TOKYO -- JKN Global Group, the Thai media company that owns the Miss Universe pageant, has filed for bankruptcy protection after loading up on debt to buy the annual event.
Media group JKN looks to restructure debt and improve liquidity
The Miss Universe pageant boasts a history that spans over seven decades. © Reuters
TOKYO -- JKN Global Group, the Thai media company that owns the Miss Universe pageant, has filed for bankruptcy protection after loading up on debt to buy the annual event.