I'm no expert on these things, but as far as I undestand it this is a way of getting the creditors off your back whilst continuing to trade. Looking at their site the y do seem to publish a bewildering range of magazines for every possible tiny niche and I imagine the company will have to trim some of the fat off (like how many Mustang mags does one pulisher need?)
Graham Rennie from American Auto Mags would be the man for an expert answer on this
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