Profits may be down but the digital signal is improving at ITV – finally Traditional ad revenue is suffering – but, crucially, streaming service ITVX is starting to deliver income
ITV profits plunge by 60% amid brutal advertising downturn Slump in ad revenue outweighs record income from studio business
Mirror publisher Reach cuts sum set aside for phone-hacking payouts High court case has clarified time limit for cases, as group reports fall in profits amid advertising slump
Hit shows such as Mr Bates could bring a dramatic improvement in ITV’s fortunes With results due this week in a sinking ad market, the show was a timely reminder of what broadcast TV can do
ITV sells stake in Britbox International to BBC Studios for £255m Commercial broadcaster’s sell-off will help fund share buyback and expansion of ITVX
Virgin Media O2 clients hit with 8.8% price rises or crippling exit fees Increase is biggest hike in percentage terms of any major broadband or mobile firm this year
BuzzFeed plans to lay off 16% of employees after selling Complex Media group says it will be ‘more profitable, more nimble’ after offloading Complex at a discount and implementing a restructure
Peak Stuff review – teenage ideals take a kicking from capitalism A superb Meg Lewis plays three characters losing touch with reality in Billie Collins’s play about a market-driven world
Minister says government working on sanction options for those involved in Alexei Navalny’s death – as it happened Leo Docherty, Foreign Office minister, says government ‘working at pace’ to hold those responsible for Russian opposition leader’s death to account
Apple reportedly faces €500m fine from EU over music streaming access Brussels to issue levy after Spotify complained about block on telling users about cheaper alternatives to app store, according to FT
‘Breathtaking’ media layoffs continue with job cuts at NowThis and Intercept Intercept management announces 15 staff reductions, and NowThis Union reveals whopping 50% of staff laid off
TikTokers help drive Sarah J Maas ‘romantasy’ boom for Bloomsbury Publisher tells investors profits will exceed expectations, attributing this to release of House of Flame and Shadow
Paramount cuts 800 staff two days after Super Bowl was biggest ever TV show Company that owns CBS, broadcaster of NFL showpiece, announces 3% reduction in global workforce
‘It’s happening everywhere’: Channel 4 CEO Alex Mahon on TV’s deep crisis The network boss believes production companies that underpin Britain’s global reputation face being forced out of business
Nationwide’s Dominic West ad prompts complaint from rival Watchdog receives complaint, reportedly from Santander UK, that advert paints misleading picture of bank branch closures