Mumbrella live blog: Wednesday, February 26

This is Mumbrella’s live blog, your rolling diary of everything you need to know happening in the world of media and marketing. Refresh the page for the latest updates.

Top stories:

• Lachlan Murdoch’s DMG radio cuts ties with Daily Mail rebranding as Nova Entertainment
• Mitchells and Carat to faceoff as Industry Super pitches; MediaCom will not contest Pacific Brands pitch
• Dick Smith has lost his OzEmite trademark battle
• Richard Curtis surfaces as CEO of FutureBrands

5:44pm – Ten has refinanced it’s loan facility – it now has a $200m loan with the Commonwealth Bank which replaces $230m worth of loans it had previously.

5:34pm – Remember those Facebook lookback videos everyone did a few weeks ago (and Facebook said nearly broke the internet)? Well, this is what politician Scott Morrisson’s would look like, according to the boys from A Rational Fear, who are also crowdsourcing cash for a new project.