Daily Archives: November 29, 2012

John Gapper

Ofcom could oversee press. Getty Images

Ofcom?

Lord Justice Leveson’s report on the ethics and culture of the UK press is generally sober and carefully considered, but it confuses matters by proposing giving a big role in press oversight to Ofcom, the UK telecoms and broadcast regulator.

“I am firmly of the view that the goal here is voluntary independent self-regulation,” writes the judge. His core proposal is for a new press oversight body established by the industry, with powers of arbitration in disputes.

In many ways, this fits with my column setting out a way in which a new arrangement with statutory underpinning could enhance the freedom of the press, while cracking down on Fleet Street’s abuses.

But he allocates an important oversight role to Ofcom; an independent regulator whose chairman is appointed by the government and that is ultimately accountable to parliament. That strikes me as badly misguided. Read more >>

Andrew Hill

Entrepreneurs should take a look at the video of Groupon founder Andrew Mason being interviewed at Wednesday’s Business Insider conference. It could be the last time you see him as the internet company’s chief executive. The board is due to meet later on Thursday to discuss his future, in the wake of the sharp fall in the stock since its IPO. A series of brutal leaks suggests his job is on the line.

Mr Mason evinces an odd and contradictory mixture of arrogance and humility. For example, he told Business Insider CEO Henry Blodget: Read more >>