Just looking at the programme from the other night here and there is a clip of Dobbo tearing into O’Brien on the news. Can you imagine if it was Catriona Perry that was there? Blushing and giggling like a schoolgirl after O’Brien complemented her latest sleeveless pink number.
Digicel is fucked mate. They have gone through a huge period of downsizing in the Caribbean and made a raft of redundancies. The revenue is not there for them and a couple of major capital projects have fallen apart. Dinny fires area CEO’s personally, usually after a 2 year term with impossible targets.
Hard to believe investors don’t want to swap bonds in a company struggling to repay for longer dated bonds in the same company at the same interest rate
The bould Denis has relinquished control of INM at last. Some Belgian/Dutch media company look to have bought it, for what I would consider a song, considering the amount of cash flow it spits off every year (even though that figure continues to decline).
Fantastic news for Irish media in general though to be out from under his influence.
O’Brien himself has taken some bath on the investment