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Online adspend hits £2.3bn as entertainment drives growth

Online advertising enjoyed double-digit year-on-year growth in the first half of 2011, fuelled by a surge in online video advertising and new ad formats, as the internet transforms from "an information to entertainment channel".

Facebook tipped to unveil entertainment focus

Facebook is set to present a major redesign and push to offer its users more entertainment content at its f8 developers' conference this Thursday (22 September), according to reports.

Entertainment trends: Viewing the viewers

Younger viewers have been quick to embrace emerging online viewing platforms, with over half of 16-21 year olds using TV catch-up services, according to a new study from Brand Driver.

Sony Pictures Home Entertainment appoints new MD John McMahon

LONDON - Sony Pictures Home Entertainment has promoted John McMahon to the role of managing director for Europe, to oversee the growth of its digital business.

Disney acquires Marvel Entertainment for $4bn

LONDON - Walt Disney is to buy Marvel Entertainment, owner of comic book characters such as 'Spider Man', 'X-Men' and 'Iron Man', for $4bn (£2.45bn) in a cash and shares deal.

CBS and Pepsi video ad to appear in Entertainment Weekly magazine

NEW YORK - CBS has teamed up with Pepsico to run a wafer-thin video ad within Entertainment Weekly magazine that promotes the network's autumn TV line up and Pepsi Max .

Simon Cowell and Sir Philip Green to form global entertainment company

LONDON - Simon Cowell is to set up a joint venture with billionaire retailing magnate Sir Philip Green to create an international entertainment company.

Xbox continues expansion into home entertainment with NBC Universal deal

LONDON - The Xbox 360 games console has expanded its film hosting service in a deal with NBC Universal covering films such as 'The Bourne Supremacy' and 'Shaun of the Dead'.

Myvideorights.com signs content deal with Target Entertainment

LONDON - Myvideorights.com, the online video distribution firm backed by former Endemol chief Peter Bazalgette and ex-Sun editor Kelvin MacKenzie, has signed a two-year distribution deal with Target Entertainment.

Ziff Davis Media sells 1up to Ugo Entertainment

LONDON - Ziff Davis Media has sold the 1up digital network, including MyCheats.com, GamesVideos.com and GameTab.com, to Ugo Entertainment, a division of Hearst Corporation.

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