Today's media stories from the papers

Top stories on MediaGuardian.co.uk DMGT profits rise despite revenue fall Record operating profits at Daily Mail and Metro thanks to cost-cutting, revival in advertising and strong digital performance Branson announces Virgin's magazine for iPad Tablet computer publication will rival Rupert Murdoch's iPad newspaper the Daily, due to be unveiled next month Michael Grade calls for Channel 4 to be funded from BBC licence fee Former BBC and ITV chairman says change in funding would allow Channel 4 to abandon dependence on ad revenue This week's featured media jobs Net-A-Porter - Sub Editor London/permanent/full time ITN - Media Manager London/permanent/full time Faversham House - Art Editor South Croydon/permanent/full time For more jobs, career advice and workplace news visit guardianjobs.co.uk Today's headlines The Guardian Cloud gaming could spell the end for consoles. P19 Angry Birds mobile game to expand to consoles. P19 Review: Jason Manford at the Hammersmith Apollo. P20 German media empire rocked by battle of owner and son. P30 Michael Grade calls for a share of licence fee to fund Channel 4. P31 The Independent Adviser to President Obama accuses Fox network of 'assassination' by religious and racial smear. P5 Fox News host slams The Simpsons for jibe. P5 Coalition 'tried to force BBC to run government adverts'. P17 Facebook is a goldmine for the investors behind it. P20, 21 DAB radio ads fuel row over digital switchover. P37 Michael Grade calls for Channel 4 to be part-funded by BBC. P42 It's great that Vanessa Feltz has joined Radio 2, says columnist Jane Thynne. Viewspaper P20 Daily Telegraph Queen prepares legal action against paparrazi photographers. P1 Premier League footballer obtains media injunction. P10 Blu-ray disks 'no better than DVD'. P13 Rochdale councillors told to stop tweeting. P17 New government websites plan is exciting vision. P35 Owner of EMI has approaches for Odeon cinema chain. Business P3. The Times The Beatles sell 2m songs in a week on iTunes. P21 Nokia hires Obama aide. P65 Jury trials at risk from internet, says Lord Judge. P79 Financial Times Michael Grade urges BBC and Channel 4 to share licence fee. P4 The Information Commissioner's Office issues first fines. P4 Turning mobile apps into a revenue stream. P17 Tim Berners-Lee leaves mark on Facebook's wall. P23 India's mobile carriers under pressure over 2G selloff. P23 Wall Street Journal Europe Insider-trading investigations to focus on supply data. P22 Daily Mail Parody draft schedule of Katie Price's version of Radio 4's Today programme. P16 Blu-ray DVDs fail to live up to hype. P26 Simon Cowell is downgrading TV, says Michael Parkinson. P35 Terry Wogan turned down chance to appear on I'm A Celebrity...Get Me Out Of Here. P43 Daily Express The Apprentice coverage. P19 The Sun The X Factor coverage. P1, 4, 5 TV and radio star Lisa Snowdon diagnosed with viral meningitis. P3 Forum thread critical of Lib Dem leader Nick Clegg removed from party's website. P8 I'm a Celebrity coverage. P9 The roar of the crown is taking over TV, says Kelvin MacKenzie. P13 Former chief reporter of the Sun loses battle with cancer. P22 The Beatles are a hit on iTunes. P34 Former Dancing on Ice judge Angela Rippon returning to show as a contestant. TV Biz P1 Daily Mirror The X Factor coverage. P3 TV and radio star Lisa Snowdon diagnosed with viral meningitis. P5 I'm a Celebrity coverage. P17 Facebook given go-ahead to trademark the word 'Face'. P38 Daily Star Online return of Alan Partridge gets over 1m hits in first three weeks. P3 The Beatles are a hit on iTunes. P3 The X Factor coverage. P4, 5 I'm a Celebrity. P8, 9 Facebook given go-ahead to trademark the word 'Face'. P29 Google Street View appears to picture baby birth. P35 And finally ... BBC presenter Emily Maitlis teased Donald Trump in a recent interview with questions about his unusual combover hairstyle. The US property tycoon replied: 'It's actually my hair. It's real, if you want to inspect it!' Fellow presenter Selina Scott didn't come off so lightly when she asked him about his thinning follicles. As the Daily Mail's Ephraim Hardcastle column points out, Trump called her 'obnoxious, repetitive and not at all very smart' for daring to enquire about his hairdo. Daily Mail P17 Also on MediaGuardian.co.uk today Group M upgrades 2010 ad forecast WPP's combined media buying operation expects national newspaper advertising to surge £100m to £1.4bn Jonathan Ross and Endemol to develop new TV formats Former Big Brother producer and chatshow host sign exclusive development deal Time Out secures investment partner Private equity company buys 50% of iconic magazine publisher founded by Tony Elliott James Brown to write Reader's Digest column Former lads' mag editor to join staff that includes chef Marco Pierre White and BBC Radio 2 DJ Stuart Maconie Congress warned of harm from WikiLeaks release Congressional committees have been notified of the likelihood of a damaging release of diplomatic cables in coming days German media empire rocked by row between owner and son Dispute escalates within DuMont Schauberg group as son 'uses pseudonyms to criticise father online' Guardian journalist wins award for Iranian protest coverage Saeed Kamali Dehghan from Iran has been named the journalist of the year at the Foreign Press Awards Independent faces legal threat for 'Nazi war criminal' splash pic Indy's front-page report on death of Nazi war crimes suspect used picture of 50-year-old actor, says Croatian media Lord Burns: Channel 4's independence threatened by new bill C4 chairman expresses concern about public bodies bill, which would put channel under ministers' jurisdiction Peers call for ITV PSB deal if ad rules are scrapped Former South Bank Show presenter says regulator should get guarantee over public service content if CRR is dropped