The image on the right has been doing the rounds via email this week.
Still, it’s a good deal less ostentatious than the preferred mode of transport of Fairfax Media chairman Ron Walker, if today’s Strewth column in The Australian is to be believed. The paper reports that, Fairfax cutbacks notwithstanding, he’s been cruising around in a $600,000 bright red Ferrari.
Indeed, The Oz has been twisting the knife on poor old Fairfax. The paper’s City Beat column highlights the company’s declining share price. Recalling the momentous occasion it first fell below the then $1.30 price of its title The Sydney Morning Herald, The Oz reports: “They hit a record low 83c yesterday and could yet test another key support level – the 55c cover price of Cessnock Advertiser.” Still, it could be a great promotional incentive – get a free Fairfax share with every paper.
There’s an air of bro-mance about PHD director Mark Holden’s admiration for Clemenger BBDO’s ECD Richard Maddocks. In an interview with Campaign magazine, he describes Maddocks as having a “mind like a firework display.” Asked about what he’d do with 24 hours to himself, Holden adds: “I would probably meditate. Seek websites about quantum weirdness, consciousness, nanotechnology, technology, complex systems, the future and design.” So just a typical media agency person, then.
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