We’re getting some potential names for the backers of SMD and Encanta now. It looks like SMD is a company set up by Remnant Media so that it can keep the likes of Front and Hotdog separate from its other titles. Meanwhile, Owen Davies, former financial director of Highbury, is being fingered as one of the names behind Encanta. All of this is just rumour at the moment, but I hope to firm things up.