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Amateur Journalism?

Several examples of either amateur journalism, lack of understanding or plain stupidity this morning with the ‘YCD Acquires C-nario [1]‘ story.

@AVMag [2] 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!).