Promoter lifts stake in Mean Fiddler
Tuesday 20 January 2004
Denis Desmond, Ireland's leading music promoter, has upped his stake in Mean Fiddler, the group behind the Glastonbury festival, in a move to create a new force in pop music events.
Mr Desmond plans to forge closer links between his MCD Productions and Mean Fiddler, which was founded in 1982 by Vince Power. He took an initial 16.2 per cent of Mean Fiddler in December and his latest acquisition of 5 million shares takes his stake to 24.3 per cent. The two companies are keen to expand Mean Fiddler's Jazz Café concept, a successful venue in Camden, North London, with a site due to open in Paris this September.
Mean Fiddler said yesterday that Mr Desmond's increased interest in the company would result in even closer co-operation. The two would now have greater bargaining power with artists and suppliers and would be able to increase the cross promotion of each other's events.
Mr Desmond's career as an impresario makes him a familiar face among Ireland's party set. He recently attended the wedding of Westlife's Shane Filan to Gillian Walsh along with the likes of Ronan Keating and Shay Given, the Ireland and Newcastle goalkeeper.
- 1 President of Argentina adopts Jewish godson to 'stop him turning into a werewolf'
- 2 The 'Black Museum': After 150 years, public set to see exhibits from police’s grisly crime museum
- 4 Sir Winston Churchill’s family begged him not to convert to Islam, letter reveals
- 5 UK weather: 'Coldest night of the year' tonight as freezing temperatures plummet to -10C
President of Argentina adopts Jewish godson to 'stop him turning into a werewolf'
Exclusive: Abusers using spyware apps to monitor partners reaches 'epidemic proportions'
Stoke-on-Trent becomes first British city to be classified as 'disaster resilient' by the United Nations
Sir Winston Churchill’s family begged him not to convert to Islam, letter reveals
AirAsia flight QZ8501 missing: Search for plane carrying 162 passengers from Indonesia to Singapore suspended overnight
Millions of Britons struggling to feed themselves and facing malnourishment
British actor Idris Elba cannot star as James Bond because he is black, says shock jock Rush Limbaugh
Germany anti-Islam protests: 17,000 march on Dresden against 'Islamification of the West'
Ukip member gets into Christmas spirit with Union Flag plea to Santa 'for our country back'
Nigel Farage: Ukip leader named 'Briton of the year' by The Times
Immigrants make UK racist, says Ukip councillor Trevor Shonk
iJobs Money & Business
Not specified: Selby Jennings: VP/SVP Credit Quant Top tier investment bank i...
Not specified: Selby Jennings: Quantitative Research | Global Equity | New Yor...
Not specified: Selby Jennings: SVP Model Validation This top tiered investment...
Highly Competitive: Selby Jennings: Our client, a leading European Oil trading...