A one-time 'conservative superstar' in California just went bankrupt
In the age of widespread internet use, many of the old fights about television’s depictions of sex, violence and profanity have fallen by the wayside. And now, one of the 2000s’ most prominent culture watchdogs is at its end as well. On Friday, the Parents Television Council declared bankruptcy.
The Burbank-headquartered nonprofit filed for liquidation in Delaware’s federal bankruptcy court, revealing about $92,000 of assets and $285,000 of liabilities. The council’s revenue and cultural relevancy had dwindled since the aughts, when it sparked record-setting regulatory fines against major media companies and churned out reports on shows’ racy content amid the booming popularity of cable television. Its stated goal was “to ensure that children are not constantly assaulted by sex, violence and profanity on television and in other media.”
Along with the Chapter 7 filing, the council has pulled its social media profiles offline. SFGATE’s email to the organization’s president, Jon Yasuda, bounced back with an automatic response: “Thank you for your email. I am no longer employed by the Parents Television and Media Council.”
Questions delivered to other company emails and phone numbers, plus those of the nonprofit’s bankruptcy lawyer, also went unanswered. The council’s last release is from Sept. 3, urging Congress to protect children with safeguards for artificial intelligence products.
https://www.sfgate.com/sf-culture/article/parents-television-council-went-bankrupt-21091238.php
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They will not be missed....
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