Media: The week in Media

Linkedin, the social networking site for professionals, has more than doubled its Q3 revenues year on year, to $139.5m (£84.6m), although the company still made a small loss. The California-based corporation's reported revenues for Q3 2011 represent a 126 per cent increase compared with revenues of $61.9m (£38.5m)for the same period in 2010.

Immediate Media, the new owner of BBC Magazines, is to house the bulk of its new business in Hammersmith, with staff expected to have moved in by the summer of 2012. Hammersmith was chosen because of its proximity to the current White City offices and its transport links.

Channel 5 is to launch a timeshift channel, Channel 5+1, that will be available on the Freeview, Freesat and Sky platforms from early December. The channel will join Richard Desmond's current offerings Channel 5, 5* and 5 USA. It is expected that Channel 5 +1 will also be available via cable providers in 2012.

The Audit Bureau of Circulations has adapted its consumer magazine reporting standards to allow publishers to include overseas digital editions. Overseas digital editions have not previously been included in magazines' ABC certificates unless a title is sold for at least 50 per cent of the print cover price abroad.

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