Bloomsbury Publishing has doubled its full-year revenue on the back of strong sales from the final Harry Potter book.

Regional newspaper publisher Johnston Press warned its advertising markets are set to remain 'challenging' this year.

Michael Grade's first year in charge of ITV has seen annual profit fall 35% to £188 million. The broadcaster has suffered from difficult advertising markets and investment in digital channels.

Penguin books publisher Pearson is seeking growth through digital channels to sustain sales momentum.

Advertising and marketing services company WPP is confident of stronger growth in 2008 despite economic worries.

Financial product comparison website Moneysupermarket.com has beaten earnings forecasts despite pressure on commission volumes as finance providers put the squeeze on lending.

Anglo-Dutch publisher Reed Elsevier is to sell its trade magazine arm as part of a restructuring plan.

Broadcaster GCap Media has become the latest radio operator to close stations after calling digital radio 'economically unviable'.

Media group BSkyB has reported mixed trading amid signs of increased customer loyalty.

Shares in ITV have jumped 4% on talk of a £3 billion private equity takeover offer.