John Plunkett is joined by Steve Ackerman, Sam Delaney and Vicky Frost to discuss the stories making the headlines. We talk al-Jazeera's purchase of Current TV and find out exactly how much we spent of the £1bn splashed out on digital downloads in 2012. Plus, we say farewell to Gaydar Radio.

Also this week, we ask what's hot – and what's wet (ITV1's Splash, if you must know) – on the small screen in the new year, and there's the return of the ever popular (our survey said) Media Monkey quiz.

Why the long faces at Channel 4? Find out on this week's Media Talk. But no skipping to the end, please.