Media, sports & entertainment coverage

chapter 11 and restructuring coverage across Media, sports & entertainment.

33 articles

Showing 25 to 33 of 33 coverage articles

Week of March 2, 2026

Mar 6

Diamond Comic Distributors: 40-Year Monopoly Ends in Chapter 7

Diamond Comic Distributors ch. 11 collapsed into ch. 7. DC, Marvel departures ended 40-year monopoly.

Chapter 7Consumer & retail

Mar 6

CMX Cinemas Confirms Subchapter V Plan, Beats Landlord's $3.4M Debt-Cap Challenge

CMX Cinemas filed a second chapter 11 in July 2025 under Subchapter V, reorganizing despite a landlord's claim its debt topped the $3.4M small-business cap. The court denied the objection and confirmed a plan keeping 28 theaters open under Cinemex ownership with ~100% unsecured recovery.

Subchapter VMedia, sports & entertainment

Mar 6

Avant Gardner Files Chapter 11 After NYC Revokes Brooklyn Mirage Permits; Axar Takes Over for $110M

Avant Gardner filed chapter 11 after NYC revoked Brooklyn Mirage permits. Axar's $110M+ credit bid approved; UCC achieved $20M+ settlement.

Real estate & construction

Mar 6

Audacy: Prepack Restructuring Confirms with Ongoing Radio Asset Sales

Audacy Jan 2024 prepack confirmed quickly and went effective Sept 2024, alongside selected radio asset 363 sales.

PrepackagedMedia, sports & entertainment

Mar 6

Merit Street Media: Judge Converts Dr. Phil Network to Chapter 7 After Evidence Destruction Finding

Merit Street Media chapter 11 converted to chapter 7 after judge found Dr. Phil destroyed evidence. Gangster move text deleted; Envoy formed pre-filing.

FreefallMedia, sports & entertainment

Mar 6

The Dolphin Company: Armed Standoffs, $10K Daily Sanctions, and Miami Seaquarium's End

The Dolphin Company ch. 11 amid animal welfare scandals, armed standoffs, $10K daily CEO sanctions.

FreefallMedia, sports & entertainment

Mar 6

Nicklaus Companies: $50M Verdict Triggers Fight for Golf Legend's Brand

Jack Nicklaus won $50M defamation verdict against Nicklaus Companies. Chapter 11 filing reveals $493M debt, disputed liens, and auction set for February 2026.

Media, sports & entertainment

Week of December 29, 2025

Jan 3

Publishers Clearing House: Sweepstakes Icon Collapse Leaves Prize Winners Unsecured

Publishers Clearing House (PCH) filed chapter 11 Apr 2025; brand sold to ARB for $7.1M and "5,000 a week for life" winners became unsecured creditors.

Consumer & retail

Jan 1

Maverick Gaming: Eric Persson Buys Back Assets After $306M Debt

Maverick chapter 11 produced $119M+ in sales, including Eric Persson's $28M PokerCo bid and $1.4M EGads buyback after $306M in debt.

Media, sports & entertainment