Media roundup: Clear Channel, Electrolux, PPA, Pepsi, Future

We bring you the buzz from the wider media sphere, across the world and across the web. This week: Clear Channel Outdoor losses widen, Electrolux awards 25m ad account, publishers to tackel multiplatform at PPA event, Pepsi launches Jackson can, Future launches new digital title.

Clear Channel Outdoor losses widen as UK billboard revenue declines
Clear Channel Outdoor's losses before income taxes widened 84.7% to $60.5m (£37.4m) in the first quarter, as international revenues were hit by foreign exchange movements and decreased billboard revenues in the UK and Italy.

Electrolux appoints DDB Europe to £25m pan-European ad account
Electrolux, the household appliance manufacturer, has appointed DDB Europe to handle its £25m pan-European ad account.

Publishing's leaders set to explore multi-platform future at PPA Conference
Leaders from the world of magazine publishing are set to tackle the industry's multiplatform future on Wednesday (9 May) at Publishing+, the PPA's conference at the Hilton Metropole.

Pepsi releases limited-edition Michael Jackson cans for global push
Pepsi is gearing up for a major marketing push that will place images of Michael Jackson on limited-edition cans in more than 20 countries to coincide with the 25th anniversary of 'Bad', the king of pop's seventh album.

Future launches digital cycling title
Future has launched Cycling News HD, a weekly digital cycling magazine, through Apple's Newsstand and is offering the first issue free of charge.