Cosy crimes and gritty sagas by Corrie Blog editor Glenda, published by Headline. Click pic below!

Thursday, 27 June 2013

Corrie musical 'Street of Dreams' producer goes into liquidation

Paul O'Grady with the Street of Dreams cast. Photo: ITV 
Those owed money by the failed Coronation Street musical Street of Dreams say they have given up hope of receiving thousands of pounds owed to them, after administrators were unable to prevent production company Reckless Entertainment from going into liquidation.

The Stage have the full story which basically says that Reckless Entertainment Ltd – listed as one of two production companies behind the Street of Dreams musical – has now gone into liquidation, with many involved in the production left thousands of pounds out of pocket.

The Stage say that a report to creditors – among whom Paul O’Grady’s management  company is listed as being owed £80,000 – reveals there will no “asset recoveries”. A subsequent letter from the Insolvency Service to potential creditors of Reckless Entertainment also shows there is “no prospect of a distribution to creditors”.

It's been its own soap opera, that's for sure, and one with an unhappy ending for everyone involved.

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5 comments:

Janice. said...

Reckless Entertainment? Must be spingtime for Hitler and Germany.

Anonymous said...

Janice, my thoughts, exactly! They should have given the direction job to Mel Brooks.

Anonymous said...

I suppose you can only take a 'concept' so far before it all ends ...out of steam...even for an institution like Coronation Street.

Tvor said...

Noticing Katy Cavanagh's bump in that photo. Anyone heard if she's had her baby yet?

Deborah said...

I saw Katy 6 weeks ago in Manchester and asked her. She had a baby boy.

GRITTY SAGAS BY CORRIE BLOG EDITOR GLENDA YOUNG, PUBLISHED BY HEADLINE. CLICK PIC BELOW!

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GRITTY SAGAS BY CORRIE BLOG EDITOR GLENDA YOUNG, PUBLISHED BY HEADLINE. CLICK PIC BELOW!