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Post by nyquest on Jul 28, 2018 16:31:27 GMT
I run a post production company in the North West. We mainly work in the music business for major record labels but from time to time we work in the broadcast TV industry supplying post production for various content providers and providing compliance for TX broadcast. We are also an accredited BBC transfer house.
BBC "The One Show" is one of my clients, we have provided " VT packages" for many different items featured on the show. A few of my clients are commissioning editors as are a few friends of mine. Nightmare Neighbours, Cash Strapped Families, The Butcher Surgeon etc. You get the picture.
I have heavily invested in Lendy and as it stands have almost £50k in non performing loans. I know for a fact my friend at channel 4 would be all over this. It would probably undo most of the PR Lendy have built up could cost us/them an awful lot. Cowes week is coming up and that would be a perfect time for a camera crew to visit. Thoughts please. It would certainly bring in income for my business as I'd be freelancing as a consultant and supplying post prod facilities but would it get help or hinder? Blue light TV all the way...Is it time?
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brianlom1
Member of DD Central
He's not the Messiah, he's a very naughty boy!
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Post by brianlom1 on Jul 28, 2018 17:46:05 GMT
I run a post production company in the North West. We mainly work in the music business for major record labels but from time to time we work in the broadcast TV industry supplying post production for various content providers and providing compliance for TX broadcast. We are also an accredited BBC transfer house. BBC "The One Show" is one of my clients, we have provided " VT packages" for many different items featured on the show. A few of my clients are commissioning editors as are a few friends of mine. Nightmare Neighbours, Cash Strapped Families, The Butcher Surgeon etc. You get the picture. I have heavily invested in Lendy and as it stands have almost £50k in non performing loans. I know for a fact my friend at channel 4 would be all over this. It would probably undo most of the PR Lendy have built up could cost us/them an awful lot. Cowes week is coming up and that would be a perfect time for a camera crew to visit. Thoughts please. It would certainly bring in income for my business as I'd be freelancing as a consultant and supplying post prod facilities but would it get help or hinder? Blue light TV all the way...Is it time? There's certainly a story to be told but it's not just about Lendy, there are many more sharks in these waters. I've personally been fleeced by several platforms (ReBS, Lendy, FC, FS) and I'm invested in Collateral too. I think a programme that gives a balanced view would be a good thing - I'm guessing we probably share investments in the same non-performing Lendy loans, it would be instructive to see behind the scenes into what really went wrong.
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richox
Member of DD Central
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Post by richox on Jul 28, 2018 17:58:40 GMT
Anything that further damages Lendy's reputation is not going to help anyone with investments in Lendy.
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jcb208
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Post by jcb208 on Jul 28, 2018 18:24:20 GMT
Every one likes to bash Lendy but they are not the only P2P with a poor performing loan book and it will not do any people still investing including me any favours
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69m
Member of DD Central
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Post by 69m on Jul 28, 2018 18:27:58 GMT
Slightly disappointed - when I saw the thread title I was hoping to read about a sailing-and-business TV drama in a similar vein to Howards' Way (with every male character named Paul).
On a more serious note, sending a camera crew to Cowes won't achieve much unless people from Lendy are willing to be interviewed. My suggestion would be to make a piece about the P2P sector's shortcomings, using the FCA's proposed regulatory changes as context. Don't focus on just one platform, though.
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TonyL
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Post by TonyL on Jul 28, 2018 21:20:50 GMT
Lendy have made some absolute howlers over the last couple of years. But they're actually fairly transparent...you know they often tell us beforehand that they're about to make a mistake, and go ahead despite our protests. But they actually are learning...slowly. I think a TV programme, which to be honest sounds more spiteful than constructive, would certainly harm their turnaround. I don't think that's welcome at this stage.
If you want a real story then find out what went on at COL, before and immediately following their administration. No-one knows what's going on there...that would be a real eye-opener.
So, no, don't isolate Lendy. They're no worse than many of the other (still operating) P2P platforms.
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xpubman1
Member of DD Central
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Post by xpubman1 on Jul 28, 2018 21:26:51 GMT
You have to be joking, this would be a very vindictive act....
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jaswells
Member of DD Central
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Post by jaswells on Jul 28, 2018 22:34:14 GMT
Definitely No. With those of us with money in Lendy, the only course of action is to get behind them and hope, slowly, they start to do things a bit better (which they are). Gentle prods and irritations is the best strategy, not a whack with a sledge hammer.
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Post by picanto on Jul 28, 2018 23:01:24 GMT
Are you seriously asking us investors, many of whom have thousands of pounds invested in Lendy's platform whether we would support you publically damaging Lendy's reputation on national TV? You might as well just ask us whether or not we want Lendy to crash and our money to be lost...
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Post by Proptechfish on Jul 28, 2018 23:36:48 GMT
I run a post production company in the North West. We mainly work in the music business for major record labels but from time to time we work in the broadcast TV industry supplying post production for various content providers and providing compliance for TX broadcast. We are also an accredited BBC transfer house. BBC "The One Show" is one of my clients, we have provided " VT packages" for many different items featured on the show. A few of my clients are commissioning editors as are a few friends of mine. Nightmare Neighbours, Cash Strapped Families, The Butcher Surgeon etc. You get the picture. I have heavily invested in Lendy and as it stands have almost £50k in non performing loans. I know for a fact my friend at channel 4 would be all over this. It would probably undo most of the PR Lendy have built up could cost us/them an awful lot. Cowes week is coming up and that would be a perfect time for a camera crew to visit. Thoughts please. It would certainly bring in income for my business as I'd be freelancing as a consultant and supplying post prod facilities but would it get help or hinder? Blue light TV all the way...Is it time? This idea is so many levels of stupid. Damaging an operating company is only going lead to two outcomes. Either litigation from LY for deformation or litigation from investors for loss of their investment (if it proves fatal to LY). While you walk away unscathed after being paid for any damage that may have been caused. I agree with an earlier comment, if you want a story look at COL, a ship that has already sunk in unexplained circumstances. Don't go after a ship with a torpedo, that is listing after taking small arms damage, but still more than capable of staying a float, with a little support.
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Post by GSV3MIaC on Jul 29, 2018 6:55:37 GMT
/mod hat off ..
There has to be enough material for at least a mini-series, if not a full Coronation Street saga, if you rake in all the platforms, add the dodgy borrowers, and even a few shifty lenders. You would need good lawyers though ... and a passport to India/BVI/Wales to track some of the guarantors.
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Post by loftankerman on Jul 29, 2018 9:14:40 GMT
All at Lendy towers must be breathing a collective sigh of relief, but they need to remember that as long as their behaviour warrants being called to account, the opinions of lenders wont stop the media going for them. This is a wake up call, not a free pass.
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Post by Deleted on Jul 29, 2018 9:15:06 GMT
even the Mafia seem to have had egg on their faces during the story set in a Northern mill town, scenes of sheep and spanish truck drivers.....
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blender
Member of DD Central
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Post by blender on Jul 29, 2018 10:16:40 GMT
I thought the One in 'The One Show' referred to the number of brain cells required to enjoy it. P2P is far too complicated a concept to put over. " Don't these pay day lenders behave very badly! " " Lendy is not the lender, it facilitates loans from some people to businesses." " Doh! Fat cats? How do I know who's good and who's evil, and do I care? Next item, please. And make sure there's a cute animal, like that camel-lion falling off his twig and changing colour. Now that's entertainment."
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agent69
Member of DD Central
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Post by agent69 on Jul 29, 2018 11:01:30 GMT
I thought the One in 'The One Show' referred to the number of brain cells required to enjoy it.
No, it's the IQ of the presenters
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