AudioGo who produces audiobooks for the BBC have gone into liquidation.
CEO Mark Shaw said:
Significant accounting issues and the consequent working capital requirements at
AudioGO led to it being insolvent. Unfortunately, there was no other option at
this stage but to place the remaining UK business into administration, as no
suitable buyer could be found. The administrators are taking all necessary steps
to mitigate losses to customers and to maximise recoveries for the benefit of
creditors.