Press Gazette has the news first, this time: Hotdog and Front have been sold off to new company SMD Publishing. Notable nugget of information:
It was confirmed today, the company’s remaining craft titles have been sold to another new company, Brush Colour.
Accountancy firm Ernst & Young, which has been overseeing the company’s breakup since it went into receivership, said it could reveal no further details about SMD and Brush Colour, although it is believed they could consist of staff or previous management from the titles.
All the deals put together very quickly, huh? The fact that the confirmation is for Brush Colour, rather than Encanta Media, speaks volumes about the new owners not wanting to be named. And I wonder what happened to Remnant, last heard of doing their due diligence over the weekend.
UPDATE: The Media Guardian reports that DVD World went to SMD as well.
Well, I’m now apparently an Encanta Media employee, and as such I can at least tell you that the new big cheeses here aren’t former staff / management. That’s about as much as I do know, though. The whole Brush Colour / Encanta thing is a little confusing, and there hasn’t really been any significant information forthcoming so far. Here’s hoping the communication efficiency improves soon, because I was really rather hoping that being kept completely in the dark about things was a treat reserved for Highbury employees only.