In Reply to: RE: April 1st Update. . . posted by greenthumb1 on April 2, 2015 at 11:29:07:
If you are a follower of VPI's forum, fare enough. And if so, I apologise for barking at you, but this is one of my hot buttons from personal experience. Having been on the wrong side of a FUD campaign from a perfidious rival in a past business, my take on those who use the anonymity of a forum to undermine a rival is pretty harsh.
As to the financial issues, maybe this is the difference between UK and US finance. It has been all but impossible for manufacturers in this sector to extend their credit in the UK, irrespective of the health of the company or how long they have been in business. It's possibly why so many of our companies are now in with private equity companies. And they generally won't look at a brand the size of VPI.
I also know people in the magazine business, working in controlled-circulation B2B companies with good track records in growth markets, and they can't get a red cent out of their banks because 'media is dying'. Nor can they invest in migrating to web without venture capital.
So maybe things are different now, or maybe they are different here.
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Editor, Hi-Fi Plus magazine, Lun-duhnn, Ingerland, innit
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Follow Ups
- RE: April 1st Update. . . - Alan Sircom 13:00:28 04/02/15 (2)
- RE: April 1st Update. . . - greenthumb1 13:19:26 04/02/15 (1)
- RE: April 1st Update. . . - Alan Sircom 14:32:37 04/02/15 (0)