Roger Parry

Last updated

Roger Parry
CBE
Roger Parry FoM 2012..JPG
Roger Parry at the Festival of Media Montreux 2012
Born1953 (age 70–71)
London, United Kingdom
NationalityBritish
Education Sutton Grammar School for Boys
Alma mater Jesus College, Oxford,
Bristol University
Occupation(s)Businessman, journalist
Known for BBC, Clear Channel,
Shakespeare's Globe, HMV, ITV,
Jazz fm, LBC, YouGov
Spouse Johanna Waterous
Children1

Roger George Parry CBE (born 1953) is a media and technology entrepreneur based in the UK. He is chairman of a number of companies quoted on the London Stock Exchange including Oxford Metrics plc [1] and YouGov plc. [2] He is the co-founder of the international marketing communications group MSQ Partners [3] [4] and of the television drama production company Chrysalis Vision. [5] [6] He is a visiting fellow of Oxford University. [7] And is the author of six books and writes extensively on the media and associated topics. He was chairman of the trustees of Shakespeare's Globe theatre [8] for eight years. He is a non-executive member of the board of directors of Uber.

Contents

Early life

Born in London, he was a pupil at Sutton Grammar School for Boys, and educated at the Universities of Bristol and Oxford. [9]

Career

His first job in 1976 was as personal assistant to Charles and Maurice Saatchi, the founders of Saatchi & Saatchi. [10]

From 1977 to 1985 he was a television and radio reporter with the BBC, ITV and LBC. He worked on the Today programme on BBC Radio 4, BBC News and Thames News. [11]

In the mid-1980s he was a consultant with McKinsey & Co. [12] He was there at the same time as Adair Turner, Howard Davies and Archie Norman.

In the late 1980s he was Development Director of the advertising group WCRS which became The Engine Group.

In the 1990s he was part of the team that restructured Aegis Group and built up Carat the media buying network. In 1993 he was appointed the President of Carat North America. [13]

From 1995 to 1998 he was CEO of the UK media company More Group plc. [14]

In 1998 Parry was appointed as a Trustee of Shakespeare's Globe Theatre having been involved with the project since 1987 when he wrote the original business plan – whilst a consultant at McKinsey. In 2005 he was appointed as chairman a post he held until 2013. He was succeeded by Lord Falconer.

In 1998 Parry was one of the founding directors of Clear Media which has become one of China's leading outdoor advertising companies. In 2001 Clear Media was floated on the Hong Kong stock market with a value of US$450 million. Parry was Deputy chairman. [15]

From 1998 to 2005 he was CEO of Clear Channel International which, at the time, was the World's largest operator in radio broadcasting, live entertainment and outdoor advertising. In 2006 Clear Channel was taken private in a buyout valued at US$27 billion. The live entertainment division was later floated as a new company under the name Live Nation Entertainment

From 2001 to 2009 he was Chairman of Johnston Press plc, the UK's largest regional newspaper group. Based in Edinburgh it owns more than 300 titles including The Scotsman and Yorkshire Post . From 2001 to 2011 he was Chairman of magazine publisher Future plc (based in London, Bath and San Francisco) which owns more than 100 titles including Total Film, Digital Camera and Xbox Magazine .

In 2007 Parry become Executive Chairman of international marketing communications group Media Square plc which he subsequently took private in a management buy-out in 2011 to create an employee owned business called MSQ Partners. [16] In 2023 MSQ was sold to private equity group One Equity Partners in a deal reported by the Sunday Times to be worth £170 million [17]

Parry was appointed as non-executive director of Uber on 6 April 2018. [18]

Activities

In February 2014 The Sunday Times reported that Parry along with entrepreneurs Chris Wright And Luke Johnson had founded a company to produce television drama called Chrysalis Vision. [19] In December 2015 they used the innovative crowdfunding platform CrowdCube to raise US$500,000 (UK£330,000) to fund operations. [20] [21]

In both 2011 and 2012 Parry was the Chairman of the Global Festival of Media held in Montreux [22]

In November 2010 Parry was named by bookmakers Paddy Power as the 11/8 favourite to become the next Chairman of the BBC Trust – a role which in fact went to Lord Patten [23]

In 2009 he was commissioned by the UK's Conservative Party to write a report on the future of local media. [24] [25] His proposals on local TV were subsequently adopted as Government policy by Culture Secretary Jeremy Hunt. [26] [27]

