Rupert Murdoch’s 21st Century Fox to formally notify EU of Sky bid UK culture secretary expected to refer takeover to Ofcom due to level of opposition to mogul’s takeover
BBC orders investigation into claims of aggressive TV licence enforcement Capita faces allegations that staff targeted vulnerable people under incentive scheme to maximise collection of fees
Education publisher Pearson reports biggest loss in its history Pre-tax losses soar to £2.6bn as group – planning to sell its Penguin Random House stake – is hit by slump in US textbook sales
Comparethemarket ads lead way as online firms become top TV spenders Comparison sites and Amazon boost spending on the small screen – but Google and Facebook cut campaigns
Six auction sites’ ads banned over misleading savings claims MadBid among those under fire as ASA investigation finds exaggerated claims across the sector
ITV to shut London studio with 40-year history of top programming The London Studios on the South Bank is to close as a result of plans to redevelop HQ on same site, with 140 jobs expected to go
Out with the old, in with the nude: Playboy brings back naked women After scrapping nudity to boost advertising revenue, Hugh Hefner’s son – now at the helm – announces the magazine is ‘taking back our identity’
Spinal Tap creators aim to ‘go to 11’ with $400m lawsuit Harry Shearer joined by fellow band members and director Rob Reiner in claim Vivendi has not fully shared profits
Super Bowl ads trolling Trump: ‘The world is more beautiful the more you accept’ Advertisements for drinks, cars and avocados have taken aim at the controversial policies championed by the new US president and his team
Farewell, American Apparel. Your moment has passed As the high street clothing brand closes its doors, all we are left with are memories of ‘porny’ fashion shoots and outrageous adverts, says Eva Wiseman
Falling DVD sales put boot into profits at Sony Pictures The rise of streaming, in a golden era for television drama, has spelt trouble for traditional film studios
Matthew McConaughey on Trump: It’s time for Hollywood to embrace him The actor says the entertainment industry has no choice but to put aside political differences and ‘be constructive’
Sex doesn’t sell any more, activism does. And don’t the big brands know it From Starbucks supporting refugees to Kenco taking on gangs, big businesses are falling over themselves to do good – and to let us know about it
BT fires opening shot at Sky in new Champions League rights battle Arch-rival accused of too much dominance as BT Sport fights to retain exclusive UK rights when Uefa opens bidding in March