MUMBAI: Reed Midem which organises the television event Mipcom in Cannes France has named Time Warner chairman and CEO Richard D. Parsons as the Mipcom 2006 Personality of the Year.

Parsons will receive the accolade on 11 October. Mipcom takes place from 9 to 13 October 2006 at the Palais des Festivals in Cannes.

Reed Midem CEO Paul Zilk says, “We are extremely pleased to honour Richard Parsons as our Mipcom Personality of the Year. Under his leadership, Time Warner informs, entertains and connects people all over the globe through its leading brands and programming.

“In an ever-evolving world defined by constant technological and demographic change, Time Warner - with its long tradition of innovation and creativity - continues to shape not only our industry, but the culture we live in.”

Parsons says, “I am very honoured to be this year’s Personality of the Year and to join the notable ranks of past honourees. I am particularly pleased to be recognised at Mipcom, the veritable hub of the worldwide television market, which gathers industry leaders together from across the globe.

"This award is a testament to the more than 85,000 Time Warner employees who are the creative source for all that we do. I dedicate it to them and to the hundreds of millions of people around the world who continue to inspire us to provide the best in entertainment and information in these rapidly changing times.”