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I'm the ´óÏó´«Ã½'s media correspondent and this is my brief selection of what's going on.

The that the ´óÏó´«Ã½ has admitted that TV, radio and online services could be at risk as the corporation seeks cost savings in the face of October's licence fee settlement. Sir Michael Lyons, the outgoing ´óÏó´«Ã½ Trust chairman, said he "could not rule out" the closure of certain services given the tough licence fee settlement, as he today unveiled the conclusions of the corporation's strategy review.

The [subscription required] Ministers' plans for a network of local television companies can be achieved, but a subsidy will be required if inevitable teething problems are to be overcome, a , Culture Secretary, has concluded.

The row over the X Factor final escalated last night as the Equalities Minister warned that the raunchy performances should never have been shown to children. The Lynne Featherstone said that the sexualised routines, which have now sparked 3,000 complaints to Ofcom and ITV, were unsuitable for the show's legions of young fans.

The King's Speech leads the nominations for next year's Golden Globe Awards, with seven nods in key categories, including best film drama. The ´óÏó´«Ã½ reports Colin Firth, who plays King George VI, is up for best actor and Helena Bonham Carter has been nominated for best supporting actress. Voted for by Hollywood's foreign press, the Globes were once a solid indicator for Oscar success, but in the last six years, the only winner of a Globe for best drama which went on to win an Oscar was 2008's Slumdog Millionaire.

The ´óÏó´«Ã½'s newspaper review says several newspapers lead with the latest court appearance of Wikileaks founder Julian Assange. The Guardian describes the decision to grant him bail as a small but significant victory for the Australian. The Independent carries an interview with the man who will put up Mr Assange if he is released from prison after an appeal.

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• ´óÏó´«Ã½ | The King's Speech leads Golden Globe nominations
• ´óÏó´«Ã½ | Newspapers review

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