American Idol Production Company Files for Chapter 11 Bankruptcy

Apr 28, 2016 | Bankruptcy, Celebrity Bankruptcy, Chapter 11 Bankruptcy

Anybody else remember Ryan Seacrest’s comedic foil from the first season?

Neither do I.

But apparently his name was Brian Dunkleman. (Kidding of course – we all remember him!)

He’s been gone for a long time, and probably has been kicking himself ever since.

How about when Ryan Seacrest used to say “Seacrest… OUT!”

That lasted all of about five minutes. He probably killed off his catchphrase as soon as he realized how ridiculous it was, which was a year or two after the rest of us did.

And the Winner Isn’t….

It was just reported that Core Media Group, the company that produces American Idol and So You Think You Can Dance, filed for chapter 11 bankruptcy.

Apparently they have been losing money due to the show’s ratings taking a nosedive off of a very steep cliff. And they owe money to all sorts of people. Their biggest creditor is actually the creator of the show, Simon Fuller.

But how does a show that got paid millions by Coke just so the judges could sip from giant, plastic, red Coke cups on air not have freight cars full of money left over from its heyday?

The article doesn’t say, so we can only speculate. The producers probably thought the gravy train would just keep on runnin’ till the cows came home.

But the rest of us knew better.

We reached out to the show’s producers for comment, but all of them declined. Okay – that’s actually a lie, but we were able to get in touch with some experts with intimate knowledge about the program.

What Would Simon Cowell Say?

Probably “I told you so.”

What Would Randy Jackson Say?

“It’s very pitchy dog.”

What Would Paula Abdul Say?

Something unintelligible.

What Would Jennifer Lopez, Keith Urban, and Harry Connick Jr. Say?

Who cares? The show’s been terrible since way before they became judges.

A Bittersweet Symphony

Momma always said you have to take the bitter with the sweet. Actually, she never said that. Most of what she told me can’t be repeated here without some serious censorship. But I digress.

The sweet – The show is over. No more irritating judges, over-the-top product placement and manufactured drama, not to mention tolerating the excruciatingly endless weeks of horrible singing just to weed out the final few, semi-talented people.

The bitter – The show did expose us to some talented performers and gave them recording careers. We might not have Kelly Clarkson, Carrie Underwood, Ruben Studdard, or even Elliott Yamin without it. I’ve heard there are a bunch of others, but I stopped watching the show years ago.

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