Podcast Firm That Went Viral for Missing Payments Files Bankruptcy
- Podcast producer Kast Media filed Chapter 11 after accusations
- Comedian Theo Von is owed $456,398, according to filing
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A podcast production company that was accused by comedian Theo Von and others of owing content creators millions of dollars has filed bankruptcy in California.
Kast Media Inc., which historically produced and placed ads in shows, filed a type of Chapter 11 for small businesses. It had nearly $700,000 in total assets and more than $6.3 million in total liabilities as of Jan. 31, according to a balance sheet Kast included in the Wednesday filing.