The producer of “American Idol” won court approval to shed hundreds of millions of dollars of debt, and cleared a path toward working with Simon Fuller, the creator of the franchise, after it exits bankruptcy, Bloomberg News reported yesterday. Core Entertainment, which has continued to produce television programs including "So You Think You Can Dance" while in bankruptcy, won approval of a plan yesterday that includes a settlement with a committee of creditors and the cancellation of equity that had been owned by Apollo Global Management LLC and Twenty-First Century Fox Inc, according to court papers. Bankruptcy Judge <b>Stuart Bernstein</b> approved the plan yesterday, after hearing that most creditors had voted in favor, and all written objections had been resolved before the hearing, including one from Fuller.
