Welsh Music Foundation suspends operations
The Welsh Music Foundation (WMF) has suspended its operations as of Tuesday July 1, following the expiration of a three-year funding agreement with the Welsh Government.
A six-month extension was offered by the Welsh Government to allow the WMF to continue providing its core services and to secure alternative funding. However, the extension was considered to be “an unviable proposal” by the WMF Board and was consequently rejected.
The company was receiving its annual revenue in the form of a £160,000 ...
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