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UK Animation Firm Which Revamped ‘Clangers’ Goes Into Liquidation After 24 Years
The UK-based company revamped The Clangers and made shows for Disney and others.
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 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. “Unfortunately, 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.
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