Further to our reporting about Scribe Media, the company responded to PL’s inquiries and clarified that while Scribe Media, LLC is officially ceasing operations, due to an Article 9 sale, the company will continue to operate as its assets are transferred to new ownership. (Article 9 is part of the Uniform Commercial Code, which provides for a secured lender to repossess the secured property in the event of a default.) Scribe’s chief experience officer Meghan McCracken tells PL that a buyer has not been determined, saying: “There are many interested buyers at the moment.” The company confirms they laid off […]
