Children’s TV Show Files for Bankruptcy
Posted on Apr 14, 2011 5:15pm PDT
The children's TV show, WordWorld, has reportedly filed for Chapter 11 bankruptcy. According to reports, this filing is a part of a larger corporate restructuring plan for the company. The WordWorld program was created in 2007 and has expanded to toys, DVDs, software and more. The company has reportedly listed liabilities as somewhere between $10 million to $50 million and assets at somewhere between $1 million and $10 million.
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