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Local Sports Broadcaster Files for Bankruptcy
Wazoo Sports, a London-based company that broadcasts and Webcasts high school sports, has filed for Chapter 11 bankruptcy protection and anticipates being sold. In its court filings, the company said it had been unable to raise new financing. The move came about the same time the company lost its major television outlets: NBC affiliate WLEX (Channel 18) in Lexington and ABC affiliate WHAS (Channel 11) in Louisville dropped Wazoo's programming. Wazoo Sports filed for bankruptcy protection in London on Dec. 29, listing debts of more than $3.12 million to its top 20 creditors.