Liquidators Grant Thornton were called in to media independent Media Marketing Limited on Monday. MML had billings of £14m and blame the withdrawal of ITVA credit rights for their demise; they could not book any TV ads which made up 70% of their business. The ITVA had apparently asked for guarantees from MML’s parent company in Sweden, Marketing Gruppen. No-one from MML was available for comment this morning.
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