Return To Profitability Unlikely As NewStar Files For Chapter 11

July 2000
Book Publishing Report;07/03/2000, Vol. 25 Issue 26, p3
Trade Publication
Reports the filing of NewStar Media Inc. for Chapter 11 relief at the United States Bankruptcy Court. Lack of funding to finance the audiobook publishing unit as reason for bankruptcy filing; Strategy of the company to regain profitability; Reason for resignation of employees; Percentage decrease of net revenues of its publishing division.


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