YouTube is working on a paid subscription service called Unplugged that would offer customers a bundle of cable TV channels streamed over the Internet, people familiar with the plan said. The project, for which YouTube has already overhauled its technical architecture, is one of the online video giant's biggest priorities and is slated to debut as soon as 2017.

Netflix, the online film and TV streaming site, is on the hunt for a media agency to work on special projects. The company sent out RFPs in April and held chemistry meetings last week. It is looking for shops to come up with ideas for programme launches. The process is being handled directly by Netflix and will not impact its relationship with MEC, which oversees media globally.

The New Day -- the UK's first new stand-alone national newspaper in three decades -- is set to close this week after just over two months in print. It is believed the printing presses will stop after its final edition hits newsstands on Friday, and an insider said staff are shattered by the news.

The advertising watchdog is to crack down on the way broadband prices are marketed -- but will not be tightening rules on the contentious issue of how top speeds are advertised. The Advertising Standards Authority will force companies including Sky, BT, Virgin Media, TalkTalk, EE, 3 and O2 to only be able to advertise a single-figure monthly cost for their broadband packages.

Shop prices have fallen for a third year and manufacturing has begun to contract again, raising fears that the wheels are coming off economic growth. Factories suffered their steepest decline since 2013 in April, prompting warnings of a "deep unease" in the industry as it heads back into recession.

Carling has signed a three-year deal to become the official beer partner of the Premier League -- reigniting its relationship with the competition 15 years after it was succeeded as title sponsor by Barclays. In the intervening years, Carling maintained its link with football as title sponsor of the League Cup between 2003 and 2012.

SoundCloud, the music streaming and sharing service, is to sell advertising for the first time in the UK through Global's digital audio exchange, Dax. Global, the owner of radio stations including Capital and Heart, hailed the deal as a "milestone" because it showed Dax can cater to big audio-tech platforms as well as traditional radio broadcasters.

Posterscope, the Dentsu Aegis out-of-home specialist, has bought Liveposter, an out-of-home platform that enables digital campaigns to run across multiple networks and media owners. The acquisition has been made to bolster Posterscope's global real-time capabilities as digital OOH billings are forecast to grow to 54% of the UK market by 2019.

Eyeo, the maker of Adblock Plus, has partnered with Flattr to launch a product enabling online readers to make small payments to publishers producing content. Flattr, the startup co-founded in 2010 by Peter Sunde, the founder of content-sharing Web site The Pirate Bay, announced today that it had been working on the new product, called Flattr Plus, for "a very long time."