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GONE BUST
PR company R-JH, founded by Sophie Wessex, has
collapsed with debts of more than £1.5million.
The Countess stepped down as chairman in 2001
after she was duped by a reporter posing as a
rich Arab.
She made a series of blunders in which she
insulted several politicians and royals. The
embarrassment cost the company up to £100,000.
The latest set of accounts, for the financial
year ending March 2005, show R-JH making a loss
of £34,500. The previous year's loss was only
£9,000. (Source: Daily Mirror, Jun/06) |
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HRH PRINCE EDWARD
Edward never really made a name for
himself or stood out within the royal family. Having
hidden from public gaze and being reticent to bring the
people onto his side, neither expressing any view nor
support of them and showing no concern at their lives, he
should hardly be surprised that they have taken such
little interest in his own. His Really Useful Company has
not made a name for itself in theatrical circles because
it hasn't done anything of any note, his Ardent
television production company hasn't managed to produce a
profit yet and the public see him as nothing more than
another individual who isn't doing very well for himself;
another failure, like everyone else.
Any successes he may have achieved stateside, such as his
tours discussing the rebuilding of Windsor Castle, have
been tainted by the fact that such successes have only
been achieved with insider and privileged knowledge and
the fawning and toadying of those who attend such events
simply to claim for themselves the credit that they've
seen a British royal. So when he starts whinging that the
British people don't recognise his success it's hardly
surprising that they get upset; he's neither a successful
royal nor a successful business man, indeed, he's not
been a success in any way. It's not surprising that his
comments went down like a lead balloon. He's damaged his
own, minimal, reputation more than he can possible
imagine.
Attempting to offset the damage done, by suggesting his
comments were responses to derogatory media coverage in
the UK and not the people of Britain, hasn't helped
because everyone knows that the press were uttering
exactly what the people who read the newspapers think;
he's crap and has done nothing worthy of accord. Old
Eddie boy has, right royally, put his foot in it. When
Prince Edward set up Ardent Productions eight years ago
he predicted it would be a success and said there would
be no cashing in on Royal connections. But by 1999 Ardent
had lost £1.7 million, and only this year did it succeed
in recording a pre-tax profit of £30,000. Many of the
37-year-old's productions have had a very royal theme -
including the documentaries, Crown and Country charting
British history through monuments, Edward on Edward,
about the life of his uncle Edward VII, and a documentary
on the restoration of Windsor Castle after the 1992 fire.
Sophie Wessexs once-booming public
relations company now has just £100 in the bank and
Prince Edwards controversial television firm owes
shareholders more than half a million. Sophie remains a
non-executive director of R-JH, despite being forced to
step down from her hands-on role in 2001. She and
business partner Murray Harkin had been caught bragging
about their royal connections to an undercover newspaper
reporter. The figures, filed at Companies House, show the
firm made its first-ever LOSS in 2002-3, losing £5,903.
That compared to a profit of £52,847 in the previous 12
months.
It also has an overdraft and bank loans totalling more
than £12,237 and earned so little money it was not
eligible for corporation tax. Ardent Productions, where
Edward is still a director despite stepping down as MD,
cut losses by £12,052. But overall, losses during its 11
years trading total £2,147,366. Shareholders have yet to
receive a dividend due since 1997. And the firm, alleged
to have stalked Prince William in his first week at
university, owes Edward £108,500 rent for its offices at
his home in Bagshot Park, Surrey. R-JHs Chris
Clarke blamed its loss on restructuring
following the exit of Sophie. Ardent director Malcolm
Cockren said, We are restricted because Ardent is
not making any new programming.
Edward Wessex has certainly been
taking a beating in the Press lately and rightly so for
it was his company, Ardent Productions, who was the first
and only media to break the 'gentlemen's agreement'
between the Palace and the young princes, William and
Harry. On Saturday, September 22nd, Prince William,
assisted by his father, Prince Charles, kept up their end
of the bargain by allowing members of the press follow
them around Scotland. Great photographs and sound bites
were taken of the student prince as he shadowed his
father on a day of royal duties, which included a stop at
Sighthill, a Glasgow neighbourhood with a large
population of asylum seekers. A highlight of the tour was
a stop at the senior centre where Prince William
reportedly signed a 61 year old residents address book
and then asked, "Would you like my phone
number?" The following day photographers and
journalists feasted on the photo ops and quoted answers
to the standard questions graciously offered by Prince
William upon his arrival at St Andrews University where
he will be studying Art History. Everyone packed up
Sunday night to leave the Prince to peacefully pursue his
studies, everyone that is except the freelance film crew
of Ardent Productions, Edward Wessex's company.
Apparently, the University asked them to leave and they
claimed they were there making a tourist film about Fife.
Then the stories and allegations began to fly. According
to some stories, the crew claimed to have permission from
St James Palace. Then it was reported that Ardent told
St. James Palace they had received permission from St
Andrews. On Wednesday, September 26th they were ordered
off the University's property. The following day it was
reported that the crew had tried to bribe a group of
students with take out food and according the Sunday
People plying them with wine. They then asked them to
pretend it was the future and imagine what they would be
saying about the way in which Prince William had adapted
to life at St Andrews. One of the students claimed that
the photographers received a call from Edward during the
meal. "Eddie said there would probably be a bit of
fuss in the papers but there was nothing to worry
about," claimed one.
The Mirror ran stories of Charles reaming Edward and
calling him many un-royal like names. The Sun ran an
article titled "The Weasel of Wessex" in which
they outline the series of lies they claim the Earl and
Ardent had been telling. The Times was a bit more civil
with an article titled "Prince Charles tells Edward
to Apologize". The tabloids were having what was
described as a 'feeding frenzy' at the expense of the
Edward who has not always shown them respect. Andrew
Neil, Rector of St Andrews, stated, "We knew when we
were doing that, that somebody would break it as some
stage. But for it to be broken by a company owned by his
own uncle . . . well, you just couldn't make it up."
Indeed!
Under pressure from all sides about its apparent
disregard of the gentlemen's agreement Ardent released a
statement, which read in part, "It unreservedly
apologises if the activity of the production team has put
those agreed arrangements in doubt." Mr Neil's
response? "Both students and staff are worried about
the half-hearted tone and grudging nature of the apology,
and the fact that it did not come from Edward," he
said. "The apology is described as unreserved, but
it's not unreserved at all, it's grudging."
Just when it looks likes things couldn't get any worse,
enter the self proclaimed PR maven, Sophie Wessex.
Sophie's intervention, according to the grapevine, has
caused further humiliation for her husband and his
family. It is reported that she attempted to order Ardent
Producer Paul Watson to apologize during a heated
discussion claiming, "You have to understand bigger
things are at issue here. Edward, after all, is a member
of the Royal Family." She also attempted to
exonerate her husband by claiming Prince Charles'
reaction to the 'harmless' tape was 'over the top'. One
article claimed that HM has advised her 'gaffe prone'
daughter-in-law to keep quiet.
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