iMedia Brands Inc.

Representation of media company and shopping channel hub iMedia Brands and subsidiaries in its chapter 11 case in the District of Delaware. The Minneapolis-based debtor, which filed for bankruptcy protection due to decreased consumer spending, operates four channels; its flagship channel ShopHQ reaches more than 90 million homes. In June 2023, a Delaware bankruptcy judge granted permission to the debtor to take out a $15,000,000 loan until it can close on a $27.4 million offer for its shopping-channel business.