Ex-BBC chief Mark Thompson apologises for failed $170m IT project
LONDON (REUTERS) - United States (US) media executive Mark Thompson apologised on Monday to the British public and parliamentarians for the failure of a 100 million pound (S$208 million) digital project during his years of running the BBC.
Thompson, who left the publicly funded broadcaster in 2012 to become chief executive at the New York Times Company, said the Digital Media Initiative (DMI) had failed and that meant "the loss of a lot of public money".
The project, that was meant to allow BBC staff to create, share and store content in a new digital system, was suspended in 2012 and axed last May with a loss of 98.4 million pounds.
The botched DMI project is one of a series of controversies at the BBC that has prompted parliamentarians to grill former and current bosses.