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Vivendi - French media giant - has career potential

September 2nd, 2008

Oh la lan’t No, I’ve never heard of Vivendi either. They’re the French company that is now seemingly Europe’s biggest entertainment group. Among their portfolio, they own Universal Music, the world’s biggest record company, pay-TV station Canal+, growing games maker Activision Blizzard, and France’s second largest mobile phone company, SFR – significant as France is the only place left in the developed world where the mobile market is a growing one (Vodafone would love to get their hands on SFR). Universal has flummoxed the music industry by getting digital download sales to outstrip the decline in CD sales. Some feat.  They’re growing gauche, doit et centre, so if you’ve got bad breath and a short temper, get on the Eurostar and get in there!

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Uncle Rup chases the Rupee

August 5th, 2008

I ain’t gettin on no plane Murdoch, you crazy fool! Not happy that the only thing in my house he hasn’t had a hand in printing on is the toilet paper, Uncle Rupert Murdoch’s News Corp (The Times, The Sun, Sky…) plans to invest $100m over the next 12months to start six regional tv channels in India – one of the world’s fastest growing media markets. The channels will broadcast in six languages and run under the Star brand. That brand also has a presence in China, but Rup think India’s more open media sector could provide greater opportunities (less censorship for a start). The company, which also owns MySpace and Twentieth Century Fox, has also pledged to double the number of staff at Dow Jones Newswires, which Murdoch bought along with the Wall Street Journal last year.

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“Tech-savvy” students hired to teach bosses how to use their gadgets

July 2nd, 2008

Reverse Mentoring in Solihull You know how you keep having to show your mum or sugar daddy how to use the Sky+ or predictive text? That’s a career now. The official term for the young teaching the old new gadget tricks is “reverse mentoring.” The media giant Time Warner is employing “tech-savvy” students to give 90min coaching sessions to senior leaders – at $500 a pop! The execs get taken through the capabilities of the iPod and iPhone, as well as shown how to make the most of MySpace, LinkIn and FaceAche. How un-cool is that?!

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Virgin Radio goes Indian as Scots sell

June 5th, 2008

I hear you Hoots Man! Scottish media company SMG has agreed a deal to sell Virgin Radio - for less than a quarter of the amount it bought the station for. SMG has sold Virgin to a group led by the Times of India (TIML) owner for £53.2m. In 2000, it paid £225m for Chris Evans’ Ginger Media Group, which included Virgin and a TV production company.  The sale means SMG is now free to concentrate on its TV channel STV, the ITV station in Central and Northern Scotland. Excited TIML boss AP Parigi said his company had a “proven track record of building powerhouse brands”. But the Indian buyers of Virgin may have to find a new name for the station. It will cost them an extra £8m if they decide to licence that brand name within the next two years.

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GCap Media boss is toast of the City

May 29th, 2008

Fru. Getting married soon. Damn! It seems like only yesterday that Capital Radio owner GCap Media were turning down offers for a sale to allow new boss Fru Hazlitt a chance to make her mark on the company. Actually that was six months ago and now Hazlitt is off, having engineered a £375m takeover from Global Radio and an estimated £1m pay-off for herself. The former British Businesswoman of the year was once at Yahoo. Want some advice? Wherever she goes next, follow.

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