Corrie musical 'Street of Dreams' producer goes into liquidation

 

Those owed money by the failed Coronation Street musical Street of Dreams say they have given up hope of receiving thousands of pounds owed to them, after administrators were unable to prevent production company Reckless Entertainment from going into liquidation.

The Stage have the full story which basically says that Reckless Entertainment Ltd – listed as one of two production companies behind the Street of Dreams musical – has now gone into liquidation, with many involved in the production left thousands of pounds out of pocket.

The Stage say that a report to creditors – among whom Paul O’Grady’s management  company is listed as being owed £80,000 – reveals there will no “asset recoveries”. A subsequent letter from the Insolvency Service to potential creditors of Reckless Entertainment also shows there is “no prospect of a distribution to creditors”.

It's been its own soap opera, that's for sure, and one with an unhappy ending for everyone involved.

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