Funding from charity single at risk due to HMV situation
UPDATE 13.50: Good news. This just in courtesy of KC Today FM's facebook page: Some Good news for Song For Lily-Mae - HMV receivers are to prioritise single payments and its has re-entered the downlaod charts. Just heard from Steve Macken the man behind it.
The charity single, ‘Tiny Dancer: A Song for Lily-Mae Morrison’, may be adversely affected by the HMV situation. The single, a recording of the Elton John song by an all-star cast of Irish talent including Mary Black, Declan O’Rourke, Lucia Evans, Kíla and Paddy Casey, reached no. 2 in the Irish Single Chart to raise money for Lily-Mae Morrison a four year-old suffering from Neuroblastoma, an aggressive and rare cancer of the nervous system.
But now €27,000 raised for the Claregalway girl through purchases in HMV stores across the country may be in danger. But an insolvency expert talking to single producer Stephen Macken on Tom Dunne’s Newstalk radio show explained that whether or not the debt will be honoured depends on what type of creditor the single is listed as. If they are in the system as a charity, legally HMV Ireland is not in a position to spend the €27,000 to relive other debts as would be the case in a traditional business arrangement. "HMV got all the information and they signed the agreement. If that's the case, it's not their money, and we would become a priority," says Macken.
The single is available to download on iTunes and the project could still use all support available.
Story by: Ferdia MacAonghusa
Story by entertainment.ie | 11:50 | Thursday 17th January 2013 | Music News
No comments have been posted for this article yet. Be the first!
Log in to leave a comment
The opinions expressed here are those of the viewer and do not reflect those of Entertainment.ie. Entertainment.ie accepts no responsibility, legal or otherwise, for their accuracy of content. Please contact us to report abusive content