Quantcast
Simmons-Cafaro site files for bankruptcy

NO GOOD, THE BAD & THE UGLY: No Good TV, backed by entertainment industry veterans including company Chairman Gene Simmons and former A&M topper Al Cafaro, filed for bankruptcy on Feb. 25. Company exec Kourosh Taj confirmed the news to digitalmediawire on Thursday in an email: “NGTV filed for chapter 11 protection primarily to implement a reorganization plan with the cooperation and consent of our senior secured lenders.” NGTV, which is targeted at the 18-34 demo, describes itself on the website as “the world's largest producer of uncensored celebrity news and entertainment programming.” The Beverly Hills-based company claims to be the third most-watched YouTube partner, with 445 millions views and counting. (3/19a)

STRINGER ON "THE ISSUES AND ACTIONS NEEDED"
Sony Music is all in. (6/1a)
"REAL AND CONSTRUCTIVE CHANGE": SIR LUCIAN SPEAKS OUT
UMG is all in. (6/1a)
RAPINO: SUPPORTING BLACK CULTURE, ANTI-RACISM
Live Nation is all in. (5/30a)
WMG ON COPING WITH THE MOMENT
Warner Music is all in. (6/1a)
ARTISTS MAKE THEIR VOICES HEARD (UPDATE)
The stars are coming out. (6/1a)
TUESDAY
THE SHOW MUST BE PAUSED
TIME TO REFLECT
TIME TO ACT
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)