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We live and work in exciting times - revolutionary times. Technology continues to recast the media industry.
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Tuesday, 31 July 2007
The old apprentice
Interesting counterpoint to the emotional Bancroft family, where some are trying to hang onto the family jewels, and not take the money and run. Sir Alan Sugar sells Amstrad to BSkyB, cutting the emotional ties to a business he's grown from scratch, taking in different directions over 25 years, and pockets £30m+ for his trouble. Granted his major revenues these days come from property interests, and his share of the licence fee, but you have to wonder if there isn't a small tinge of sadness about the ending of an era. Maybe a shy tear or 2 running down his face into his carefully groomed beard. On second thoughts, probably not.