainly, for the moment, the entertainment business is showing resilience amid the crunch, not just in the UK, but in the US

Mediapolis

Company behind The Daily Telegraph received a £25m interest-free loan during 2007, a year in which it lost £11.1m before tax

Day of destiny for digital radio

Frustrated radio groups and media regulator, Ofcom, meet tomorrow to decide the future of digital radio in Britain

WPP will not increase offer for TNS

Advertising giant says its final £1.1bn offer for Taylor Nelson Sofres will provide equity upside and a substantial premium

BSkyB lands a scrappy draw

The broadcaster can console itself with the larger prize of avoiding the Competition Commission picking over its business

Unavoidable adverts plan for television unveiled

A new technology can identify clear space in the background of television programmes on which to embed advertisements

Strikes threatened after regional news cuts

ITV is facing strike action after saying that 1,000 staff must be made redundant because of a severe downturn in advertising

Sky in suspense over Ofcom ruling

The satellite broadcaster will be forced to sell its channels cheaply if Ofcom goes through with its recommendations

ITV job toll rises to 1,000 as new cuts bite

The broadcaster says it will axe 430 news jobs to save £40m after Ofcom gives greenlight to regional shake-up