Gold Tree Studios files for Chapter 11 months after raising $1 billion

Gold Tree Studios sought bankruptcy protection months after securing $1 billion in funding, revealing limited assets and mounting liabilities in its court filing.

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Gold Tree Studios files for Chapter 11 months after raising $1 billion

Gold Tree Studios files for Chapter 11 months after raising $1 billion
Gold Tree Studios, a West Hollywood based post production company, has filed for Chapter 11 bankruptcy less than a year after raising $1 billion in financing. The funding, secured from Malka Group in March, was intended to expand the studio’s production infrastructure, including sound stages and editing facilities. However, court filings show the company now holds assets estimated between $100,000 and $500,000, against liabilities ranging from $1 million to $10 million.
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  • startup
  • bankruptcy