Yell profits to miss market expectations Heavily indebted Yellow Pages publisher to review strategy as digital media fail to stem decline in print advertising. By Mark Sweney
David Joseph: The music industry will survive the digital revolution He's overhauled the Brit Awards, but can Universal Music's UK boss steer his label through the great unknown? By Adam Sherwin
Facebook considers $1bn staff share sale Sale possibility raises value of Mark Zuckerberg's company to $60bn on the day that Twitter's price tag climbed to $10bn
Twitter valued at $10bn as Google and Facebook reportedly vie to buy it Loss-making microblogging site loved by celebrities is sought by big players amid new dotcom boom
Warner Music’s revenue falls 14% Digital income slips as CD sales continue steep decline. By Mark Sweney
Sky Movies making ‘excess profits’, says Competition Commission Broadcaster could be forced to change the way it deals with rivals and US studios after regulator's preliminary finding. By Mark Sweney
Sony profit down 8.6% in third quarter Revenues fall in TV, film and music divisions despite rise in digital music sales and box office success of The Social Network. By Mark Sweney
Time Warner profits lifted by Harry Potter and advertising recovery Warner Studios and HBO parent reports 26% increase in fourth-quarter profit to $769m, boosted by hit films such as Harry Potter and Inception
Ofcom to review practicalities of Digital Economy Act Jeremy Hunt asks regulator to investigate how act will work, saying he has 'no problem' with site-blocking measures in theory. By Josh Halliday
AOL buys GoViral for $96.7m Co-founders of online content company to pocket tens of millions of pounds after takeover. By Mark Sweney
Rights holders alliance to defend Digital Economy Act High court allows Premier League and trade bodies to make legal submissions in judicial review. By Mark Sweney
O2 launches free Wi-Fi service Mobile operator O2 to offer free public internet hotspots across the UK, even to non-customers. By Josh Halliday
Yahoo threatens more job losses as net revenue dips Just weeks after internet portal announced it would lay off entire divisions, quarter four results show revenue fell 4%. By Charles Arthur
Google to hire 1,000 in Europe Outgoing chief executive Eric Schmidt announces aggressive expansion after fourth-quarter profits of $2.54bn. By Mark Sweney
Amazon’s Lovefilm deal could turn every home into a multiplex Dan Sabbagh: Films accessible down the phone line are the future of entertainment