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  2. The company entered chapter 11 with $272 million in assets and $374 million owed to creditors. Photo: Brendan McDermid/REUTERS The owner of TV shopping network ShopHQ, iMedia Brands, has filed for bankruptcy citing reasons including inflation, declining cable subscribers and lower discretionary spending.
    www.wsj.com/articles/tv-shopping-network-owner-imedia-brands-files-for-bankruptcy-9125e516
    www.wsj.com/articles/tv-shopping-network-owner-imedia-brands-files-for-bankru…
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    What happened to iMedia Brands?Judge Karen Owens of the US Bankruptcy Court for the District of Delaware indicated during a hearing ... iMedia Brands Inc. secured bankruptcy court approval to sell substantially all its assets to IV Media LLC, a Michigan firm affiliated with the maker of 5-Hour Energy, in a deal that includes $40 million in cash.
    Will iMedia sell?The sale will happen as part of iMedia's existing Chapter 11 case currently underway in the U.S. Bankruptcy Court for the District of Delaware. The court approved $15 million in new debtor-in-possession financing in connection with the proposed deal, which will help fund iMedia's operations until a sale closes.
    Who is iMedia Brands (imbiq)?Global media company iMedia Brands, Inc. (the “Company” or “iMedia”) (OTC: IMBIQ) today announced that it has successfully closed its Asset and Equity Purchase Agreement (“AEPA”) with IV Media, LLC (“IV Media”), a subsidiary of Innovation Ventures, LLC, the producer and distributor of 5-hour ENERGY ® shots.
    What happened to iMedia Brands after bankruptcy?Less than two weeks after filing for bankruptcy, iMedia Brands Inc. said it will sell its assets for about $50 million to New York-based RNN National Media Group.
     
  4. iMedia Brands Completes Successful Transaction for Asset Sale …

  5. TV Shopping Network Owner iMedia Brands Files for Bankruptcy

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  8. iMedia Brands Enters into an Asset and Equity Purchase …

  9. iMedia Brands Completes Successful Transaction for Asset Sale …

  10. iMedia Brands Enters into an Asset and Equity Purchase …

  11. iMedia Brands files Chapter 11 bankruptcy, looks for sale

  12. iMedia Bankruptcy Sale to 5-Hour Energy Founder’s Firm Approved

  13. Beleaguered iMedia files for Chapter 11 bankruptcy protection

  14. 2023-08-16 | Press Release | iMedia Brands Completes …

  15. iMedia Brands to be sold for $50 million out of bankruptcy - Star …

  16. iMedia Brands Goes Bankrupt as Inflation Kills Boomer Strategy

  17. ShopHQ Owner iMedia Brands Files for Bankruptcy

  18. iMedia's $50M sale canceled, 5-Hour Energy founder emerges as …

  19. iMedia Brands Completes Successful Transaction for Asset Sale …

  20. iMedia Brands Files for Chapter 11 Bankruptcy in Delaware

  21. Eden Prairie media company files for bankruptcy

  22. Popular media site files Chapter 11 bankruptcy - TheStreet

  23. Legacy IMBDS, Inc. et al (f/k/a Imedia Brands, Inc. et al.) - Stretto

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