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July 17, 2008

Former accountant named top media power...

A former accountant turned venture capitalist has been named as one of the most powerful people in the UK's media industry by a newspaper.Patrick McKenna was ranked ninth by the Guardian newspaper in its annual assessment of the most powerful people in the media sector.It judges candidates on factors such as their economic, political and cultural influence on Britain.

Mr McKenna has previously worked for financial services firm Touche Ross, having been made a senior accountant at the age of 28, the newspaper noted. The publication described him as "the financial svengali to much of the UK media and entertainment industry, the deal-maker with the Midas touch".

Touche Ross merged with Deloitte in 1990, creating Deloitte & Touche. In 1993, the international firm became Deloitte Touche Tohmatsu.It has now seen 14 consecutive years of growth and last year was the fifth in a row when it enjoyed double-digit increases in revenue.

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