With Parent’s BK Exit Set, EstrellaTV Adds Three Local Newscasts

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On April 18, the parent company of EstrellaTV saw its “Third Amended Plan of Reorganization” get approved in a Delaware federal bankruptcy court.


Now, with an emergence from debtor-in-possession status set to hand HPS Investment Partners 100% of the new equity interests in the company, LBI Media has given its broadcast TV network the green light to launch local newscasts at three of its owned-and-operated stations.

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