TDR has gone out of business 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.”
There’s a good long homage in creative review about the glorious dead. Who’s work I always enjoyed and I which I own in the form of CD’s and the odd clipping.
The exact same thing happened to a company I freelanced for some years ago. When it comes down to it, we can all get flattened, no matter how great or good we are, if they all rush you at once. You don’t stand a chance.
www.creativereview.co.uk/crblog/the-designers-republic-remembered
www.creativereview.co.uk/crblog/the-designers-republic-is-dead-long-live-the-designers-republic