äht( closes up shop

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Adrian Hayward-SMALL.jpgSydney production company äht(, which has been a substantial player in the TVC industry for many years, has been forced to close its doors.

At the same time as trying to produce ads in a market challenged by a downturn in TVC production generally (as well as a Global Financial Crisis) – in the last year äht( has had to pay an extraordinary payroll tax penalty in the wake of the recent OSR audits.

Says äht( principal, Adrian Hayward (pictured): “Production Houses have been in the State Revenue gunsights recently with audits into a number of top Sydney Production Companies – a situation fought by äht alongside the Screen Producers Association and numerous other production companies, including the Sydney Film Company which closed last year. Everyone at aht is saddened by this news and wish to send our regrets and our thanks to all the agencies, crews and other suppliers who have worked with us over the years.”