By Stephen Foster on January 14, 2013
**Long-suffering music business HMV has finally toppled into administration as suppliers have refused more credit. It’s all about downloads of course, there aren’t enough old farts (like me) hunting around for CDs. The move follows hard on the heels of the Virgin music business in France going down the tubes (Sir Richard got out years [...]
Posted in Agencies, Clients, Creative, Finance, Media, News | Tagged Carolyn McCall, downloads, easyJet, hmv, margate, Rupert Howell, Simon Fox, sue Douglas, the ambrette, the people, vccp
By Stephen Foster on December 26, 2012
At this time of year – in the UK at least – we hear a lot about the impending doom for a number of high street retailers (so far unspecified) who are struggling to pay their next quarterly rent bill even though their tills are stuffed with cash from Christmas and the sales. Therefore it’s [...]
Posted in Analysis, Finance, Media, News | Tagged news corporation, news of the world, Rupert Murdoch, Simon Fox, the guardian, the times, trinity mirror, Wall Street Journal
By Stephen Foster on August 31, 2012
He likes a challenge does Simon Fox. The outgoing CEO of stricken high street music seller HMV is to take over from Sly Bailey as CEO of Trinity Mirror, the rapidly-disappearing national newspaper group. Fox (left), who famously turned down the opportunity to take the top job at ITV (now occupied to his great profit [...]
Posted in Finance, Media, News | Tagged daily mirror, David Grigson, hmv, Simon Fox, Sly Bailey, trinity mirror
By Stephen Foster on January 5, 2011
HMV CEO Simon Fox must be wishing he’d taken the ITV CEO job when it was being dangled under his nose a couple of years ago. But while eventual choice Adam Crozier is basking in ITV’s resurgence, Fox is reporting slumping sales and profits and coping with the real prospect of HMV, a pillar of [...]
Posted in Clients, Finance, News | Tagged Adam Crozier, hmv, itv, Simon Fox, Tim Waterstone, waterstone's, woolworth
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