The Christian art publishers that have lost $2 billion due to Amazon’s collapse

Posted September 25, 2018 03:11:18When a company goes bankrupt, the owner is left to try to keep the business afloat, and in the case of Amazon, that means losing some of its customers.

The publishing industry is the second-largest in the U.S., and Amazon has been a huge hit with its books, which sell more than a billion copies a year.

Its popularity has led to the loss of tens of thousands of jobs.

But for Christian art publisher Grand Central Publishing, which published more than 60 million books in 2017, that didn’t happen by accident.

Its publishing empire has been in decline for years, and when the company’s stock tanked in February 2018, it saw the loss balloon into $2.7 billion.

In October of that year, the company filed for Chapter 11 bankruptcy protection, leaving it with $1.7 million in debts and about $500 million in assets.

The bankruptcy court judge ruled that the company couldn’t pay creditors on its books and that the only way to pay those debts would be to file for Chapter 7 bankruptcy.

In order to survive in bankruptcy, the publishing giant must file for a Chapter 13 bankruptcy that would force creditors to accept a $2,500 payment.

Grand Central could not do so, the judge ruled, citing its inability to meet those payments.

In May of 2019, Grand Central filed for bankruptcy protection again.

It was the first time that the publishing company had filed for protection in more than 10 years, the bankruptcy judge said.

Grand Centry is also facing its first Chapter 11 filing in more then 20 years.

The publisher lost almost $1 billion, including $300 million in interest, in the filing.

That was the largest loss in the publishing industry in the past 20 years, according to the bankruptcy court.

Grand Central Publishing lost $1,000,000 from its publishing operations.

Its books sold about 2.5 million copies, and it has about 5,000 employees, according a spokesperson for the company.

Grand central said that it will file for bankruptcy on Thursday, September 28.

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