Factory Transmedia, producers behind The Clangers, Scream Street and Strange Hill High, has closed and gone into liquidation, with a sale of its assets.
Factory Transmedia launched in 2000 and has employed hundreds of creative, talented people. It specialised in animation-led projects.
Conrad Pearson and Patrick Lannagan of Mazars, the international audit, tax and advisory firm, were appointed as joint liquidators of Factory Transmedia on 2 April 2024.
The closure has been partly attributed adverse industry conditions. In a statement, issued by the liquidators, they said: “Over the last 12 months the number of projects being green-lit by broadcasters around the world has been severely cut as the global economy and audience behaviours have changed markedly; these challenging market conditions were a significant factor in the insolvency of the business.”
The joint liquidators instructed JPS Chartered Surveyors to assist with the sale of the Company’s assets via an online auction, including puppets of various well-known public and popular culture figures used for Newzoids which ran in 2015 and 2016.
Pippa Considine
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