Mean Fiddler Music Group (MFMG) managing director Melvin Benn has withdrawn his resignation from the British concert promoter and venues operator.

Mean Fiddler Music Group (MFMG) managing director Melvin Benn has withdrawn his resignation from the British concert promoter and venues operator.

Benn briefly exited the company last week following a restructuring that saw Dean James promoted from COO to CEO and the company's longtime chairman, Vince Power, step aside to a non-executive post. Benn is understood to have disagreed with James' appointment. Just hours later, Power scotched the plans, and James departed. The company has postponed a separate share placing, and says it will appoint a new CEO in due course.

"I am very pleased that Melvin has withdrawn his resignation and that the group and its shareholders can continue to benefit from his wealth of experience in the live music industry," said Power in a statement to the London stock exchange this morning (Oct. 11).

Benn oversees MFMG's summer festival events, including the Reading and Leeds Carling Weekend and the Glastonbury Festival. He was instrumental in securing the future of the latter event when, in early 2003, he led a "marathon" meeting with local council members to obtain a crucial entertainment license. Local residents had sought to ban Glastonbury on the grounds that the estimated 150,000 attendees of the previous year's festival had damaged the site at Worthy Farm, Pilton, and its surrounding areas.

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