Chapter 11


Aereo files for bankruptcy

Controversial US TV streaming service Aereo has filed for Chapter 11 bankruptcy, citing the regulatory and legal challenges to the company that “have proven too difficult to overcome.” In a blog post announcing the move, Aereo said that it has appointed Lawton Bloom of Argus to serve as Aereo’s chief restructuring officer and claimed that […]

KIT Digital to file for bankruptcy, relaunch as Piksel

TV technology provider KIT Digital is set to file for bankruptcy, in a move to recapitalise the company put its core operating into newly formed group called Piksel. The firm said that as part of its reorganisation plan its three largest shareholders had agreed to file for Chapter 11 bankruptcy in the US – a […]