Scout Media Inc.’s creditors say the online sports publisher isn’t paying its bills and are trying to force the business, once owned by Fox Sports, into bankruptcy, the Wall Street Journal reported on Saturday. In court papers filed on Thursday with the U.S. Bankruptcy Court in New York, three creditors launched an involuntary chapter 11 proceeding against Scout Media, saying the company is past due on a total of about $800,000. In a statement on Friday, Scout Media President Craig Amazeen said that the sports network would continue operating normally but declined to comment further. If the bankruptcy wins a judge’s approval and is allowed to proceed, it would force Scout Media to create a plan to repay its creditors and could spell the end of the sports network altogether. Scout Media has 21 days to reply to the bankruptcy filing. Bankruptcy Judge Michael Wiles will oversee the case.
