By Stuart Smith on February 1, 2012
How ironic, you might think, that a momentous development at the UK’s leading PR company should only come to light through an untimely leak. Lord Bell (pictured) and Piers Pottinger, respectively chairman and deputy chairman of Chime Communications, are plotting their exit from the publicly-quoted company by means of a £20m buyout of part of [...]
Posted in News | Tagged Bell Pottinger, chime communications, Chris Satterthwaite, london olympics, Lord Bell, management buy-out, Margaret Thatcher, mark kleinberg, Piers Pottinger, sky news, sports marketing, Stuart Smith, Tim Bell, vccp
By Stephen Foster on November 10, 2011
News Corporation deputy COO James Murdoch did pretty well before his UK Parliamentary Culture, Media and Sport inquisitors today – rebuffing the testimony of former News of the World editor Colin Myler and former legal manager Tom Krone that he has been lying about his knowledge of widespread wrongdoing at the now-defunct newspaper. In this [...]
Posted in Media, News | Tagged Colin Myler, James Murdoch, new of the world, news corporation, parliamentary committee, phone hacking scandal, sky news, Sun, Tom Krone
By Stephen Foster on July 5, 2011
There aren’t too many women at or near the top of Rupert Murdoch’s News Corporation (apart from daughter Elizabeth and wife Wendi of course) but the old boy is very loyal to those who do rise up the ranks. Long-serving Times city editor Patience Wheatcroft was one, being brought back (briefly) to edit the Wall [...]
Posted in Finance, Media, News, Politics | Tagged Andy Couilson, bskyb bid, Clive Goodman, department of culture, Glenn Mulcaire, Jeremy Hunt, media and sport, Milly Dowler murder investigation, news corporation, news of the world, Patience Wheatcroft, phone hacking, Rebekah Brooks, Rupert Murdoch, sky news
By Stephen Foster on June 30, 2011
Ruperr Murdoch’s 81st year could be more significant than any of the others in the media industry veteran’s long and contentious career as boss of News Corporation. Today he’s agreed to sell his social media site MySpace (acquired for $580m back in 2005) to US company Specific Media for just $35m. As recently as 2007 [...]
Posted in Finance, Media, News, Politics | Tagged bskyb, culture secretary, facebook, Jeremy Darroch, Jeremy Hunt, Justin Timberlake, myspace, news corporation, Rupert Murdoch, sky news, special dividend, specific media, takeover bid
By Stephen Foster on March 29, 2011
The row over Rupert Murdoch’s bid to buy all of BSkyB in the UK rumbles on and, underlying it all, is the fear that he might impose Fox News or its equivalent on the UK. Which he still might (if he’s successful) despite his promise to the coalition government to park Sky News in a [...]
Posted in Media, News, Politics | Tagged bskyb, Davy Crockett, fox news, Glenn Beck, Hillary Clinton, Jim Bowie, Rupert Murdoch, Santa Anna, sky, sky news, the alamo
By Stephen Foster on March 4, 2011
Some say it can (The BBC’s Robert Peston who points out that the putative deal with BSkyB is likely to mean a 14-year news provider’s licence in practice), others, like former Sky News boss Andrew Neil, speaking on the BBC, are more doubtful. Sky News is going to be hived off as a separate UK [...]
Posted in Finance, Media, News, Politics | Tagged Andrew Neil, BBC, bskyb, Jeremy Hunt, news corporation, Robert Peston, Rupert Murdoch, sky news
By Stephen Foster on March 3, 2011
And a pretty good job he makes of it although it’s still hard to see why he didn’t just kick the controversial deal by which Rupert Murdoch’s News Corporation wants to buy the 61 per cent of BSkyB it doesn’t already own into the long grass (refer it to the Competition Commission) weeks ago. Unless [...]
Posted in Finance, Media, News, Politics | Tagged bskyb, culture secretary, Jeremy Hunt, news corporation, ofcom, office of fair trading, Rupert Murdoch, sky, sky news
By Stephen Foster on March 2, 2011
Rupert Murdoch has won the first battle of his campaign to take over the 61 per cent of UK pay-TV broadcaster BSkyB he doesn’t already own by persuading coalition government culture secretary he doesn’t need to block the bid. Not that Hunt needed much persuading, he’s already bent over backwards to allow Murdoch’s News Corporation [...]
Posted in Finance, Media, News, Politics | Tagged bskyb, colonel Gadaffi, competition commission, culture secretary, Jeremy Hunt, news corporation, Rupert Murdoch, sky news, Tony Blair
By Stephen Foster on February 25, 2011
News Corporation’s Rupert Murdoch seems to have persuaded UK culture secretary Jeremy Hunt that parking Sky News in some sort of trust is sufficient to allow News’ bid for pay-TV broadcaster BSkyB to evade the clutches of the Competition Commission and go forward to the BSkyB board and shareholders. Murdoch’s current 700p bid for the [...]
Posted in Finance, Media, News, Politics | Tagged Allan Leighton, bskyb, culture secretary, James Murdoch, Jeremy Darroch, Jeremy Hunt, news corporation, News International, news of the world, phone hacking, ruper Murdoch, sky news
By Stephen Foster on December 20, 2010
UK coalition government business secretary Vince Cable has had a trying old time recently, being excoriated by students and their supporters for helping to push through a tripling of higher education charges (despite opposing any such thing prior to joining the Government) and even falling out with his boss, Liberal leader and deputy prime minister [...]
Posted in Media, News, Politics | Tagged coalition government, competition commission, european commission, news corporation, Nick Clegg, ofcom, Rupert Murdoch, sky, sky news, Strictly Come Dancing, Vince Cable
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