Trinity Mirror’s Sly Bailey pockets £1.66m

Trinity Mirror paid its chief executive Sly Bailey £1.66m in 2010, reports the Guardian.

That figure included a £660,000 bonus as the publisher tripled pre-tax profits from £42m to £123m. However the company’s stock price fell by 20 per cent after it predicted a “slow and volatile” recovery in the months ahead.

In total, Trinity Mirror remunerated its executive and non-executive directors to the tune of £3.83m, up from £3.77m in 2009.

(Source: MediaGuardian)




“Before we all sink into a slough of digital dystopian despair, it might be worth considering this: is this a sign of the strength, not weakness, of revelatory journalism in the digital age?”

Charlie Beckett, director of POLIS at the London School of Economics, reacts to news that the UK government forced the Guardian into destroying hard drives that contained information leaked by Edward Snowden.

(Source: POLIS)


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