Traditional media may have been a vale of tears for most of its proponents over the past 15 years or so, but not for Richard Desmond. Now the former owner of Channel 5 (below) – sold to Viacom for £463m ...
Read More »Mirror closes in on Desmond’s Express titles
Trinity Mirror CEO Simon Fox is a brave man. Now he’s on the brink of buying Richard Desmond’s Northern & Shell publishing empire, publisher of the Express newspapers and OK! magazine, for a top price of £135m. Desmond bought the ...
Read More »Does Mirror plus Express signal a route to national newspaper salvation?
Will anything come from a resumption of talks between Trinity Mirror and Richard Desmond, owner of the Express newspapers and OK? Sooner or later there’ll be a major rationalisation of Britain’s national newspapers, as there has been in local papers, ...
Read More »What’s next for Richard Desmond as long-time sidekick Stan Myerson calls it a day?
I see that Stan Myerson, Richard Desmond’s number two and “brother-in-arms” is retiring. The British newspaper industry had never seen anything quite like Desmond and Myerson (below, centre, with BT’s Gavin Patterson and Ian Livingston) when they descended on the ...
Read More »Express and Mirror consider extraordinary tie-up
To anyone who can remember the high old days of Fleet Street, when the nation’s hacks proudly strutted their stuff, although not necessarily in the straightest of lines, the notion of the Express and Mirror getting together seems downright preposterous. ...
Read More »Sorrell’s pay hits £30m, Dessie sells Channel 5 for £450m, David’s second coming for ‘subservient chicken’
***More from the wonderful world of adland and its parallel universe of ridiculous pay awards: WPP boss Sir Martin Sorrell trousered £29.8m in 2013, despite having his base pay reduced after shareholders moaned quite loudly about his previous pay packet. ...
Read More »Desmond eyes bumper £700m payday from Channel 5
We haven’t always been UK media entrepreneur Richard Desmond’s biggest fan – he started out at the tacky end of tacky with porn magazines (where he still resides with some of his TV channels) – but the boy certainly has ...
Read More »Sorrell shows his cojones to support GroupM against bully critics and takes another potshot at ‘POG’
Here’s my chum Mark Sweney from the Guardian bearding WPP’s Sir Martin Sorrell (left) on the alleged bullying activities of his media buying giant GroupM, recently criticised by both Richard Desmond of Channel 5 and (on its grip on TV ...
Read More »Desmond puts the boot into old chum Sorrell over GroupM’s TV buying power
If there’s one thing stranger than Channel 5 and Express Newspapers owner Richard Desmond (‘Dirty Dickie’ to his enemies because of his ownership of porn TV channels) addressing the august Royal Television Society, it’s the maverick tycoon taking a pot ...
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