According to this month's Veterinary Practice magazine, Vetstream Ltd., the erstwhile publisher of Veterinary Review, has been granted a Company Voluntary Arrangement under the Insolvency Act 1986.
VP reports that the CVA is an alternative to liquidation which in this case will allow Vetstream to make a partial repayment to it's creditors (who are collectively owed £1.15 million) of 40.08p in the pound over three years.
As I reported earlier, Vetstream Ltd now plans to focus on electronic media, including its CD-Rom products (Canis, Felis, Equis and Lapis) and www.myvetstream.com.
With the latter, they face some stiff competition, not least from this site which uses state-of-the-art software to provide the latest networking and information sharing features for vets, but also vetsonline.com, a more recent entrant to the marketplace from the publishers of Vet Times.
PS: Whilst you're here, take a moment to see our latest job opportunities for vets.
How is this site a competition to Vetstream. That is a website with clinical information where this site is primarily a veterinary social networking site.
Unless the scope of the site is about to change that I don't know of.
It doesn't even compare to vetsonline who seem to have a mess with their websites: vetsonline.com will redirect you to www.vbd.co.uk while www.vetsonline.com will redirect you to a different site of the same company, but based in Germany.
Hi Martin,
I meant that the three websites are in one way or another competing for your time online.
You're right, we are offering different things, but there is some overlap.
For example, I've seen www.myvetstream.com described as a networking website, though it seems to use fairly basic technology.
As you say, vetsonline.com links to the old vbd website, which is just because they seem to have forgotten to point it at the right website, which is the www.vetsonline.com one.
Although that is a publisher's website (as opposed to a social network), they publish jobs, CPD and news, as we do.
I say 'as we do' - in fact, that's not strictly true. On VetSurgeon.org, we don't publish much content ourselves. We simply concentrate on providing you with best information-sharing system there is, to enable you to publish stuff yourselves.