Arts Illuminated, the publisher of classical music magazine Limelight, is searching for a buyer for its masthead as the company teeters towards liquidation.
I couldnt weather the monthly highs and lows anymore, publisher Andrew Batt-Rawden told Mumbrella yesterday. I started the company in debt, and as a starving artist I had no assets to borrow against. The operations have all frozen, and Im looking for a buyer to sell the masthead to prior to liquidation.
Limelight, which employs seven people, is the latest casualty among Australias smaller publishers with Crinkling News, Australias only childrens newspaper, and the local licensee …
Read the full article at: https://mumbrella.com.au/limelight-magazine-looks-for-buyer-as-parent-company-teeters-toward-liquidation-498234