The new owner of the Spectator didn’t cough up £100m just for the fun of it | Anne McElvoy

Print media do face challenges but the influence they offer – especially on the right – is considerable‘Expect the unexpected” is the bland but pointed advice given by the evasive editor of the Daily Beast to the bemused William Boot, accidental protagonist in Evelyn Waugh’s deathless Fleet Street satire, Scoop. This has turned out to be durable counsel when observing the ins and outs of newspaper proprietors: much that is solid has a tendency to melt.So the Spectator (for which I worked in the late 1990s under the Telegraph Group ownership of Conrad Black) had a long period under the sway of the Barclay family, which has come to a debt-laden crashing close. The weekly magazine has been sold for a reassuringly high £100m to the hedge funder Sir Paul Marshall, after an Abu Dhabi-backed bid to buy it collapsed amid concerns that state-backed entities should not own UK news outlets. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2024-09-15 08:00:52 UTC ]
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Living Oasis owner enters insolvency

Written By: Lisa Campbell Publication Date: Thu, 04/08/2011 - 14:30 The parent company of Living Oasis bookshops has entered insolvency. Suppliers were issued with an insolvency notice for The Nationwide Christian Trust (NCT), signed by its owner Ray George, on 1st August. The first meeting... Continue reading at The Bookseller

[ The Bookseller | 2011-08-04 00:00:00 UTC ]
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Living Oasis owner puts chain up for sale

Written By: Lisa Campbell Publication Date: Fri, 29/07/2011 - 09:19 The owner of Living Oasis is in talks with a “third party” to buy the chain after he closed two of his four remaining shops. Ray George, chairman of the Nationwide Christian Trust (NCT), which bought 19 former Wesley Owen... Continue reading at The Bookseller

[ The Bookseller | 2011-07-29 00:00:00 UTC ]
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Bookshop owners "earn £22,000 per year"

Written By: Lisa Campbell Publication Date: Wed, 25/05/2011 - 14:13 Independent bookshop owners paid themselves an average wage of £22,200 in 2010, according to a new survey. Figures revealed that the average sales of those bookshops which took part in last year’s Bookseller Fitness Programme... Continue reading at The Bookseller

[ The Bookseller | 2011-05-25 00:00:00 UTC ]
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New Republic Editor (and Part Owner) Steps Down After 37 Years

Marty Peretz, the editor-in-chief of The New Republic of the past 37 years, is stepping down and taking the title of "editor-in-chief emeritus." Editor Richard Just takes over as editor-in-chief. Perezt, who wrote a blog called The Spine, will continue to write a column for TheNewRepublic.com. Continue reading at Folio Magazine

[ Folio Magazine | 2011-01-27 00:00:00 UTC ]
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