Richard Desmond's Channel 5 is set to record a 27% lift in advertising revenue in 2011, despite tough trading conditions, completing a strong first year for commercial director Nick Bampton and his team.
Ad2One, the ad network, has appointed former Time Out commercial director Graeme Tottle as its sales director with responsibility for Ad2One's contract with online retailer eBay.
Facebook's profits have doubled in 2011 and are set to hit $1bn (£645m) for the full year, as the social network nears its long-awaited stock market debut.
Virgin Media customers will be able to watch BBC coverage of sports such as Formula 1, Wimbledon, Euro 2012 and the London 2012 Olympics on-demand, after a deal was agreed between Virgin Media and the BBC.
Twitter has received a $300m (£194m) investment from Saudi billionaire investor, Prince Alwawleed bin Talal and his investment vehicle Kingdom Holding Company.
Matt Shreeve, the former head of agency sales at Channel 4, has been appointed trading director at News International.
In the year ahead collaborating with agency and media partners and bringing online and offline strategies together will deliver more successful marketing campaigns, writes Richard Trinder, industry leader at Google UK.
Guardian News & Media (GNM) is axing the Guardian's standalone Sport and Film and Music supplements, as it looks to reduce further costs across the daily newspaper and focus on its "digital first" strategy.
Friends Reunited has an asset value of just £5.2m, one fifth of the amount owner DC Thomson acquired the site for two years ago, according to its latest financial report.
Virgin Media has signed a multimillion pound deal to be the headline commercial partner of 'Britain's Got Talent' when it returns to ITV in spring 2012.
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