Also in 2009 he was appointed as the Chairman of the Local Media Alliance which was a consortium of local newspaper groups lobbying for changes to the UK's competition regulations [28]

During 2006 he was linked with a number of private equity bids including one for the retail chain HMV [29] and another for the British television broadcaster ITV. [30] He was twice forced by the UK Takeover Panel to deny rumours that he was about to bid for ITV. [31]

Between 2000 and 2005, he was frequently mentioned as a possible bidder for the radio station Capital 95.8 and in 2003 the CEO of Capital said that if Parry did make an offer it would be rejected out of hand. According to The Guardian newspaper, Parry responded to this by saying: "It would be like Ann Widdecombe turning down a date from Brad Pitt". [32]

In 2003 it was suggested that Parry as Chairman of Johnston Press might have agreed to the sacking of the editor of a local paper in Hartlepool who had been critical of his local MP Peter Mandelson at the request of the Prime Minister Tony Blair. Parry was highly critical of the Hartlepool Mail editor in a speech he gave to the Johnston Press Editors' conference. The attack was so pointed that North East Press (a division of Johnston Press) Editorial Director Andrew Smith raised the speech with Chief Executive Tim Bowdler. Mandelson, Blair and Parry had been contemporaries at Oxford University in the late 1970s. All three men subsequently denied the allegation. [33] Hartlepool Mail editor Harry Blackwood subsequently accepted an out of court settlement from Johnston Press.

In 2003 as the largest private shareholder in the radio station 102.2 Jazz FM Parry held the casting votes in a hostile take-over by the Guardian Media Group which was opposed by the Jazz FM management. He voted for the sale and was criticised by the Jazz FM CEO. [34]

In 1999 Parry and Mark Slater floated a company called Internet Indirect plc on the London Stock Exchange which rapidly achieved a market value in excess of £200 million. [35] In 2000 it was sold to rival technology investment group Newmedia Spark plc with Parry and Slater reported to have made more than £3m [36]

In 1998 during a contested bid battle for More Group plc he referred to the Chief Executive of commercial rival JC Decaux and would-be hostile bidder, Jean- Francois Decaux, as being two baguettes short of a picnic . [37]

In 1984 he was named as one of the people behind the highly successful pirate radio station Laser 558. [38] Also that year Parry was a member of a consortium including Jocelyn Stevens and Tina Brown which attempted, but failed, to win the franchise for the London radio station LBC. In 1994 he tried again with London Radio which also involved broadcaster John Tusa and was, this time, successful but sold the station 9 weeks later at a profit of £5 million. [39]

Parry was appointed Commander of the Order of the British Empire (CBE) in the 2014 New Year Honours for services to media and the arts, particularly the Globe Theatre. [40]

Publications

In July 2006 he wrote an article for the Financial Times about the future of television and the Internet called "A Box to transform the media" [41] which resulted in a lively debate about the convergence of technologies and the effect on broadcast television. [42]

He has written numerous book reviews including of: Wikinomics by Don Tapscott in 2007, [43] Crowdsourcing by Jeff Howe in 2008, [44] Free by Chris Anderson in 2009, [45] One Click – the biography of Jeff Bezos by Richard Brandt [46] and The Firm by Duff McDonald. [47]

His published books are:

Personal life

Parry is married to Johanna Waterous. [48]

