More than 50 per cent of WPP shareholders are likely to vote against boss Sir Martin Sorrell’s recent pay package according to a report in the Financial Times. Advisory group Institutional Shareholders Services (ISS) says it’s advising its client to ...Read More »
The Leveson Inquiry entertainment goes on, with Tony Blair appearing earlier this week and being engagingly Tony-ish (the bastard), education secretary Michael Gove (a former employee of Rupert Murdoch as a journalist at the The Times) annoying his lordship with ...Read More »
What a busy week: Facebook IPO fiasco, Adam & Eve goes for mind-boggling £60m, Jeremy Hunt on way out and why aren’t we on Google News?
OK, let’s take it from the top: Facebook’s IPO was a fiasco as there was clearly information available about the company’s struggle to reach ad revenue targets that were made available to some investors (the big boys) and not the ...Read More »
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 ...Read More »
Former News International CEO Rebekah Brooks has, as expected, been charged by the UK’s Crown Prosecution Service with three charges of conspiracy to pervert the course for allegedly removing and concealing information pertaining to the Metropolitan Police’s investigations into phone ...Read More »
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, ...Read More »
Why should we, you ask, when it’s so much fun? It is indeed fun to observe the over-mighty Murdochs, paterfamilias Rupert and once super-cocky son James suffering the slings and arrows of the commentariat, various MPs and, rather more worryingly ...Read More »
And pretty gruesome ‘Live for Now,’ sounds, focussing on ‘pop culture,’ as opposed to what’s in the can. According to Pepsi US marketing boss Simon Lowden:”When we look at what Pepsi really stands for, we’ve been an entertainment platform for ...Read More »
UK culture secretary Jeremy Hunt is clinging to his job, will Rupert Murdoch puts the skids under PM David Cameron?
Former News International boss James Murdoch was up before the Leveson Inquiry into media ethics today and, while James escaped pretty well unscathed (in part due to his professed reluctance to read evening emails revealing phone hacking on a grand ...Read More »