ZenithOptimedia, Mediaedge:cia, Aegis and incumbent OMD have been shortlisted by Channel 4 for its £20m media account. The broadcaster may keep its online media separate, with Profero being given the opportunity to pitch for the digital media element. Pitches take place in early July.
GCap chief executive Fru Hazlitt and chairman Richard Eyre step down on 6 June, when Global Radio's £375m takeover of the company is completed. Richard Park and Don Thomson will become acting chief executive and chief operating officer while the OFT examines the deal.
Yahoo has postponed a looming showdown for control of its board, giving itself more time to decide whether to sell to Microsoft or pursue alternatives.
The board of Aegis Group has again fended off a fifth bid by shareholder and Havas chairman Vincent Bollore to gain board representation. Bollore, who owns 29.9% of shares in Aegis.
Ad revenue at the Daily Mail & General Trust has risen 4% at its national newspapers, but its regional titles were down 3.8%. According to DMGT's results for the six months to 31 March, group revenue was up 5%.
Endemol UK is launching a division that will secure partnerships with brands to create new forms of content. New State will be headed by managing director Cody Hogarth, previously Endemol UK head of commercial partnership.
Pan-European financial news channel CNBC Europe has signed a six-month global commercial agreement with Qatar Airways. The deal covers on-air activities across CNBC networks in Europe, Asia and the US.
Viacom's $1bn lawsuit against video-sharing site YouTube has escalated, with parent company Google filing court papers in the US claiming the case could threaten the freedom of online information.
In "Who will be knocking at Virgin's door?" (Media Week, 20 May, page 18), it was incorrectly stated that Dave delivers more male commercial impacts than Five instead of Five's digital channels only. In 2008, Five's core channel has delivered 8.6% of male impacts, while Dave's equivalent figure is 2.7%.