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Parents Television Council Enters Chapter 7 Liquidation

The bankruptcy caps a long decline in clout as streaming platforms blunted its once-potent pressure on broadcasters and advertisers.

Overview

  • The Burbank-based nonprofit filed Oct. 3 in Delaware for Chapter 7 liquidation, reporting roughly $92,000 in assets and $285,000 in liabilities.
  • Following the filing, the group’s social media accounts were taken offline and president Jon Yasuda’s autoreply stated he is no longer employed.
  • Variety reports donations fell from as much as $6.6 million in the early 2000s to $1.6 million in 2023.
  • Founded by L. Brent Bozell III in 1995, the council once drove FCC indecency campaigns, including complaints tied to the Janet Jackson Super Bowl incident and a $3.6 million fine against CBS for a 2004 Without a Trace episode.
  • The organization did not respond to requests for comment, and the liquidation points to a wind-down after a 2021 rebrand and a final news release dated Sept. 3.