Following the annual general meeting of RTL Group, the Group’s newly composed Board of Directors has appointed Thomas Rabe as its new Chairman. Guillaume de Posch and Anke Schäferkordt have been appointed as new Co-CEOs of RTL Group, as already announced in February. Thomas Rabe, Chairman and CEO of Bertelsmann AG, succeeds Siegfried Luther whose […]
While the BBC Trust is agonising over whether to pay its next Director General anything more than about £400,000 (c. $620,000) in annual salary and bonus, US pay-radio operator Sirius-XM has rewarded Mel Karmazin, its CEO, a $1.5 million salary plus $9.2 million in bonuses. His rewards (up 13 per cent) reflect the growth in […]
Following comments made by his predecessor Kim Williams that coverage of an alleged pay-TV piracy in The Australian Financial Review, was “shameful” and “nothing more than an exercise in tar and feathering,” current Foxtel chief executive Richard Freudenstein has described the publication’s reports on the pay-TV market “one of the poorest pieces of journalism I’ve […]
So James Murdoch has quit as chairman of BSkyB. That phrase implies he had a choice, which isn’t really true. The other investors in Sky – who, let us remember, own most of it – were getting nervous that under the continued scrutiny of Parliament and Ofcom the presence of Murdoch in the chair was, […]
It has been confirmed James Murdoch is to step down as Chairman of BSkyB. Following earlier media reports that he had decided to stand down, the BSkyB board confirmed mid-afternoon that Murdoch had resigned as Chairman and would continue to serve in his capacity as a Non-Executive Director of the Company. Murdoch is succeeded as […]
smartclip, the online video advertising specialist, announced the appointment of Andrew Ferrer who will become Agency Group Head in the UK. Ferrer brings to smartclip seven years experience in the advertising, production and sales industry, including five years in Channel 4’s Future and Digital Media Advertising team. In his new role at smartclip, he will […]
Shane McCarthy has replaced Mark Loughran with immediate effect and will assume responsibility for Pace International’s business in EMEA, APAC and Brazil. As President, McCarthy will lead a team of over 700 people, delivering revenues of around $1 billion Pace CEO, Mike Pulli, said, “Shane has been with the Company for over seven years in […]
Sony has announced that Michael Lynton will become CEO of Sony Corporation of America (SCA) and Nicole Seligman will take the role of president on June 27. The moves are part of a number of other management changes at Sony as it changes its top leadership. Kazuo Hirai, currently executive deputy president will become CEO […]
Rupert Murdoch has hit back at reports that a News Corporation subsidiary was allegedly involved in piracy, undermining competitors within the nascent Australian pay-TV industry. The News Corp chief has used Twitter, accusing rival publications of “lies and libels” after the Australian Financial Review reported that Operational Security, established within News subsidiary NDS in the […]
New Sony Corp CEO Kazuo Hirai signalled his determination to turn around the group’s TV business by keeping direct charge of the division, as the company fights to regain ground against rivals. Hirai, who formally takes over as chief executive from Howard Stringer next week, inherits a company that has been outgunned by rivals like […]