After a tumultuous 2016, digital sports network Scout Media Inc. filed for bankruptcy in New York late last week, citing plans to sell the remainder of its business at auction next month.
Scout, which operates a sports blog network aimed at men’s interests covering topics like football, fishing and hunting, filed for Chapter 11 protection on Dec. 8. In order to continue funding its operations, the company is asking a U.S. bankruptcy court judge to grant it immediate access to $6.2 million from private debt fund Multiplier Capital LP.
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