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HMV's Simon Fox takes on mission very difficult indeed at Trinity Mirror

HMV’s Simon Fox takes on mission very difficult indeed at Trinity Mirror

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 [...]

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Were sacked Mirror editors plotting a takeover?

Were sacked Mirror editors plotting a takeover?

By Stephen Foster on June 1, 2012

Sacked Mirror editors Richard Wallace (Daily) and Tina Weaver (Sunday) were plotting a buyout of their employer Trinity Mirror’s national titles before they were unceremoniously given the boot on Wednesday, according to the Telegraph’s media editor Katherine Rushton. It’s not clear from Rushton’s story, which was rubbished this morning by former Mirror editor Roy Greenslade [...]

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The real victim of the carnage at the Mirror newspapers is the brand

The real victim of the carnage at the Mirror newspapers is the brand

By Stuart Smith on May 31, 2012

The Rabelaisian guffawing in The Mirror’s newsroom when Trinity Mirror’s chief executive announced her unlamented departure is now reduced to a sullen whisper. Who will be next, the hacks timorously wonder as they survey the seismic damage caused by this morning’s fresh round of top level sackings? Out, in short order, have gone Richard Wallace, [...]

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Morning of the long knives at the Mirror as new boss Grigson dumps editors Wallace and Weaver

Morning of the long knives at the Mirror as new boss Grigson dumps editors Wallace and Weaver

By Stephen Foster on May 30, 2012

A month ago we asked if anyone still needed Trinity Mirror, publisher of the Daily and Sunday Mirror, the (Sunday) People and a gaggle of regional titles. This was in the wake of Sly Bailey’s removal as CEO when shareholders jibbed at paying her £1.7m a year to run a company whose value had declined [...]

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It's time the UK's 'over-mighty' media turned on David Cameron and George Osborne

It’s time the UK’s ‘over-mighty’ media turned on David Cameron and George Osborne

By Stephen Foster on May 18, 2012

For a couple of years at least the UK media markets have been defying gravity, showing reasonable growth (in the circumstances) despite a wider economy that’s stagnant at best. Over the weekend UK PM David Cameron (pictured) will be hobnobbing with the G8 group of industrial nations at Barack Obama’s Camp David weekend place. He [...]

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Is Sir Martin Sorrell's new WPP pay deal going to be the pushover we thought?

Is Sir Martin Sorrell’s new WPP pay deal going to be the pushover we thought?

By Stephen Foster on May 11, 2012

A while ago we wrote that WPP boss Sir Martin Sorrell’s pay rise from £1m to £1.3m (which will trigger even larger bonuses) would be a ‘walkover,’ – shareholders wouldn’t necessarily be happy but the company was performing well so they’d just have to lump it. But that was before the bosses of UK FTSE [...]

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As boss Sly Bailey quits in pay row - does anyone still need Trinity Mirror?

As boss Sly Bailey quits in pay row – does anyone still need Trinity Mirror?

By Stephen Foster on May 4, 2012

Sly Bailey, Sylvia as was, has quit her job as CEO of Trinity Mirror, publisher of the Daily Mirror, Sunday Mirror and People plus a collection of local papers in an argument with shareholders over her £1.7m pay package. Bailey, a former IPC Magazines boss before she took over at the Mirror in 2003, faced [...]

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Now News Corp is pursuing its own hacks: Will this save brand Sun from advertiser oblivion?

Now News Corp is pursuing its own hacks: Will this save brand Sun from advertiser oblivion?

By Stuart Smith on January 30, 2012

Arrested: four senior Sun hacks, plus an allegedly bent copper. Is this the moment that damage to the Sun newspaper brand becomes systemic and unstoppable? Not if News Corp, which ultimately owns the title, has calculated correctly. After all, the information that led to the arrests – carried out as part of the Operation Elveden [...]

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Could boss Sly Bailey be on her way out at ever-declining Trinity Mirror?

Could boss Sly Bailey be on her way out at ever-declining Trinity Mirror?

By Stephen Foster on December 21, 2011

The Financial Times seems to think so, judging by an apparently well-sourced report that describes shareholder unrest at the UK national and regional newspaper company. UK newspapers, even posh ones that write about business such as the FT, don’t usually speculate aloud about the prospects of key executives in their own industry but the News [...]

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Will the News of the World save Mirror publisher?

Will the News of the World save Mirror publisher?

By Stephen Foster on August 12, 2011

Rupert Murdoch isn’t a very happy bunny at the moment although he can console himself with the thought that things could be much worse (they still might be). But what the News Corporation boss probably hates the most is that his decision to close the News of the World in the wake of the phone [...]

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