A UK animation firm announced Friday that, after 24 years of operation, it has gone into liquidation, including the sale of many assets that will be familiar to the fans of its shows.
The BBC reports that Factory Transmedia, based in Altrincham, Greater Manchester, has been put into a creditors’ voluntary arrangement.
Over the past two decades, the firm has produced animation for global companies including Disney, Milkshake, Nick Jr, Cbbc and CBeebies. In 2015, it led a £5million revamp of classic children’s show The Clangers, with Monty Python star Michael Palin as the narrator. Other titles included Scream Street and Strange Hill High.
The BBC reports that liquidators cited “challenging conditions” in TV commissioning as a factor in the firm having to close, and that many of the company’s assets will be sold off via online auction, including props and studio equipment.
The Sun reports that the firm had...
The BBC reports that Factory Transmedia, based in Altrincham, Greater Manchester, has been put into a creditors’ voluntary arrangement.
Over the past two decades, the firm has produced animation for global companies including Disney, Milkshake, Nick Jr, Cbbc and CBeebies. In 2015, it led a £5million revamp of classic children’s show The Clangers, with Monty Python star Michael Palin as the narrator. Other titles included Scream Street and Strange Hill High.
The BBC reports that liquidators cited “challenging conditions” in TV commissioning as a factor in the firm having to close, and that many of the company’s assets will be sold off via online auction, including props and studio equipment.
The Sun reports that the firm had...
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RelatedHalt and Catch Fire Renewed for Final Season at AMC
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