oh shytttttt... and the house of cards is toppling on the legal side.
Kew Media Distribution On Brink Of Collapse, Winding Up Order Served – Deadline
Kew Media Distribution represents high-profile shows including
HBO’s Michael Jackson documentary Leaving Neverland, made by
Amos Pictures, and
World Productions’ hit BBC drama
Line Of Duty. But after its parent company ran into trouble last year and was ordered to cease trading on the Toronto Stock Exchange, producers including Amos are fighting to claw back the money they are owed from the international sales of their shows.
Kew Media Distribution has failed to file its most recent earnings for 2018, with its accounts more than four months overdue. The distributor was nearly struck off the companies register, but this action was canceled as creditors seek to recover money they are owed. Its last earnings, for the nine months to 31 December 2017, show it posted a pre-tax loss of £17.8M ($23M), while it owed creditors £223.2M ($288.8M), the majority of which was for “group undertakings.”
According to the 2017 earnings, Kew Media Distribution employed 40 people. The company’s website shows this has grown to nearly 50 members of staff, based in both London and Los Angeles. At least one of those employees, executive vice president of sales Jonathan Ford, has left the company after 13 years this week. Kew Media Distribution says it manages the international rights to a library of more than 11,000 hours of TV and digital content
, including signing a three-year deal with ViacomCBS