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I take it you don’t approve.
Judging by the endless articles in various watch blogs, plus online and paper mags, Baselworld is a deeply toxic brand now. Its problems run deep, with an expensive, inadequate and old-fashioned show, and opportunistically-inflated prices for travel, food, hotels, taxis &c in rip-off Basel. Most of the big names had bailed-out before COVID banged some pretty big nails into the rickety coffin, and now, smelling death in the air, Murdoch swoops-in to dip his beak in the fly-blown carcase by acquiring a controlling stake in the show's owners, MCH.
MCH organise a variety of trade shows, and Baselworld has already been rebranded with the cheesy label "HourUniverse" in a likely-vain attempt to shake-off negative connotations, but with further outbreaks of COVID highly likely, the immediate future's got to look pretty bleak for all of the Group's roster... You have to wonder if this moribund maggot-feast might yet turn round and bite the vulture capitalist biters...?
I take it you don’t approve.
Are you a journalist, because I certainly enjoyed reading the pure venom drip from your post.
Not going to get my hopes up too much, but anticipating a little schadenfreude, perhaps - though it's true to say this will be in the hands of relatively minor lackeys and the old b*gger can certainly take the hit if it does backfire without so much as a ripple affecting his overall wealth.Originally Posted by MartynJC (UK)
I'm an awful person, I admit, but not quite that awful...
He must believe that the the old horse has some legs left to run a few more races given the £65m he has invested.
Seems a very odd investment to me given the previous state of Basel world and the uncertain future but hey, he makes money, and lots of it while myself, I make none.
Good luck to him..
Cheers,
Ben
..... for I have become the Jedi of flippers
" an extravagance is anything you buy that is of no earthly use to your wife "
I assume it was another stable mate, Art Basel (and its Miami Beach and HK spinoffs), that they were after.
Probably.
You may be right - I mean you certainly are about his gift for money-making - but I suspect this is an asset-stripping operation in some sense, albeit MCH's stock-in-trade is primarily in intangibles.
Probably just trying to get on the list for a Daytona.
'Moribund maggot-feast'.
I may borrow that.
I’m never going now. I’m not knowingly giving Murdoch one shiny penny.
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Which assets do you think they will 'strip'?
Started out with nothing. Still have most of it left.
Now that watches have become status symbols you get all kinds of snakes crawling from under the rocks to follow the piper.
THIN is the new BLACK
I'm an awful person, I admit, but not quite that awful...Posted by Dick Emery
Well...
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Well it's Murdoch, so blood, transplantable organs, firstborn-into-slavery, immortal souls - that sort of a thing...
Oh I see, it was just added to your rant for effect because you dislike Murdoch rather than factual.
Last edited by oldoakknives; 7th August 2020 at 08:27.
What makes you think the transference of immortal souls isn't factual? Tsk. This place is becoming cynical.
Yes. It’s hardly the place for thinly disguised political rants.
Started out with nothing. Still have most of it left.
This is fine in WT.
It relates to horology and economics.
And I wouldn't class it as a rant. That's too imprecise. It's laser-guided invective. Much more classy.
Could it be a move to get something of a lock, bigger presence in the art market, the expectation being of even further significant cash flows into Art, due to the volatile and uncertain outlook for stocks, and the global economy. Maybe it's an angle, though the whole exhibition sector faces significant headwinds.
Quite right old boy, frightfully sorry!
Don’t worry I’m sure you don’t make a habit of it. ;-)
Started out with nothing. Still have most of it left.
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