Zig Zag, UK Producer Behind ‘I Wanna Marry Harry’ & ‘Danny Dyer’s Deadliest Men,’ Declared Insolvent
Exclusive: Zig Zag, the 25-year-old UK producer behind shows including Fox’s I Wanna Marry Harry, is shutting its production arm after being hit by the unscripted commissioning drought.
Zig Zag is putting Zig Zag Productions Limited into insolvency as part of a financial restructuring that has resulted in six employees being made redundant.
The company, founded in 1999 by Danny Fenton, has appointed an administrator following a meeting with creditors on Wednesday. The insolvency company will be announced shortly.
Deadline understands that Zig Zag had three shows greenlit last year, worth as much as £4.5M ($5.6M), but the series were delayed indefinitely amid uncertain market conditions.
Zig Zag’s other companies, including Zig Zag Holdings and Zig Zag Media Rights, will continue trading, meaning it is not inconceivable that the brand will live on if commissions come to fruition.
Zig Zag is not currently in production so no shows are at risk.
Zig Zag is putting Zig Zag Productions Limited into insolvency as part of a financial restructuring that has resulted in six employees being made redundant.
The company, founded in 1999 by Danny Fenton, has appointed an administrator following a meeting with creditors on Wednesday. The insolvency company will be announced shortly.
Deadline understands that Zig Zag had three shows greenlit last year, worth as much as £4.5M ($5.6M), but the series were delayed indefinitely amid uncertain market conditions.
Zig Zag’s other companies, including Zig Zag Holdings and Zig Zag Media Rights, will continue trading, meaning it is not inconceivable that the brand will live on if commissions come to fruition.
Zig Zag is not currently in production so no shows are at risk.
- 4/11/2024
- by Jake Kanter
- Deadline Film + TV
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