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Friday, August 19, 2005

Secret deals rock Italian and Spanish media

There's a brewing scandal in Italy which hasn't received a huge amount attention in the English language press, but has already dragged in the Italian prime minister and the son in law of the former Spanish prime minister.

Silvio Berlusconi has denied being part of a secret consortium which is attempting to takeover the RCS media group, publishers of the Italian daily Corriere della Sera. The name of Alejandro Agag, son in law to former Spanish prime minister José María Aznar has also been mentioned in connection with the takeover bid. RCS are also the main shareholders of the Spanish paper, El Mundo.

This editorial in El Pais neatly sums up what's been revealed to date. It all started with attempts by Stefano Ricucci, a young and hitherto little known property developer, to buy the RCS group. Simultaneously he was locked in battles with ABN Amro and Spanish bank BBVA for the control of Italian banks Banca Nazionale del Lavoro and Banca Antonveneta. Suspicions arose in Italy as to where exactly Ricucci was getting the cash to finance all of these moves. Public prosecutors in Rome and Milan and the Italian stock market opened an investigation into suspected irregularities on the part of Ricucci, his bankers Banca Popolare Italiana and various other parties. As part of the investigation, telephone taps were authorised on suspected parties, Ricucci included.

Everything came to a head when transcripts from the telephone taps were released to the press. From these the involvement of Antonio Fazio, the governor of the Bank of Italy, was revealed, who it emerged was liasing closely with the managing director of Banca Popolare Italiana during its attempt to takeover the two Italian banks.

From these recordings, Italian police also found contacts between Ricucci and Agag, who was apparently acting as a middleman for an as yet unidentified financial group. Even more sensationally, Ricucci was linked to Aldo Livolsi, a board member of Berlusconi's company Fininvest.

Berlusconi has announced that the reports amount to a "castle of fantasies and lies" and denied rumours of his participation in the attempted takeover of RCS. Up until he made this statement, the only comment he made on the matter was criticising the use of telephone tapping in this case and the announcement of a proposed law restricting judges in their use of telephone taps.

Berlusconi controls three national television stations, amounting to roughly 45% of the national viewing audience along with Mondadori, the largest Italian publishing firm. Family members control the newspapers Il Giornale and Il Foglio. At present in Italy, only Corriere della Sera and fellow daily newspapers La Repubblica and La Stampa are the only major private media outlets not controlled by Berlusconi's group. Berlusconi has also attracted criticism over allegations that his government has been attempting to influence operations at the state owned television station RAI.

Italy is due to have a general election in May 2006 and, should this one run, it may put another dent in the chances of Berlucsconi being elected. Then again, it certainly isn't the first time he's been accused of nefarious dealings and, god knows, it probably won't be the last.
Categories: , , ,
posted by Dick O'Brien at 4:23 PM | link |


Ireland in brief

Former Northern Secretary Mo Mowlam dies
5% growth predicted by State despite poor data
File sent to DPP after late night release of Colombia 3 man
McDowell orders Garda chief to explain surrender stunt by Colombia 3
Man due to be charged over fatal stabbing in Naas
Busy rural hospitals are "understaffed"
Republican calls to free IRA suspect held in Spain
Millionaire Dolores entered draw by accident
Spend, spend, spend . . . cards overtake cash in retail splurge
Shocked parents demand ban on school stationery with Playboy logo!
Categories:
posted by Dick O'Brien at 7:18 AM | link |


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Thursday, August 18, 2005

DIY newsroom for Ireland?

Damien Mulley has a big idea and is looking for opinions. He's just registered Newsroom.ie with the intention of maybe creating a collaborative Irish news source:
In order to do this, my current solution, which may radically change once I get feedback is a system of local contributors. Split newsroom.ie into areas and split those areas into smaller areas and so on. So we have frontpage stories which are fed by contributions from the provences, the provences are fed from county sections, counties from localities etc. etc. It reminds me of the Powers of Ten idea in a way.

So we have the local kid talking about who vandalised the playground and taking pics and we have the local concerned citizen talking about some local planning controversy. At the same time in the greater area there may be some big yet local story, for example lots of Cork people pissed off over water charges and all discussing it.
It's a neat idea, but probably easier said than done. To do something like that you'll need a huge base of contributors, something that could only be built over time. You'd probably be starting out with a handful of people and I'm wondering if the model would fit to such a small starting point. Even if you look at the aggregate of what all Irish bloggers are writing about, you'd still have very patchy local news. The other thing I'm wondering is if this is too similar to the likes of Indymedia?

The other alternative Damien mentions is maybe a model which draws content from Irish blogs. While we already have two Irish blog aggregators, perhaps there's a gap in the market for an edited one, a "blogazine" so to speak, which pulls together interesting posts from Irish bloggers and categorises them. For example, you could feature what everyone is saying about the IRA annoucement one week, or what everyone says about the Rossport Five the next. That doesn't have to be the final model, rather a starting point on which you can build, gathering together contributors and photographers who needn't necessarily be bloggers in the first place.

UPDATE:
Bernie chips in with his own thoughts, citing the example of YourHub.com, which was created by the Rocky Mountain News.

MORE:
In the comments below, reader Curt points to a similar project, Pegasus News in Texas. It's yet to launch, but they have a blog here.

Dossing Times also has some commentary.
Categories: , ,
posted by Dick O'Brien at 7:18 PM | link |


Ireland in brief

Haughey daughter refused go-ahead for Kinsealy house
High rates of failure in Leaving Cert maths and science
Tougher at the top on results day
EPA probes second chemical plant spill
Block urged on awarding contracts to Gama
Threat of DART disruption lifted
Shell gets licence for Donegal
Garda group demands pepper spray and anti-stab vests
Mother and baby injured in fatal motorbike accident
100pc mortgages to push prices through roof, warns minister
New Ritz hotel will cost up to three grand a night
Portmarnock Golf Club denies Ryder Cup rip-off
Categories:
posted by Dick O'Brien at 7:20 AM | link |


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