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Mean Fiddler; are they making an absolute fortune?

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Creator barnetpeter Created 7 Sep 2003 Posts 193 Last Post 19 years ago
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Mean Fiddler are now concentrating on live music and festivals. The company is only valued at just over £10 million yet look at what they own the rights to - Reading, Leeds and an increasing amount of Glastonbury (the ticket sales for which this year alone exceeded the entire cap of MEF). Tickets for these type of events are often £100 plus and sell out in an hour. Justin Timberlake is back in December for another massive sell-out tour. Wouldn't you like the takings from the merchanise stalls at his concerts?

This company is beginning to reap the benefits of peple wanting quality live music rather than the over hyped "wannabes" cover rubbish. The cash flow must be amazing. So why is it not reporting that profits will go through the roof this year. Sure, artists are expensive but they also need to tour to sell their records and merchandise. Perhaps MEF just do not want to announce too much in case of higher demands from acts. Whatever, it is hard to think of a set of circumstances so much in a company's favour. If they cannot make a lot of money over the next two years with all THIS going on, then they never will.