MEDIA

Beijing - Baidu reported a 60% jump in sales to RMB5.5 billion in its Q2 results, driven mostly by its search marketing revenue.

Regional - Soon after its acquisition by Denstu, Aegis Media has made a senior regional hire.

Singapore - The publisher of Nylon Singapore has launched a magazine targeting young males aged 18 to 35 years.

Global - Rupert Murdoch resigned from a number of News Corp. boards as the company prepares to divest its publishing and entertainment properties.

Global - Unilever is the main sponsor for a new channel launched by YouTube dedicated to Ramadan shows in another push to increase its presence in Africa.

Hong Kong – Online ad network Adsfactor’s parenting channel has bypassed Baby-kingdom.com with the highest monthly unique visitors.

Beijing – More internet users in China are going online via mobile phones than desktop computers for the first time.

Beijing – Tencent is set to buy stake in a major business and finance media company, according to China Daily.

Hong Kong - Free newspaper Headline Daily has given its Saturday edition a face lift as part of its 7th anniversary.

Singapore - Burda Singapore has added a new magazine to its stable.

Hong Kong - A last-ditch agreement has been reached between i-Cable and the two free-TV stations over broadcasting the London Olympics.

Global - Microsoft is selling its 50% stake in news site MSNBC.com, ending a 16 year partnership with US TV network NBC.

Hong Kong - Many more Hong Kong people are opting for the internet and smartphones to follow the Olympics this year than in 2008, an Ipsos study found.

Hong Kong - Hong Kong has been reassured the London Olympics will be on free TV, but how much difference will it make for advertisers?

Singapore - Spring Singapore has appointed a media agency for its multi-million dollar media buying and planning business.

Global - Yahoo and Facebook have called a cessation to legal hostilities with a deal to share patents.

Beijing – Youku has locked in another international television production and distribution network to offer Hollywood blockbusters for Chinese viewers.

Hong Kong - Roadshow's long-time monopoly of in-bus TV is over.

Regional - FOX International Channels' Simeon Dawes admits providing a high degree of flexibility in pay-TV advertising is difficult but inevitable.

Regional - Owner of Issey Miyake, Elie Saab and Jean Paul Gaultier to bolster its Asia operation.

New York - The company's struggling newspaper business to operate independent of its fast-growing film and entertainment assets.

Beijing - The government-run China Movie Channel will launch a movie streaming service in a licensing deal with Paramount Pictures.

Global - Fallout from UK phone-hacking scandal could rip the company in two.

Hong Kong - ATV is going to court to block the Communications Authority from releasing a report that proposes a HK$1 million fine and slams the station's top management.

Hong Kong - Free newspapers drag down profits for the Hong Kong Economic Times group.

Global - After Bloomberg Businessweek and The Economist, Time Inc launched wide-ranging strategy to match the pace of growth in tablets.

Beijing - Global paints company Akzo Nobel has consolidated its traditional and digital media duties across China with one agency partner.

Hong Kong - A new report shows top Hong Kong brands are spending millions to build their social media presence on Facebook, with the top 10 spending in excess of $25 million in total.

Global - Bloomberg continues to find success with its digital editions, signing up a raft of major advertisers for its latest iPad launch.

Hong Kong – SCMP Group will form a joint venture with Hearst Corporation on key publishing titles in Hong Kong almost a year after it acquired Hachette Filipacchi Hong Kong.