MEDIA WATCH - Paxman interviews Sir Martin Sorrell; Royal Mail strike means 20m letters in limbo, Telegraph says

by Noelle McElhatton, marketingdirectmag.co.uk 16-Sep-09, 11:54

On Newsnight earlier this week, WPP chief Sir Martin Sorrell was interviewed about the balance of economic power post-credit crisis, with Paxman remarking on Sir Martin's "mere £20m salary".

Paxman teases Sir Martin about his "mere £20m salary"

On last night's Newsnight special on the first anniversary of the credit crash, WPP chief Sir Martin Sorrell was asked if he thought the balance of power had shifted to China post credit crunch. Sir Martin replied power now rested with not only China, but the Far East, Central and Eastern Europe, as well as Africa.

In a discussion on the rise of protectionism, Sir Martin said the Chinese "didn't like" the way President Obama announced US tariffs on imported tires on Friday. Sir Martin was attending the World Economic Forum in Dalian, China at the time. "They felt it was a bit disrepectful towards them," Sir Martin noted.

Paxman introduced Sir Martin last night by commenting that the WPP chief's salary had dipped to "a mere £20m" because of the recession. A camera close-up of Sir Martin reveal his lips twitching into a half smile at the remark.
Newsnight, BBC2, 15 September 2009

Shock at Adobe's bid to buy online analytics giant Omniture
News that US design software maker Adobe has made a $1.8bn bid to internet analytics firm Omniture has shocked many technology industry insiders, according to the Guardian. This is especially as the announcement came hard on the heels of news that Adobe had suffered a 29% decline in profits last year.
The Guardian, 16 September 2009

20 million letters trapped in Royal Mail strike
As many as 20 million letters and parcels are now waiting to be cleared after a series of rolling strikes by some 20,000 Royal Mail employees which have been hitting the network since July, the Daily Telegraph reports today. Credit and store card statements are among the trapped mail, raising fears that the credit rating of many people may be affected.

The article quotes DMA spokesman Robert Keitch. "Disruption to the post will drive companies away from using mail to sell their products, which will not be particularly helpful to the Royal Mail and its employees when mail volumes are already down year-on-year," Keitch said.
Daily Telegraph, 16 September 2009