Marshall Broadcasting posts $19.51 million net income for November

By Sarah Lizee

Olympia, Wash., Jan. 14 – Marshall Broadcasting Group, Inc. posted a $19.51 million net income on zero revenue for November, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the Southern District of Texas.

For comparison, the debtor reported a $210,030.06 net loss on zero revenue for October.

The company had $1.4 million of cash at the end of November, compared to $1.45 million at the end of October.

Marshall is a Houston-based broadcasting company. The company filed bankruptcy on Dec. 3, 2019 under Chapter 11 case number 19-36743.

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