006.09 CR Blog » Blog Archive » The Designers Republic Is Dead; Long Live The Designers Republic

Jan 25, 2009 at 10:15 PM
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http://www.creativereview.co.uk/crblog/the-desi...

All week, rumours have been flying around the internet that DR had gone out of business. CR can confirm that it is true. On Tuesday this week, the business was closed with nine staff being made redundant. According to its founder, Ian Anderson, the studio became insolvent due to a combination of factors: “We’d lost a couple of clients, didn’t win a couple of pitches, got a tax bill which should have been sorted out and wasn’t and a major client who didn’t pay the money they owed us – in themselves any of those things would have been fine but when they come all at once there’s not much you can do.”