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‘Clangers’ & ‘Newzoids’ firm Factory Transmedia enters liquidation
Factory Transmedia, the UK animation firm behind the reboot of The Clangers has gone into voluntary liquidation.
The Manchester-based company, which was founded in 2000, has also produced shows including Scream Street and Strange Hill High for CBBC and Newzoids for ITV. The firm was best-known, however, for its 2015 relaunch of The Clangers on CBeebies in the UK and Sprout in the US. The series, which was based on the classic 1969 title, won a Bafta for best pre-school animation show.
A statement from joint liquidators Mazars said that: “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; these challenging market conditions were a significant factor in the insolvency of the business.”
Mazars has 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.”