Wednesday, 18 August 2010

The Good Book Guide goes into liquidation

Another sorry tale from the book industry with the news that The Good Book Guide has called in the insolvency practitioners to deal with the liquidation of the company.

A meeting of shareholders is to be held on 1st September, followed by a creditors' meeting later the same day. It is understood that reviewers for the monthly book recommendations magazine are among those owed money. The company also sells books online although the spokesperson would not comment on whether there were any publishers among the creditors.

Two members of staff, editor Fiona Lafferty and assistant editor Rosemary Cardus, have been made redundant.

The insolvency practitioner, Begbies Traynor, is "speaking to interested parties who want to buy the goodwill and trading name of the Guide."  I wonder who that will be.

No issue of the Guide has been published since April.

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