Two huge media companies are looking for new top dogs this week. MySpace chief executive and co-founder, Chris DeWolfe is on his way, along with ITV’s Executive Chairman, Michael Grade.

What’s remarkable is that the same candidate could be ideal for both positions, yet the view from both chairs couldn’t be more polarised.

MySpace is one of the great brands of the new millennium and the next CEO has a massive opportunity if he/she thinks big enough (could you put Facebook on the ropes?). ITV is a beacon of the past with largely outdated revenue models and the reality that its scale is shrinking.

Both are ‘big ask’ tenures as they’ll surely oversee the most challenging make-or-break, eat-or-be-eaten stuff either firm has encountered. Very exciting times.