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VidAngel Settles 4-Year Battle With Disney And Warner Bros, Agreeing To Pay $9.9M To Emerge From Bankruptcy
Dade Hayes Finance EditorVidAngel, the Utah-based streaming outfit that shut down in 2016 after a judge ruled against its methods of altering and distributing content from Disney and Warner Bros, has found new life.The company said today it has emerged from bankruptcy after whittling down a $62.4 million judgment to a $9.9 million payout to the studios that will be stretched out over 14 years. Utah Bankruptcy Court Judge Kevin R.
