A music and social networking company backed by the family investment vehicle of the late Ryanair founder, Tony Ryan, has become the latest victim of the economic downturn.
Dublin-based Blastbeat organised music and business competitions for second-level students in a number of countries, and had negotiated a major sponsorship deal with Coca-Cola.
However, the directors of Blastbeat now intend to place the company into liquidation following ‘‘a major collapse in the global sponsorship and advertising...
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