Sir Anthony O'Reilly, the chief executive of the publisher of The Independent newspaper, is to step down. Sir Anthony, 72, has been involved with Independent News & Media for 36 years, and has a 28.6% stake in the group. His son, Gavin O'Reilly, who joined the business 16 years ago, will take over the role from 7 May.
Thursday, February 26, 2009
I told myself I wouldn’t bother rounding up bad news about the new business anymore but feel like pointing to these: NZ writedowns hurt APN’s profit “Another Australasian media company – APN News & Media – is reducing the value of key assets as the advertising downturn bites on both sides of the Tasman. “The [...]
Tuesday, January 27, 2009
From NZPA (via nbr.co.nz): Irish media tycoon Tony O’Reilly has failed to find a buyer for his media assets down under, including the New Zealand Herald newspaper, and is under pressure to offload assets closer to home to ease his empire’s debt burden. Independent News&Media (INM) confirmed it has given up a two-month attempt to [...]
Evolving Links
Tuesday, March 17, 2009
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