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Job losses to follow completed sale at Standard

27 Feb 2009 | by John Reynolds

LONDON - DMGT's sale of 75.1% of the Evening Standard to Alexander Lebedev completed today, as it emerged there will up to 19 redundancies at the paper.

Ladbrokes.com to sponsor racing channel

27 Feb 2009 | by Sarah Crawley-Boevey

LONDON - Betting site Ladbrokes.com has signed a six-figure deal to sponsor horse racing television channel Racing UK.

Cube Interactive awarded digital switchover spectrum space

27 Feb 2009 | by Sarah Crawley-Boevey

LONDON - Digital content creator Cube Interactive has been awarded a licence to use spectrum freed up from digital TV switchover to run mobile TV, local TV or broadband services in the Cardiff region.

Interpublic global revenue grows 6.2%

27 Feb 2009 | by Arif Durrani

LONDON - Interpublic Group, parent to Universal McCann and Initiative, has posted revenue growth of 6.2% for 2008, with an 8.5% operating margin, in line with company objectives.

Carol Bartz announces major reorganisation at Yahoo

27 Feb 2009 | by Tristan O'Carroll

LONDON - Carol Bartz, the recently appointed Yahoo chief executive, has unveiled a major reorganisation, combining its various technology and product groups into one division.

IPG revenues rise year-on-year

27 Feb 2009 | by Ian Darby

LONDON - Interpublic has reported a drop in revenues for the final quarter of 2008 due to the "negative effect of the broader economic situation", but the group's income is up year-on-year.

Centaur losses spark £12m cost-cutting programme

27 Feb 2009 | by John Reynolds

LONDON - Centaur Media, publisher of Marketing Week and The Lawyer, has earmarked cost savings of £12m over the next two years, while reporting a pre-tax loss of £100,000 in the second half of 2008.

Dasha Zhukova takes editor-in-chief post at Pop

27 Feb 2009 | by Emma Barnett

LONDON - Bauer Media has hired Dasha Zhukova as editor-in-chief of Pop magazine, its biannual fashion and art publication, replacing Katie Grand, who launched Condé Nast's high-profile Love magazine last week.

New Facebook T&Cs cede control of content and privacy to users

27 Feb 2009 | by Fiona Ramsay

LONDON - Facebook has confirmed it is asking its users for input over its policies including privacy guidelines and the development of the terms of service following an outcry this month over its attempts to store members' content.

Wendy Richard tribute draws 5.3m to BBC One

27 Feb 2009 | by Nikki Sandison

LONDON - BBC One's tribute to 'EastEnders' actress Wendy Richard, whose death was announced yesterday, pulled in 5.3m viewers on BBC One, while the 'Masterchef' final drew 5.2m to BBC Two, according to unofficial overnight figures.

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