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Bron Studios files for bankruptcy

Bron Media Corp. and its affiliates, collectively known as BRON Studios, filed for protection under the Companies’ Creditors Arrangement Act (CCAA) on July 19, 2023, amid mounting financial distress exacerbated by the COVID-19 pandemic, underperforming film releases, and the writers’ strike. The company, known for financing and producing major films such as “Joker” and “House of Gucci,” faced liabilities exceeding $420 million at the time of filing. BRON Media sought recognition of its CCAA proceedings in the United States as well. Grant Thornton was appointed as Monitor, represented by Cassels. Miller Thomson acted as counsel for Bron Media, Bennett Jones represented Creative Wealth Media Finance Corp. and Creative Wealth Media Lending Inc., with Blaney McMurtry as litigation counsel for those parties, and Blakes served as counsel for Access Road Capital.

Company

Bron Media Corp. et al.

Law Firm / Organization
Gowling WLG
Lawyer(s)

Asim Iqbal

Law Firm / Organization
Miller Thomson LLP

Company

Grant Thornton Limited

Law Firm / Organization
Cassels Brock & Blackwell LLP

Company

Creative Wealth Media Finance Corp.

Law Firm / Organization
Bennett Jones LLP

Company

Creative Wealth Media Lending Inc.

Law Firm / Organization
Bennett Jones LLP

Company

Access Road Capital

Law Firm / Organization
Blake, Cassels & Graydon LLP
Other
Tech/Computer/IT
Undisclosed/Confidential
Closed
19 July 2024