Factory Media, the parent company of fifteen websites and magazines, including six cycling titles, is entering liquidation, road.cc has learned.
Factory, which was founded in 2006, owned and operated Road Cycling UK, Total Womens Cycling, Ride UK, Dirt Mountain Bike and Bike Magic, all of which are likely to close following the news.
In a letter to creditors, dated 6 September 2018, Factorys administrators wrote that, due to its financial position the director decided to place it into creditors voluntary liquidation.
Following the shock news today, readers and contributors paid tribute to the magazines in Factory’s stable.
Cartoonist Dave Walker, known for his cartoons featuring observations of cyclists’ rituals, quirks and daily l…
Read the full article at: https://road.cc/content/news/248089-factory-media-enter-liquidation