PCH charity xmas train is abolished!
Author: Bummer
Date: 04-09-2025 - 14:42
As PCH’s revenue declined, the company incurred losses beginning in 2022, Henrich said. Meanwhile, television advertising became more expensive and less effective amid the rise of streaming, “making it harder to reach the mass audiences of earlier decades,” Henrich said.
The company’s owners include various trusts associated with founders, Harold and LuEsther Mertz and their daughter, Joyce Mertz-Gilmore, according to court records.
The case is Publishers Clearing House LLC, number 25-10694, in the US Bankruptcy Court for the Southern District of New York.