NEW YORK - Despite the recent departure of its launch editor Ed Needham, the US version of Emap's lads' magazine FHM has posted what are record-breaking ad page increases in the US magazine market.
LONDON - Channel 4 chief executive Mark Thompson has warned of job cuts at the channel, as he outlined plans for a leaner organisation and promised striking changes to the station's schedules.
LONDON - Investment bank Lehman Brothers has cut its trading recommendation for Sir Martin Sorrell's global advertising group WPP as hopes of an advertising recovery in the short-term fade.
LONDON - Eurotunnel, the company that operates the Channel Tunnel, has begun a review of its above- and below-the-line agency arrangements.
LONDON - The £380m deal that saw the broadcasting rights to horseracing awarded to the attheraces consortium, which includes BSkyB and Channel 4, has come under fire following accusations of £10m paid in kickbacks to secure the deal.
LONDON - Diageo has been hit by a slowing of sales for its key brands and sales of its recently launched alcopop brand Captain Morgan Gold have failed to meet expectations.
LONDON - French media group Hachette Filipacchi is set to buy Sugar and B publisher Attic Futura for around £40m.
LONDON - Granada and Carlton Communications have restarted merger talks, which could be completed in weeks, creating a single ITV company worth around £5bn.
SINGAPORE - DaimlerChrysler has hired Bartle Bogle Hegarty to handle its entire advertising account for Mercedes-Benz in South-East Asia, after a month-long review.
LONDON - ITV companies Carlton Communications rejected a chance to join up with the BBC's winning digital terrestrial TV venture.
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