Michael Philip Green (born 2 December 1947) is a British businessman. [1 ]
Haberdashers' Aske's School in Elstree, Hertfordshire on a scholarship and left, aged 17, with four O-Levels. [2 ]
After a period working in
public relations, he went into business with his brother, founding the printing and direct mail firm Tangent Industries, making him a millionaire by the time he was 21. [1 ]
Carlton Communications with his elder brother, David, and they floated the company on the London stock market in 1983. Five years later, Carlton bought the US firm Technicolor. Following the [2 ] Broadcasting Act 1990 which had changed the criteria for ITV franchise assignment from quality to commercial, [1 ] Carlton Television, in 1992, successfully bid £43m to secure the London weekday ITV franchise previously held by Thames Television It has been suggested [2 ] that Green had strongly influenced the [1 ] Thatcher government in their 1990 decision to change the criteria through his relationship by marriage with government Secretary of State for Trade and Industry Lord Young. [2 ]
The Times wrote that Green gained "praise for his buccaneering style, charisma and ability to get a deal done". [2 ]
Carlton expanded, acquiring other, smaller ITV franchisees until in 2003 it merged with
Granada TV to form ITV plc. As a result of the merger, Green left the company, as he was blamed by some shareholders for the £1 billion failure of ITV Digital. [3 ]
He remains with Tangent Industries.
References [ edit ]
^ a b c d "Life and times of Michael Green". BBC News. 20 October 2003 . Retrieved 2007-05-29.
^ a b c d e "The Times, London, 19th October 2003". 19 October 2003 . Retrieved 2007-10-18.
^ Randall, Jeff (21 October 2003). "Why Michael Green had to go". BBC News . Retrieved 2007-05-29.
Bibliography [ edit ]
Greenfinger: the rise of Michael Green and Carlton Communications by Raymond Snoddy
See also [ edit ]