How things go full circle. Mike Magee has sold The Inquirer to VNU. Guy Kewney has already blogged regarding his possible role as a catalyst for the deal.
Guy Kewney’s Role in Inquirer purchase
This is an interesting story for a number of reasons. Mike founded The Register with John Lettice and Drew Cullen before falling out with them in 2001 (although many rumours emerged as to the real reason for the bust up, I don’t think anyone other than the participants really know what went on there). He left and set up The Inquirer shortly afterwards – I know a few people at the time weren’t sure whether Mike would be able to replicate the success of The Reg – but he ploughed his own furrow and getting a media giant like VNU to buy it must be viewed as somewhat of a coup.
What remains to be seen is to what extent The Inquirer will retain its unique editorial style now that it is under the VNU wing. The Inquirer (like the Reg) has never been one to pull its punches. Take for example Intel’s Guide To The European Press – whoever was Intel’s PR at the time must have wanted the ground to open up and swallow them.
Of course the terms of the deal are undisclosed. What next we ask ourselves? The Register being bought by IDG?
All the best to Mike on his return to Broadwick Street. At least now the distance from the office to the Star and Garter and Blue Posts can be measure in feet rather than miles.
5 replies on “VNU buys The Inquirer”
Good news for Mike. Congratulations to him. What was Guy’s story btw? Your link isn’t working…
That Intel story has always made me want to create a T shirt where the legend inside the swoosh read Cynic Inside
BTW the story no longer seems to be on Guy’s blog.
How weird – seems like Guy has withdrawn the post – I wonder why? I’ll have to ask him…..
Intel’s Guide to the European Press seems common-sensical at (my) first glance. Was it such a gaffe that it fell into Mike’s hands? Surely he’s come up with more embarrassing scoops than this.
Just a good news for Mike.such story no longer seems to be on most blogger.