Several examples of either amateur journalism, lack of understanding or plain stupidity this morning with the ‘YCD Acquires C-nario‘ story.
@AVMag tweeted a few minutes ago “STOP PRESS: YCD Multimedia has bought C-nario for $6 million #avtweeps #dsignage” and managed in one tweet to get almost everything in that sentence wrong!
USD6 Million was (allegedly) raised during the process but YCD acquired C-nario in a stock transaction (says quite plainly in the press release).
A couple of other so-called news services broke the embargo on the press release (set for 09:00 BST today) so hopefully they will be struck off the YCD Christmas card list (oh wait!).