Equity Media, who is best known for developing Retro Television Network, is in really big trouble, according to this report from ArkansasBusiness.com It looks like one of its largest creditors wants the company liquidated, even after the company filed Chapter 11. The creditor claims that Equity misrepresented its holdings and worked with insiders to maintain control of the company despite financial woes.
Although RTN has been sold, this may have a negative impact on the growing subchannel network, as the programming originates from Equity's Little Rock hub.
Although RTN has been sold, this may have a negative impact on the growing subchannel network, as the programming originates from Equity's Little Rock hub.