It has been informed by the European Commission that it has issued an investigation over the e-book publishing of Apple Inc and units of News Corp, CBS Corp, Pearson Plc and Lagardere SCA.

The STV has finally decided to settle its two-year old legal dispute with ITV for £18million. STV will pay £7.2m to ITV this year and a further £10.8m will be due to be paid in December. The STV will either hand over ITV programme rights or cash to resolve the dispute. Discussions on the amount and payment methods are going on between the two parties.

The Financial Newspaper owner, Pearson Plc, has agreed to pay $230 million in cash for the purchase of education- technology company Schoolnet.

New York based Schoolnet Company is serving for more than 5 million students from pre-kindergarten stage to 12th grade in U. S. for boosting their leanings at schools.

The Bellwether survey, which was published on Monday, has revealed that due to the fears of economy worsening, UK marketing executives have cut their budgets for the second quarter running.

A whopping £88 million have been offered to the Pinewood Shepperton by the property giant Peel Holdings for acquisition.

It is the same group that that is responsible for the development of the MediaCityUK, and is one of the most prominent and diversified real estate, transport, and infrastructure companies situated in the United Kingdom.

Sources have reported that ABC was giving a serious thought on firing Karina Smirnoff from the show "Dancing with the Stars" after playboy founder Hugh Hefner made an official announcement on Wednesday saying that May issue of Playboy would be unforgettable as the Karina had posed nude for it.

The second-largest U. S. satellite TV Company, Dish Network Corp. (DISH) is facing tough competition from a top notch U. S. satellite-TV provider, DirecTV.

Reports claim that Denise Scott had defended a joke which was in a drama about autism. This was screened at the Melbourne comedy festival. This has caused serious offence and he is the only one to defend this thing.

The fans of Meredith Vieira have been disappointed by the news that she will not renew her contract with the NBC's top-rated morning show. It has been confirmed that she will only be working till the end of her current contract. Her contract will get over in September.

Katie Couric is the first woman ever to solely host an evening newscast at a television network. She reached that position less than 5 years ago and has now announced that she is quitting her position.