CreditRiskMonitor, a company led by a former hedge fund manager and attorney based in Rockland County, N.Y., has offered an assessment of what it believes are the top broadcasting and cable companies with a high chance of Chapter 11 bankruptcy reorganization.
One of the companies owns a big MVPD serving the New York Tri-State Area. Another is a DBS provider in a big dispute with one of the nation’s largest Hispanic media companies. The other companies two this Wall Street observer are large publicly traded radio companies that are well into the “red zone.”
