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I'm the ³ÉÈËÂÛ̳'s media correspondent and this is my brief selection of what's going on.

The the ³ÉÈËÂÛ̳ Trust chairman, Sir Michael Lyons, has warned that the ³ÉÈËÂÛ̳'s digital TV services may have to be cut back, as it seeks to make at least £300m of savings in the wake of last year's licence fee settlement. In an open letter to Mark Thompson, Sir Michael said efficiency savings would not be enough to meet the funding gap alone and "hard choices about content and services" would be required. Today the ³ÉÈËÂÛ̳ director general addresses staff about the impending cuts.

The the appointment of the next chairman of the ³ÉÈËÂÛ̳ Trust could see short-listed candidates taking part in "an X Factor-style popularity contest" before a panel of MPs. The two front-runners are Lord Patten, former Tory party chairman, and Sir Howard Davies, director of the London School of Economics. Culture Secretary Jeremy Hunt has been urged to allow the Commons Culture, Media and Sport Committee to summon the final two candidates to demonstrate their credentials.

Following Miriam O'Reilly's tribunal victory, it will take "a seismic change" to alter the culture of the Corporation. She says "Listen to Lorraine Heggessey, the former Controller of ³ÉÈËÂÛ̳ One... Her view on Newsnight and on radio was that her successor, Jay Hunt, had every right to recast a show 'on a whim'".

it is "a rich irony" that the Corporation should have been accused by an industrial tribunal of 'social engineering': "The ³ÉÈËÂÛ̳ likes to present itself as the most progressive organisation in the world, a trenchant opponent of sexism, racism, ageism and every other kind of -ism you can think of."

The ³ÉÈËÂÛ̳'s newspaper review says graphic images and tales from the flood-stricken Australian city of Brisbane fill many of the papers. The Independent shows aerial shots of hundreds of homes submerged by flood water in "the city that drowned".

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• ³ÉÈËÂÛ̳ | Newspapers review

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