The Glasgow-based animation and VFX studio has stopped all production and been put into administration after becoming insolvent; restructuring firm Interpath Advisory will locate companies to continue any current projects in development.
The studio behind ‘The Clangers’ and the first season of ‘The Tiny Chef Show’ has already laid off eight staff members, with puppets and studio equipment headed to auction after ‘challenging market conditions’ shuttered the company.
Restructuring is underway at animation studio Bron Digital, live-action production company Bron Studios, and feature film studio Bron Creative, as the parent holding company cites that the pandemic and ongoing strikes gave it ‘no choice.’
The French multi-national media company, owner of leading creative studios MPC, The Mill, Mr. X and Mikros, issues statement concerning AWN’s June 23 news report.
French owner of key creative studios and VFX brands including MPC, The Mill, Mr. X and Mikros, reaches a restructuring agreement in Paris with creditors; Texas court filing will protect US assets.
