Printers warned after MMC collapse

Printers and publishers could fall victim to the "knock-on effects" of bad debts accumulated by the failed Magazine Marketing Company (MMC).

Kirk Galloway, director and general manager of magazine printer Buxton Press, said both large and small printers and publishers that were previous clients of the failed firm could suffer after MMC was placed into administration on May 21.

"It could be expected that there will be significant bad debts and lost revenues for their publisher clients - both large and small - as well as the possibility of knock-on effects of bad debts for their associated printers should the publishers fail," he said.

"It's a sad and unfortunate situation all round."

Sallyanne Pitt of insolvency practitioner MCR said the group's fall into administration was an "extremely unfortunate" situation. MMC represented more than 135 clients and 400 magazines, including The Spectator, The Wisden Cricketer and The Oldie, making it the UK's largest independent newstrade distributor.

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