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TV station seeks debt protection

April 17, 1985

The Spokesman-Review

Broadcast Vision Television, which operates Spokane’s KSKN-TV, has filed a petition in U.S. Bankruptcy Court to seek protection from creditors while it attempts to reorganize its finances.

The television station went on the air on channel 22 in December 1983. It now is insolvent and unable to pay its debts, according to the bankruptcy petition filed Monday by attorney Richard Guy.

In U.S. District Court on Monday, Viacom Enterprises, an Ohio corporation, sued Lee Schulman, doing business as KSKN-TV, for $1.3 million for alleged breach of contract and copyright infringement.

Schulman was out of town Tuesday and unavailable for comment, but Guy said “it is the station management’s intention to keep it running.”

The total debt is not listed in the bankruptcy petition, but a list of the top 10 creditors includes Viacom, owed $559,672.

Wednesday, April 17, 1985

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From → KSKN

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