Newsfield Publications....what's happened?.
zz...@usa.net
Went bankrupt or simply left the market?.
David
zz...@usa.net wrote in message <9122751...@tango.comm2000.it>...
>Do you know something?.
>Went bankrupt or simply left the market?.
ZZKJ? Not THE ZZKJ?
They went under after being partially taken over by Europress....
I understand some of the old mob has started up in a new publishing company
tho.
Jim Grimwood
>Do you know something?.
>Went bankrupt or simply left the market?.
Newfsfield went into voluntary liquidation on 17th September 1991. As I
was an "unsecured creditor" at the time (I had an outstanding subscription
on GamesMaster International and was owed the grand sum of #10.50) I've
got a copy of the liquidator's report and closing accounts, which make
very interesting reading - a sad tale of bright hopes and initial success
with Crash and Zzap followed by a string of projects which never lived up
to the publisher's hopes (eg. LM, Movie, Prepress, CCEG, GMI, Frighteners)
leading to increasingly intractable financial problems and eventual
collapse, owing over #400,000 after deduction of assets.
Having myself once worked for a small company which went bankrupt, I see
the same desperate optimism with Newsfield; they were planning new
magazine launches (Sega & Nintendo Force) and taking on new staff even up
to a short time before the company was declared insolvent. (By the way,
unsecured creditors were eventually paid 8.87p in the pound, so some time
in 1995 I was sent a cheque by The Liquidator for 93p(!))
--
Another Fine Product from:
Jim Grimwood (ji...@globalnet.co.uk), Hatfield, England
--
zz...@usa.net
Thanks.
Really interesting. Also "The games machine" was a great magazine. Dunno why
it didn't sell too much.
Ian Collier
>Newfsfield went into voluntary liquidation on 17th September 1991.
> (By the way,
>unsecured creditors were eventually paid 8.87p in the pound, so some time
>in 1995 I was sent a cheque by The Liquidator for 93p(!))
And I got a cheque for £8.87. Hmph.
--
---- Ian Collier : i...@comlab.ox.ac.uk : WWW page (including Spectrum section):
------ http://www.comlab.ox.ac.uk/oucl/users/ian.collier/imc.html
Robin Candy
speak..
Newsfield ceased trading in September 1991. What was left was bought by
Europress. A couple of years later this company went down too. Some of the
Newsfield people still live and work in Ludlow.
TGM never did sell bucket loads it had a circulation of between 30000 and
45000. These days that would be considered a success.
Robin Candy
zz...@usa.net wrote in message <91243252...@tango.comm2000.it>...
zz...@usa.net
I remember Borobodur for the amiga in late 1992. Is its last title?.
Paul Wooding
were a couple of dodgy gezzers but no more dodgy than Santosh the accountant
that wrecked the business and got arrested for his troubles.
Shame really, we relaunched the mags as Sega Force Mega and Sega Master
force and for a while they did really well but then they folded all pubs to
concentrate on Mega Machines which they decided to produce Landscape rather
than the standard Portrait size..of course the advertisers hated it (had to
do new artwork but nobody thought of that) and it all went pear shaped.
Matt Yeo, Ian Chubb, Ade Pitt, Warren Lapworth, Rob Millichamp and the rest
of the crew were some of the best people you could wish to meet...just a
shame they weren't treated with any respect.
PS Newsfield lives on sort of, PRIMA Publishing (an American company) bought
Impact Magazines (what Newsfield became) out and ste up, in Ludlow still,
and they are still there as far as I know...
Sniff sniff nostalga eh?
All the best
Paz...@hotmail.com
Jim Grimwood wrote in message <36613b06...@read.news.global.net.uk>...
>On Sat, 28 Nov 1998 17:46:06 GMT, zz...@usa.net wrote:
>
>>Do you know something?.
>>Went bankrupt or simply left the market?.
>
>Newfsfield went into voluntary liquidation on 17th September 1991. As I
>was an "unsecured creditor" at the time (I had an outstanding subscription
>on GamesMaster International and was owed the grand sum of #10.50) I've
>got a copy of the liquidator's report and closing accounts, which make
>very interesting reading - a sad tale of bright hopes and initial success
>with Crash and Zzap followed by a string of projects which never lived up
>to the publisher's hopes (eg. LM, Movie, Prepress, CCEG, GMI, Frighteners)
>leading to increasingly intractable financial problems and eventual
>collapse, owing over #400,000 after deduction of assets.
>
>Having myself once worked for a small company which went bankrupt, I see
>the same desperate optimism with Newsfield; they were planning new
>magazine launches (Sega & Nintendo Force) and taking on new staff even up
>to a short time before the company was declared insolvent. (By the way,
>unsecured creditors were eventually paid 8.87p in the pound, so some time
>in 1995 I was sent a cheque by The Liquidator for 93p(!))
>
>
Matthew Wilson
>
> Newsfield ceased trading in September 1991. What was left was bought by
> Europress.
Does anyone know why Europress bothered? They couldn't have published
more than a handful of issues before CRASH was taken over by SU, surely
not long enough to decide whether their relaunch had worked.
Matthew
Damien Guard
>Went bankrupt or simply left the market?.
If that is the original ZZKJ somebody quick get a verbal okay for Super Hang
On distribution ;-)
[)amien