A strong opening on America’s benchmark share index helped secure gains on the FTSE 100 Index today as global markets rallied higher.

Hollywood media giant Time Warner is in talks to take over 'Footballers’ Wives' and 'Supernanny' television producer Shed Media, it was confirmed today.

The maker of hit television shows 'Supernanny' and 'Who Do You Think You Are?' today said talks over a potential sale were “advancing” as it reported back after a tough year for the broadcast sector.