History is a distillation of rumour, as Thomas Carlyle observed.

So history may eventually record that Aegis Group ceo Doug Flynn quit the London-headquartered international media-buying and research network to take a mirror role at Australia's second largest media owner, John Fairfax Holdings.

Henry Ford, on the other hand, famously dismissed history as bunk - so it could equally well transpire that Flynn remains anchored to the Aegis hotseat.

Nonetheless, there are persistent rumours that Flynn - an Australian citizen and former senior executive at NewsCorp's Anglo-Australian unit News International - has been approached by Fairfax.

Those who know the combative Aussie say he would bring a more aggressive and competitive edge to the newspaper group, currently in the throes of negotiating a major stake in Australian TV broadcaster Ten Network Holdings [WAMN: 17-Jan-05].

The ultimate compliment to Flynn was paid by his former boss Les Hinton, executive chairman of News International. Says the latter: "If I was asked to recommend somebody to do that job, [Flynn] is the last person I would recommend because I would not want him competing with us."

Data sourced from mad.co.uk; additional content by WARC staff