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December 10, 2010

RHI Files for Bankruptcy Protection

"RHI Entertainment Inc , maker of made-for-television movies, mini-series, and other television programming, on Friday filed for bankruptcy in order to implement a plan of reorganization.  The company, whose programs have appeared on the Hallmark Channel, Liftime, Spike TV, broadcast channels and others, reported assets of $524.7 million and debts of $834.1 million in its bankruptcy petition, filed with the U.S. Bankruptcy Court in Manhattan. It has about 60 employees, according to the filing."

Read the article here.

December 10, 2010 in Current Affairs | Permalink

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Posted by: scholar | Dec 11, 2010 5:02:45 PM

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