Fox’s Producers of ‘American Idol’ File for Bankruptcy

Bloomberg: The producers of what was once the most popular TV show in the U.S., “American Idol,” have filed for bankruptcy in New York, drawing the curtain on the 15-year run of a broadcast phenomenon. Core Entertainment and nearly 50 affiliated companies, from All Girl Productions to Clown Car Productions, sought court protection from creditors owed almost $400 million. The company had been trying to rebuild its once-dominant position in the reality-TV world.