Live Publishing set for administration
August 24th by Ben Parfitt
Live Publishing, the company behind magazines such as Retro Gamer and PC Utilities, is to cease operations by the end of the week, administrator BWC Business Solutions has confirmed to MCV.
The Macclesfield-based outfit recently pulled the plug on PC Extreme magazine, with production on all its titles now due to cease in the next few days.
“We have not yet been appointed as the administrators for Live Publishing but we will be by the end of the week,” BWC Business Solutions’ Mark Thomas told MCV. “The options open to us at the moment are either liquidation or administration. Either way, Live will stop trading by Friday.”
MCV understands that freelance staff have not been paid for a number of months, and the staff of Retro Gamer are said to have been made redundant on Monday.
The news comes after recent ABC figures revealed an overall decline in gaming and computer magazine readership.