Former mail-order music giant Columbia House, whose only sales now belong to a flailing DVD business, wants to return to its vinyl roots. The Wall Street Journal has the Daily Bankruptcy Review article here.
Texas oil company Cubic Energy Inc. filed for chapter 11 protection with a prepackaged plan that would hand control to lenders. Read the Daily Bankruptcy Review article via The Wall Street Journal.
Popular music-streaming company Pandora Media Inc. plans to pay $75 million for the assets of Spotify competitor Rdio, which filed for bankruptcy Monday. Read the Daily Bankruptcy Review article via The Wall Street Journal.