Sky profits up 18% despite ad revenue drop

Sky added 40,000 TV customers in the final quarter of 2011 while pre-tax profits for the second half of the year rose 18% to £564m despite a 6% drop in ad revenues.

ITV ramps up pay TV strategy with Sky deal

ITV has signed a deal to add archive programmes and seven-day catch-up to BSkyB's on-demand Sky Anytime+ service as part of the pay TV strategy ITV chief Adam Crozier's included in his five-year transformation plan.

IGN launches series-led YouTube channel

IGN, the News Corp-owned gaming publisher, is launching a Google-funded YouTube channel tomorrow, backed by an European ad deal with Sega.

News International turns to Facebook for Fabulous 'social media magazine'

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News International (NI) is trialling a new publishing model with the launch of its first "social media magazine" on Facebook for its Fabulous magazine.

Future appoints Keith Walker to boost entertainment revenues

Future has hired IPC's Keith Walker in the new role of head of audience development for its games and film online properties.

Clear Channel calls in consultants

Outdoor media company Clear Channel has called in management consultants McKinsey & Company to carry out a review of its 50-strong national sales team.

Telegraph prepares for London 2012 adspend lift with Allen appointment

Telegraph Media Group has appointed agency manager Mike Allen to the new role head of Olympic sales in the lead-up to London 2012.

Ireland's Out of Home sector drops 5% to total €194.6m in 2011

The Republic of Ireland's out of home sector has been valued at €194.6m last year - a figure which includes all traditional formats such as billboards, bus shelters and transport advertising, as well as ambient and digital OOH (Out of Home) formats.

Channel 4 celebrates 'very successful deals' with agencies

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David Abraham, chief executive of Channel 4, has indicated that media agencies and advertisers are responding well to the broadcaster's new direction and Jonathan Allan's newly restructured commercial operation going into 2012.