> “They spent $100 million on us. They’ve already gotten the 60 million back, just because it’s been four years.” It looks like the debtor and acquirer lost mo

> “They spent $100 million on us. They’ve already gotten the 60 million back, just because it’s been four years.” It looks like the debtor and acquirer lost money on this. Journalists have a weird definition of “greed” Alternative theory, they just lost their relevance and wasn’t bringing in enough revenue to support their business model. So they tried increasingly long shot strategies to salvage the brand, but it failed and everyone lost money and jobs.