Hastings Files for Bankruptcy; Seeks Buyer

The multimedia retailer filed for Chapter 11 June 13 with the hope of giving the company more time to find a new buyer. Without a sale, Hastings will likely be forced to liquidate as early has mid July. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2016-06-13 00:00:00 UTC ]
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Hastings Files for Bankruptcy; Seeks Buyer

The multimedia retailer filed for Chapter 11 June 13 with the hope of giving the company more time to find a new buyer. Without a sale, Hastings will likely be forced to liquidate as early has mid July. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-06-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #seeks buyer


130-Year-Old California Bookstore Seeks Buyer

Vroman’s is a community landmark in Pasadena, Calif. Now, its longtime owner says he’s ready to turn over the reins. Continue reading at The New York Times

[ The New York Times | 2024-02-08 14:22:44 UTC ]
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Tattered Cover Book Store Files for Bankruptcy

One of the country's best known independent bookstores plans to use the bankruptcy process to become a smaller, modern, financially sustainable business. It is in the process of closing three of its seven locations. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-10-17 04:00:00 UTC ]
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Vice Media files for Chapter 11 bankruptcy, the latest in a string of digital media setbacks

Vice Media is filing for Chapter 11 bankruptcy protection, the latest digital media company to falter after a meteoric rise Continue reading at ABC News

[ ABC News | 2023-05-15 11:47:06 UTC ]
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Vice files for bankruptcy protection amid cut-price sale to consortium

Digital publisher and owner of Vice News and Vice TV was once valued at $6bn but has agreed sale for $225mVice, the once high-flying media startup that reached a peak valuation of nearly $6bn (£5bn), has filed for bankruptcy protection in the US as the digital publisher engineers a cut-price... Continue reading at The Guardian

[ The Guardian | 2023-05-15 09:23:50 UTC ]
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LSC Communications Prepares Bankruptcy Filing As Shareholder Revolts

Weeks after issuing an earnings that report that revealed the company lost $295 million last year, publication printer LSC Communications is preparing to file for Chapter 11 bankruptcy, Bloomberg reports, citing "people with knowledge of the plans." The news comes less than a year after the... Continue reading at Folio Magazine

[ Folio Magazine | 2020-03-25 18:34:08 UTC ]
More news stories like this | News stories tagged with: #takeover bid #general partner #manufacturing platform #developing story #largest book


McClatchy: newspaper publisher files for bankruptcy as 'local media suffers'

Miami Herald and Kansas City Star publisher has suffered as readers give up traditional subscriptions and get news onlineThe publisher of the Miami Herald, the Kansas City Star and dozens of other newspapers across the country is filing for bankruptcy protection. Related: Controversy rages over... Continue reading at The Guardian

[ The Guardian | 2020-02-13 14:36:40 UTC ]
More news stories like this | News stories tagged with: #bankruptcy protection #miami herald


Haynes seeks buyer to secure future

Car manual publisher Haynes Publishing Group PLC is seeking a buyer for the company and all its subsidiaries in the interests of "securing a bright, new future for the group". Continue reading at The Bookseller

[ The Bookseller | 2019-11-14 15:18:28 UTC ]
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Tiger Oak Media Files for Chapter 11 Bankruptcy

Citing mounting vendor debt and declining revenue, Tiger Oak Media—the publisher of more than 30 regional and bridal magazines around the country—has filed for Chapter 11 bankruptcy protection, according to documents filed in U.S. Bankruptcy Court in Minnesota on Monday. The 26-year-old... Continue reading at Folio Magazine

[ Folio Magazine | 2019-10-10 14:55:27 UTC ]
More news stories like this | News stories tagged with: #reduce costs #net profit #faced accusations #tiger oak #interested parties


Circle files for bankruptcy of Dutch printing companies

Circle Media Group has filed for bankruptcy of its Dutch printing companies, blaming Europe’s “challenging market circumstances” in a “shrinking” print industry. Continue reading at The Bookseller

[ The Bookseller | 2019-04-18 00:00:00 UTC ]
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Largest Germany Wholesaler Files for Bankruptcy

KNV, the largest German book wholesaler and distributor, filed for bankruptcy on February 14. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-15 00:00:00 UTC ]
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Donadio & Olson Files for Bankruptcy

After the theft of $3.4 million by its former bookkeeper, the agency has shuttered and started liquidation proceedings. In a letter, agency principal Neil Olson apologized to his clients and said he had "simply run out of time and resources.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-12-18 00:00:00 UTC ]
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Medallion Press Files for Chapter 7 Bankruptcy

Medallion Press, which was formed in 2003 as a mass market publisher before branching out into other media markets, filed for Chapter 7 bankruptcy October 18. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-10-29 00:00:00 UTC ]
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Quality Books Files for Bankruptcy

The Illinois book distributor to schools and libraries has sent a letter to creditors saying it can no longer meet its financial obligations and is in the process of liquidating its assets. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-14 00:00:00 UTC ]
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With No Buyer, Bankrupt Hastings Will Close All Stores

A bid made by the liquidation specialists Hilco Merchant Resources and Gordon Brothers was approved yesterday, meaning that the process of selling off Hastings inventory and closing all stores will begin soon. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-07-21 00:00:00 UTC ]
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At Bankruptcy Hearing, Hastings Finds Some Hope

Wednesday, at a hearing in its bankruptcy proceedings, the retailer won a short extension in the amount of time it has to find a buyer. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-07-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bankruptcy proceedings #retailer won


Gawker Has Filed for Bankruptcy and Says It Will Sell to Ziff Davis

Gawker Media filed for Chapter 11 bankruptcy on Friday, shortly before announcing the iconic blog network has reached an agreement with Ziff Davis to purchase its seven brands and other assets. Gawker's brands include Gawker.com, Deadspin, Lifehacker, Gizmodo, Kotaku, Jalopnik and... Continue reading at AdWeek

[ AdWeek | 2016-06-11 00:00:00 UTC ]
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David Bull Publishing Seeking Buyer

The motorsports niche publisher, David Bull Publishing has hired Broadwater & Associates to arrange the sale of the company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-21 00:00:00 UTC ]
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Family Christian Stores Files for Bankruptcy, Will Restructure

The nation's largest Christian bookstore chain has filed for bankruptcy and plans to reorganize. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-02-12 00:00:00 UTC ]
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Stieg Larsson publisher Quercus driven to seek buyer

Independent which brought the Millennium trilogy to millions of English-language readers puts company up for saleThe publisher behind The Girl With the Dragon Tattoo, independent press Quercus, has put itself up for sale in what it has described as a "challenging" and "increasingly competitive"... Continue reading at The Guardian

[ The Guardian | 2014-01-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #financial restructuring #perfect storm #high street