"At the Guardian Media Group and Guardian News & Media, we can control our own destiny. If we do the right things now, GNM and its journalism will enjoy security and stability." - Carolyn McCall, the Guardian Media Group chief executive, after announcing 100 editorial job cuts and a reduced Observer package
"Viacom Business Solutions UK & Ireland has delivered outstanding performance and leadership and played a huge part in our success." - David Lynn, the managing director of MTV Networks UK, praises its sales operation despite moving the contract to Sky Media.