"Callaway Arts & Entertainment, Inc. filed for Chapter 11 bankruptcy protection in Manhattan federal bankruptcy court, revealing debts exceeding $4 million to its largest unsecured creditors."
"The company owes $450,000 to Bob Dylan and nearly $1.7 million to Hachette Book Group, one of the largest publishers in the United States."
"In 2023, Callaway published 'Bob Dylan: Mixing Up the Medicine,' a 608-page book about the Grammy-winning singer-songwriter's working life."
"Callaway's publications are described as beautiful and highly collectible, often appreciating significantly in value, according to a press release from Hachette Book Group."
Callaway Arts & Entertainment, Inc., a multimedia publishing company based in New York City, has filed for Chapter 11 bankruptcy protection. The company owes more than $4 million to its 20 largest unsecured creditors, including $450,000 to music icon Bob Dylan and nearly $1.7 million to Hachette Book Group. The nature of the debts is not specified in the bankruptcy petition. In 2023, Callaway published a book about Bob Dylan and partnered with Hachette for sales and distribution.
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