gameboy
Ding Dang Doo
- Joined
- Jan 31, 2004
- Messages
- 4,305
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- 67
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- www.gamezplay.org
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- My Location
- Scotland
Music Choice Europe, the digital music company backed by Rupert Murdoch's BSkyB that was once worth more than £200m on the stock market, has been sold for just £2.7m.
Floated at the height of the internet boom in 2000, the company has failed to pull in the advertising envisaged at the time. Sky is the biggest shareholder in MCE, with a 36 per cent holding after the listing, while the original investors in the business, Time Warner and Sony, now have 16 per cent and 8 per cent respectively.
Sorry but :-laugh - and I own shares in S*y
Floated at the height of the internet boom in 2000, the company has failed to pull in the advertising envisaged at the time. Sky is the biggest shareholder in MCE, with a 36 per cent holding after the listing, while the original investors in the business, Time Warner and Sony, now have 16 per cent and 8 per cent respectively.
Sorry but :-laugh - and I own shares in S*y