Planet Media - This week's media news at a glance

Metro International, Mecom, Google, Fox, Channel 4, Guardian Media Group, MySpace.

Metro International issued a profits warning, with a withdrawal from the US market being considered. Financial Times, 13 October

Mecom, the publishing group headed by David Montgomery, is plotting a bid for a 62% stake in Sueddeutchse Verlag, publisher of Germany's biggest broadsheet newspaper, Sueddeutchse Zeitung. The Sunday Times, 14 October

Google's £1.5bn purchase of online ad business DoubleClick has sparked fears that advertisers could face higher prices. The Sunday Telegraph, 14 October

Health secretary Alan Johnson claimed obesity was as great a threat to Britain as climate change, sparking fresh calls for further restrictions on junk-food advertising. The Independent on Sunday, 14 October

Fox has launched a 24-hour business channel following its £2.5bn purchase of Dow Jones, in a bid to challenge rival CNBC. The Daily Telegraph, 15 October

Channel 4 has held talks with Emap about taking control of Box Television, home to The Hits and Kerrang! TV. C4 bought half of Emap's music programming business in July for £28m. The Times, 15 October

Thousands of Whitehaven residents are still not ready for digital switchover, which takes place in the town early on Wednesday. The Observer, 14 October

In the face of cuts and job losses, BBC director-general Mark Thompson has decided not to axe BBC World, even though it currently loses £15m a year. The Times, 15 October

Guardian Media Group is lining up a bid for Emap's entire B2B operation - valued at between £1.2bn and £1.3bn - and is working with private equity group Apax to finance the move. Financial Times, 15 October

News Corp's social networking site MySpace is to launch Brazilian, Indian, Polish and Russian versions over the next four months. Financial Times, 15 October

Demand for Radiohead's new album, In Rainbows - which is downloadable for however much you are willing to pay - was so great that it crashed the band's website. Daily Mirror, 11 October

Google's share price has topped $600 and looks set to rise even higher, with strong financial results forecast for later this week. The Independent on Sunday, 15 October

Britain is likely to be stuck with an inferior digital radio system because too many people have bought DAB sets that lack the latest DAB+ technology. The Daily Telegraph, 15 October.

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