Bankruptcy Archives | The Digital Reader

PRH Buys Half of F+W Media At Auction, Including Half of Writer’s Digest

8 June, 20198 June, 2019Bankruptcy, Publishing5 Comments

Do you know that story in the Bible where Solomon orders a baby cut in half in order to settle a dispute about who was the...

Txtr Has Closed, Customers Advised to Transfer Accounts to Juke

1 August, 201613 May, 2017Bankruptcy, eBookstoreOne Comment

Eighteen months have passed since German ebook startup txtr declared bankruptcy, and just over a year since the company was taken over by Saturn, a media...

The Sudden Demise of BookTrope has Left Authors to Clean Up the Mess

1 June, 20161 June, 2016Bankruptcy, Publishing2 Comments

When Booktrope launched its publishing service five years ago, this hybrid publisher offered authors the best of both worlds: a five-year contract with no costs for the author,...

RadioShack Wants to Sell Customer Data, States File Suit

24 March, 201512 May, 2017Bankruptcy2 Comments

The demise of RadioShack was already one of the more saddening corporate bankruptcies in recent history, and now it’s also one of the slimier ones. Ars Technica reports that...

RadioShack Files for Bankruptcy, Sprint to Take Over 1,700 Stores

5 February, 201512 January, 2016Amazon, Bankruptcy, Retail9 Comments

So the rumors were true. Gadget retailer RadioShack filed for Chapter 11 bankruptcy protection today, and reported that its largest shareholder (and one of its largest debtors) Standard General...

The End is Nigh for RadioShack

2 February, 201512 January, 2016Bankruptcy, Retail7 Comments

Rumors are circulating today that RadioShack is (finally) going to go out of business. Sources say that the retailer is working out a bankruptcy deal which would close...

eReader and Screen Tech Pioneer IRX Goes Bankrupt, is Dissolved

27 December, 201427 December, 2014Bankruptcy, e-Reading Hardware, Screen Tech11 Comments

As 2014 draws to a close so does the final chapter on Irex Technologies, one of the early ereader makers. Yesterday a reader tipped me to...

eBook Gift Card Maker Qinqo is Bankrupt

19 September, 201311 May, 2017Bankruptcy, eBookstoreOne Comment

eBook gift cards suffered a setback today in the Netherlands. Qinqo, a Dutch startup that launched late last year, has posted a notice on their website...

Night Shade Books Puts Assets Up For Sale to Avoid Bankruptcy – Offers Authors a Deal That Rates a Full WTF

8 April, 201310 May, 2017Bankruptcy, Publishing3 Comments

Companies go under all the time, so when news circulated last week that Night Shade Books was folding I didn’t pay much attention. That was a...

Rumors: B&N to Deemphasize the Nook? Going Private?

24 February, 201328 January, 2016Bankruptcy, Barnes & Noble, Rumors19 Comments

Barnes & Noble is expected to share bad news in their quarterly 10-k report later this week and there are already a couple early rumors with...

Budget Tablet Maker Pandigital Goes Belly Up

19 November, 201215 January, 2019Bankruptcy, e-Reading Hardware23 Comments

Pandigital, one of the more visible smaller tablet makers that sprang up following the launch of the iPad, filed for bankruptcy shut down earlier this year....

Dutch eReader Maker Bebook is Bankrupt

5 January, 201215 November, 2019Bankruptcy4 Comments

It looks like the tight competition between the the big boys has claimed another victim. Netherlands based ebook reader maker Endless Ideas filed for bankruptcy today....

Could Borders Rise From the Grave?

16 September, 201110 May, 2017Bankruptcy, Bookstore12 Comments

The Borders bankruptcy saga is winding to a close, and it’s about to go into its final weeks. One of the last parts of Borders was...

Borders liquidation approved by bankruptcy judge

21 July, 201128 August, 2015Bankruptcy, Bookstore, eBookstoreOne Comment

Apparently the post I wrote early today had jumped the gun, because it wasn’t until this afternoon that the liquidation became official. Judge Martin Glenn of...