Plum TV, the upscale cable channel that serves up light entertainment geared toward tourist and resort markets, announced on Jan. 3 that the company had filed for Chapter 11 protection in federal bankruptcy court for the Southern District of New York.
The beleaguered company, which is based in Miami but operates a station on the South Fork and in seven other high-end markets in the United States, laid off 50 of its 85 employees across the country in September, hoping to avoid accumulating further debt while preserving the brand.