Friday, April 08, 2005

MEAN FIDDLER SWALLOWED

The independence of Mean Fiddler is at an end: they've accepted a takeover from Clear Channel. Clear Channel and Irish company Gaiety's Hamsard joint-venture cash channel Hamsard has valued Mean Fiddler at a bit under forty million; it now means the NeoCon broadcasting-advertiser has got a 39% share of Glastonbury and all of Reading/Leeds Festivals.

The takeover still depends on MF shareholders giving their assent.


2 comments:

Eric2 said...

RESISTANCE IS FUTILE. YOU WILL BE ASSIMULATED.

Simon Hayes Budgen said...

Hey, I'm always open to being bought lunch by reps from a crushing media conglomerate...

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