OK, this isn't about media libraries although I did come across the story as I flicked my way through the London Evening Standard on the way to the Media page. Takeover speculation is looming over outdoor shops group Blacks Leisure today after it issued a second profit warning in a month. Apparently the lack of a Glastonbury festival this year has hit sales badly at its Millets chain.
Now I don't doubt that some festival goers buy their camping stuff at Millets but it sounds a bit lame to be blaming the non-appearance of a three-day event in a field for falling profits. It may be a fallow year at Worthy Farm, but there have been more festivals this year than ever before. It's like blaming a drop in the number of dinner jackets being hired on, say, the non-appearance of the Information Christmas party.