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.
