James Ashton: Fox must prove he is the right man for Mirror job
I have to admit surprise that Simon Fox feels ready to take over the reins at Trinity Mirror. I would have thought a long lie-down under a damp towel would have been preferable to leaping from one troubled firm to another.
Surely the headhunters could have found an alternative to Mr Fox, who was utterly outfoxed by the challenges facing HMV, Britain's sole surviving music retailer?
I'm told shareholders opposed some names suggested to them with newspaper backgrounds. I can see why, but please don't think that reinventing Trinity as a "multi-platform community media group" (copyright Ashley Highfield at Johnston Press) means you have to have some digital eccentric at the helm. Mr Fox's HMV vision was blurred. He carried on trading from too many shops for too long, even though the CD market was crashing, and spent heavily on live concert venues, only to sell them on shortly after.
However, he can redeem himself by making a single phone call. If Mr Fox can finally persuade the Daily Mail group to inject its regional arm, Northcliffe, into Trinity, he instantly creates a local media group that covers much of the country and can sell itself as a proposition to national advertisers. Because of the costs that can be stripped out, it is a deal that gives him a year's air cover to devise a cogent digital strategy.
- 1 Malaysian cyclist could face disciplinary action after 'Save Gaza' gloves protest
- 2 Is Gideon Levy the most hated man in Israel or just the most heroic?
- 3 Fifty Shades of Grey trailer provokes moral outrage from US parenting groups
- 4 McDonald’s removes chicken nuggets from the menu in Hong Kong amid major food scare
- 5 Students offered grants if they tweet pro-Israeli propaganda
Israel-Gaza conflict: Israeli targeting policy under scrutiny after shellfire hits a mother and child, a school full of refugees and a doctor’s home
Students offered grants if they tweet pro-Israeli propaganda
McDonald’s removes chicken nuggets from the menu in Hong Kong amid major food scare
Satellite full of sexually experimental geckos adrift in space, Russia loses control of mission
Costa Concordia finally towed from Giglio amid environmental concerns that cruise liner is a 'floating bomb'
Malaysia Airlines MH17 crash: Vladimir Putin is given 'one last chance' to end hostilities in Ukraine
The 'scroungers’ fight back: The welfare claimants battling to alter stereotypes
The truth about conspiracy theories is that some require considering
Arizona execution lasts two hours as killer Joseph Wood left 'snorting and gasping' for air
Malaysia Airlines MH17 crash: Ukrainian military jet was flying close to passenger plane before it was shot down, says Russian officer
Malaysia Airlines MH17 crash: Massive rise in sale of British arms to Russia
iJobs Money & Business
£600 - £650 per day: Orgtel: Conduct Risk Liaison Manager - Banking - London -...
£18000 - £23000 per annum + Comission: SThree: SThree, International Recruitme...
£280 - £300 per day + competitive: Orgtel: Test Analyst, Edinburgh, Credit Ris...
£20000 - £25000 per annum + OTE £40,000: SThree: SThree Group have been well e...