The media giant behind “American Idol” and “So You Think You Can Dance” has filed for bankruptcy, and part of the problem is … ‘Idol’ was hemorrhaging money in its final seasons. [SOURCE]
Core Media Group filed for bankruptcy Thursday morning. Core has about $73 million in assets, but more than $512 million in debt. One of its biggest creditors is ‘Idol’ creator Simon Fuller (owed more than $3.3 million). Several law firms and music labels, as well as the FOX Network are also owed moola.
Miley got a new tattoo!
“permaaaa skinnnnn arrrrrttttt by daaaa mosssst bad a$$ @laurenwinzer #lilbbJupiter”
But is that Juipter? Looks a bit like Saturn… but whatever.