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[Swprograms] Worldspace files for Chapter 11 bankruptcy
- Subject: [Swprograms] Worldspace files for Chapter 11 bankruptcy
- From: "Richard Cuff" <rdcuff@xxxxxxxxx>
- Date: Sun, 19 Oct 2008 09:18:15 -0400
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See http://www.bizjournals.com/washington/stories/2008/10/13/daily79.html?jst=b_ln_hl
or elsewhere.
They're out of cash...but not out of the woods...their creditors
agreed to fund them for 90 days.
They say they have 171,000 subscribers; to me, that seems like a pittance.
--
Richard Cuff / Allentown, PA USA
International broadcasting / shortwave blog:
http://www.intlradio.blogspot.com
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