The Stage.co.uk has some grim news which may sound the death knell for Stephen Fry's Last Chance To See TV series.

Fledgling television production and distribution company Iostar is going into liquidation after failing to raise the funding needed to carry out its plans.

The company, which was set up last autumn, had intended to raise £30 million in order to buy companies such as Stephen Fry’s production house Sprout and modelling agency Models 1.