EXCLUSIVE: Sony Pictures Television is closing Stolen Picture, the production company founded by Simon Pegg and Nick Frost in 2016.
Deadline understands that Sony will keep the Stolen Picture brand and creative IP alive within its family of labels, but is liquidating the legal entity.
No employees are impacted. The liquidation is being overseen by BRI Business Recovery and Insolvency. “The directors of the company have made a declaration of solvency and it is expected that all creditors will be paid in full,” BRI said in a statement to creditors.
Sony took full control of Stolen Picture in 2022 after originally buying into the outfit in 2017. As part of the 2022 deal, Pegg and Frost resigned as directors and have since stepped away from day-to-day operations.
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