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References

  1. ↑ "Oxford Metrics web site". oxfordmetrics.com. Retrieved 9 August 2018.
  2. ↑ Jane Martinson Roger Parry: Profile. The serial media executive, Guardian, 8 September 2006
  3. ↑ "Home – MSQ Partners". www.msqpartners.com. Retrieved 9 August 2018.
  4. ↑ Elliot Haworth Archived 27 December 2017 at the Wayback Machine , City AM, 7 November 2017
  5. ↑ "Home". chrysalisvision.com. Retrieved 9 August 2018.
  6. ↑ Simon Duke , Sunday Times, 16 February 2014
  7. ↑ Visiting Fellows Archived 11 February 2010 at the Wayback Machine
  8. ↑ Globe "Shakespeare's Globe :: Information". Archived from the original on 22 September 2007. Retrieved 22 September 2007., 2007
  9. ↑ Who's Who 2005: An Annual Biographical Dictionary (157th annual ed.). London: A & C Black. 2005. ISBN   0-7136-7010-X.
  10. ↑ A List , Campaign, 2006
  11. ↑ "Roger Parry's carnival clichés". The Guardian. UK.
  12. ↑ McKinsey News "Roger Parry (85-88 LON) Moves in Acquisitive Ways". Archived from the original on 23 September 2007. Retrieved 2007-09-22., Alumni News 13 June 2006
  13. ↑ Stuart Elliot A British agency in the US, The New York Times, 21 August 1996
  14. ↑ Saeed Shah Roger Parry: The man with the plan for ITV does his rounds of London's media village Archived 8 October 2006 at the Wayback Machine , Independent, 9 September 2006
  15. ↑ Damian Reece Clear Media Float Daily Telegraph, 9 December 2001
  16. ↑ "Media Square chairman and CEO lead management buyout – News". research-live.com. Retrieved 9 August 2018.
  17. ↑ Jamie Nimmo (11 June 2023). "Advertising Group has expansion on horizon after £170m sell-off". Sunday Times.
  18. ↑ Rogers, Alexandra (6 April 2018). "Uber appoints former Acromas travel head and YouGov chairman as non-executive directors in board shakeup". City A.M. Retrieved 9 April 2018.
  19. ↑ Simon Duke Can we make a killing from boxed sets?, Sunday Times, 16 February 2014
  20. ↑ Hannah Gannagé-Stewart Chrysalis Vision Embraces Crowdfunding, Broadcast,20 November 2015
  21. ↑ Chrysalis Vision Overfunded , CrowdCube
  22. ↑ Festival of Media
  23. ↑ Steve Hewlett Guardian, 22 November 2010
  24. ↑ Maisie McCabe Troubleshooter April 21st 2009
  25. ↑ Creating Viable Local Multi-Media Companies in the UK Archived 18 July 2009 at the Wayback Machine July 2009
  26. ↑ "Tories call for American-style local news channels by Andrew Porter". Daily Telegraph=UK. 14 July 2009. Archived from the original on 19 July 2009.
  27. ↑ "Tories plan 80 city-based TV stations for local news by Dan Sabbagh". The Times=UK. 15 July 2009. Archived from the original on 14 May 2011.
  28. ↑ Dominic Ponsford Overwhelming evidence Archived 16 June 2011 at the Wayback Machine , Press Gazette, 30 March 2009
  29. ↑ Andrew Davidson The leading man in Permira’s HMV bid, Sunday Times 12 February 2006
  30. ↑ James Robinson Can Roger Parry see his way clear to take control of ITV? Archived 7 August 2006 at the Wayback Machine , Observer, 6 August 2006
  31. ↑ Chris Tryhorn Parry rules out ITV bid, Media Guardian 11 October 2006
  32. ↑ Jessica Hodgson Cultures clash at Capital, The Observer, 20 July 2003
  33. ↑ "Monkey Business in the North by John Booth". The New Statesman. UK. 10 March 2003. Archived from the original on 28 August 2008.
  34. ↑ Dan Milmo Guardian closes in on Jazz FM, The Guardian 22 May 2002
  35. ↑ Julia Finch Net News Guardian, 21 October 2000
  36. ↑ Simon Goodley NewMedia Board Daily Telegraph, 20 December 2001
  37. ↑ Christene Harper Insults fly in battle of the billboards, The Independent, 3 May 1998
  38. ↑ "Exclusively revealed – The Mysterious People Behind Radio Laser." , Evening Standard, Sunday Times
  39. ↑ Media Guardian 100 Roger Parry, The Guardian, 12 July 2004
  40. ↑ "No. 60728". The London Gazette (Supplement). 31 December 2013. p. 9.
  41. ↑ A Box to transform media Financial Times, 3 July 2006
  42. ↑ Financial Times, 3 July 2006
  43. ↑ "Wikinomics". Archived from the original on 9 November 2007. Retrieved 22 September 2007.
  44. ↑ "Crowdsourcing". Archived from the original on 1 March 2010. Retrieved 20 January 2010.
  45. ↑ Free [ dead link ]
  46. ↑ "Book review: One Click, by Richard L Brandt". managementtoday.co.uk. Retrieved 9 August 2018.
  47. ↑ "BOOKS: Masters of the universe". managementtoday.co.uk. Retrieved 9 August 2018.
  48. ↑ "UK: HE'S ON TOP, SHE'S ON TOP - This is the age of the power couple While celebrities may dominate the ..." managementtoday.co.uk. Retrieved 9 August 2018.
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