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More than 90% of consumers would not pay £2 a week for Times Online

LONDON - Most consumers (91%) would be unwilling to pay £1 a day or £2 a week to access the Times Online, according to research, with only 5% saying they would fork out £2 for a week's digital subscription.

RTL reportedly ready to auction off Five

Channel Five parent RTL is preparing to put its beleaguered TV channel up for auction, according to reports.

Seven Squared sets up B2B unit

LONDON - Seven Squared, the customer publisher which serves clients including Sainsbury's, has launched a business-to-business (B2B) unit.

PPA Conference 2010: Bauer shifts away from ad-funded models for online brands

LONDON - Bauer Media, publisher of Heat, Grazia and Empire, is unlikely to invest in "pure advertising" funded models for its websites in the future, according to one of its senior digital executives.

Telegraph owners cement position as media's richest

LONDON - Sir David and Sir Frederick Barclay, the owners of the Daily Telegraph, have leapt 18 places to number 22 in the Sunday Times Rich List for 2010, cementing their place as the countries wealthiest media players.

Apple's profits surge by 90%

LONDON - Apple has reported a 90% leap in its second quarter profits to $3bn (£1.94bn), boosted by huge demand for the iPhone.

Desmond targets tabloid rivals with half-price Daily Star

LONDON - Richard Desmond is to halve the cover price of the Daily Star this summer to 10p according to reports, as he looks to ramp up his battle against the Daily Mirror and The Sun.

NEWSPAPER ABCs: The Independent achieves first rise of 2010

LONDON - Alexander Lebedev, the incoming owner of The Independent, will be pleased to note that his newly acquired daily newspaper posted its first circulation rise of the year, according to the latest figures from ABCs.

FHM newsstand sales tumble below 100,000

LONDON - Sales of Bauer-owned men's magazine FHM are believed to have fallen below 100,000 for its March issue , with its lowest ever newsstand circulation of about 95,000, according to sources.

Enders predicts 10% uplift in TV advertising revenues

LONDON - The UK television market is set for a much-needed fillip during 2010 with net advertising revenues estimated to leap by 10% on the year, according to a leading analyst.

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