Telstar Goes Bust

The Sun reports that Telstar has gone bust – after spending over £1million trying to revive former Spice Girl Victoria Beckham’s singing career. Chairman Neil Palmer blamed illegal internet downloading and lack of radio support for British artists. The label had debts of £7.5million pounds, prompting the collapse. Read more.


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| Posted on July 26, 2004 at 12:45 am in Uncategorized

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