Los Angeles-based international sales company Cinema Management Group (Cmg) has filed for Chapter 7 voluntary bankruptcy in US bankruptcy court in California.
According to court documents, Cmg has liabilities of just over $10.2m. A creditors meeting has been set for January 15.
The fate of the company’s staff and of the films it is representing was unclear at press time. The company’s website lists a staff of eight executives, led by president and founder Edward Noeltner.
In a statement to Screen, Noeltner said: “My wife’s ongoing illness requires me to devote 100% of my time going forward to her and our family.
According to court documents, Cmg has liabilities of just over $10.2m. A creditors meeting has been set for January 15.
The fate of the company’s staff and of the films it is representing was unclear at press time. The company’s website lists a staff of eight executives, led by president and founder Edward Noeltner.
In a statement to Screen, Noeltner said: “My wife’s ongoing illness requires me to devote 100% of my time going forward to her and our family.
- 1/7/2025
- ScreenDaily
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