Sunday, 9 December 2012

Peace of Mind BBC B’org-style

Bulb Films for BBC Wales produced a TV program called Peace of Mind about a few people in Wales who have/are suffering from various types of mental illness.  I looked up Bulb Films to see if it had anything to do with the Nescott Mental Awareness course I’m doing because they are similar.  I’m interested in mental illness because it’s a result of B’org food.  I didn’t find any connection to Nescott, but did find that Bulb Films is connected to a business plan for global growth, albeit on a local level, if you can grasp that meaning.
Bulb Films is a newly formed division within the Boomerang Plus Plc, a British TV producer.  It all leads back to the BBC, but I think the journey is interesting because it shows that the focus of TV broadcasting is actually global and a sign of the enfolding globalisation agenda.
In July 2012, Boomerang Plus Plc was taken over by its management for a price agreed by the firm’s independent directors.  These managers made the bid of around £7.1m through Boom Pictures Ltd. The managers include CEO Huw Eurig Davies, finance director Mark Fenwick and executive director Gareth Rees, as well as by British TV producer Lorraine Heggessey, and private equity firm LDC which is part of Lloyds Banking Group Plc.
Lorraine Heggessey was actually the former controller of BBC One and Chief Executive of Talkback Thames and took over as Chair of the newly created company Boom Pictures.   She commented on this deal by saying “I am delighted to be teaming up with Boomerang and LDC to launch Boom Pictures, a new production business in the UK's vibrant independent sector… LDC is an investor with a great track record in understanding the complex demands of building a media company, with the resources to support Boom Pictures as it grows”.
The Olswang team, a big international Technology, Media and Telecoms law firm who advised the management team on the buy-out commented that they look forward to continuing the relationship as the business grows internationally.
LDC, which plans to invest £200m in the expanding domestic TV production sector over the next two years, expects the management buyout deal to drive significant growth at Boomerang/Boom/Bulb.
The BBC is the medium for the Boom pictures media.  It’s governed by twelve trustees.  Although they are all interesting, I would like to comment on two of them only.
Since 2011, the BBC has been led by Chairman Lord Patten, an Oxford graduate who had a 45 year political career including Westminster and the European Commission, Governor of Hong Kong when it was handed over to China; and chairman of the Independent Commission for Policing in Northern Ireland which set up a new police service.  Proof the BBC is foremost political.
Anthony Fry is a trustee who also trained at Oxford and then had a city career with Rothschilds, mega financial advisory group, and split his time between banking and corporate boards.  In 1996, he left Rothschilds “to become head of global media and European telecoms at BZW/CSFB where he developed a deep understanding of the UK and global media industries.”  From media he went to Lehman Brothers, a global financial services firm, and was head of UK operations.  He left there in 2007 (handily just before the company went bust!) to do an advanced management programme at Harvard Business School.  Then he joined the global investment banking boutique, Evercore Partners, in 2008 and was senior adviser until 2011 when he was appointed chairman of Espirito Santo Investment Bank UK, which incorporated Execution Noble (meaning?  Execution of the Noble Plan?  Or the New World Order perhaps?).  Anthony, of course, is very interested in how businesses work since money makes the business world go round and he holds a number of non-executive directorships alongside his position as BBC Trustee. In other words, he is very well connected and involved in making sure we get “the right picture”.
The BBC Worldwide is the last part of this broadcasting pyramid I’ll mention here. It’s actually a side shoot because it’s the commercial arm of the BBC and growing fast.  In contrast to the BBC’s Public Purposes as set out in its Charter: (1) sustaining citizenship and civil society;(2) promoting education and learning;(3) stimulating creativity and cultural excellence;(4) representing the UK, its nations, regions and communities; (5) bringing the UK to the world and the world to the UK; and (6) in promoting its other purposes, helping to deliver to the public the benefit of emerging communications technologies and services and, in addition, taking a leading role in the switchover to digital television; the mission of the BBC Worldwide is simply “to maximise profits on behalf of the BBC by creating, acquiring, developing and exploiting media content and media brands around the world.”  This, it is said, is done in order to keep the UK licence fee as low as possible even though it’s possible to watch it on the Internet for free.
Under the previous BBC Trust chairman, Sir Michael Lyons, there were complaints about this commercial arm being anti-competitive.  It’s obvious to me that it’s all about the B’org’s agenda and competitive fairness has nothing to do with it.  Funny how all the names begin with ‘B’: BBC, Bulb, Boomerang, Boom, Bubble, Bust, Big Brother, B’org, Broadcasting, Bullshit!

Anyway, watch TV and watch out because you are in danger of being assimilated by the B’org.  Would that bring peace of mind?  Perhaps being hypnotised is a type of peace of mind, but not the one I seek.  Maybe even just staring long enough at the above logo from the Bulb Films website might do the trick.