He was backed by the billionaire Barclay brothers, who recently bid for media baron Conrad Black's Telegraph Group newspapers.

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Current sports editor of the Belfast Telegraph Group, Jim Gracey, said Dr Brodie had "taught a generation, maybe two or three generations everything we know about journalism".

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Companies using Ooyala technology include Telstra, ESPN, Pac-12 Enterprises, Miramax, Bloomberg, Telegraph Media Group, Telefonica, The North Face, Rolling Stone, Dell, Sephora and Yahoo!

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Sir David Barclay and his brother Sir Frederick also own the Daily Telegraph and the Littlewoods retail group.

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"Unfortunately George Osborne, partly perhaps because of the unmannerly squabbling within the coalition, seems to me to have.... hurt a vulnerable group of the elderly, " he wrote in his Daily Telegraph blog.

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Prior to 2004 Conrad Black was a columnist, as well as chairman and chief executive of Hollinger International (now part of Sun-Times Media Group), a newspaper publishing giant whose holdings include the Chicago Sun-Times and the Daily Telegraph.

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