The Deal
Tuesday, November 24, 
9:13 am


Forward-looking intelligence allows you time to act. View this video on our restructuring content to see how you can benefit from our expertise.
NOT A SUBSCRIBER?

Lenders to control NV Broadcasting

Posted on July 15, 2009 2:33 AM
Depressed ad revenues have claimed another media company victim in NV Broadcasting LLC, and now the TV station operator plans to hand its equity to its first- and second-lien lenders to keep from fading to black.

Atlanta-based NV Broadcasting, which owns or is affiliated with 13 TV stations in nine markets, filed for Chapter 11 on Monday with the U.S. Bankruptcy Court for the District of Delaware in Wilmington. Parent company New Vision Television LLC, which is 97% owned by HBK Investments LP, didn't file for bankruptcy.

This is a free content preview. Subscribers enjoy access to all stories in full as well as second-to-none market intelligence.


Dig deeper, with Pipeline.

  • 212 in-depth reports of Bankruptcy filings in the Media sector
  • 116 company pages related to Broadcasting
  • 48 articles related to New Vision Television LLC
  • 44 articles related to HBK Investments LP
  • 10 years of news and analysis archives from the voice of The Deal Economy


Most searched keywords
  • Deutsche Bank
  • Skadden Arps
  • Pinnacle Foods
  • Concho Resources
  • Agrium Inc.
  • Birds Eye
  • Cantor Fitzgerald
  • Credit Suisse
  • Windstream Corp.
  • Goldman Sachs

EXISTING USERS


Username


Password


Forget your password?





Missing a product?



Sales Contact
Michael Crosby
mcrosby@thedeal.com
212.313.9325
Media Contact
Martha Brown
mbrown@thedeal.com
212.313.9218
Signing in signifies that you agree to our terms and conditions. View our privacy policy.