Talk:YogaWorks

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Apriltools (talk · contribs) has been paid by GoDigital Media Group on behalf of Yogaworks. Their editing has included contributions to this article.

Rewrite[edit]

I rewrote the article based on existing and more recent sources. There was a lot of info that was promotional (cited only to the subject's website), based on non-verifiable sources (see below) and claims not supported by the sources cited. I've spent considerable time to bring it in line with WP guidelines.-- — Keithbob • Talk • 17:53, 24 September 2015 (UTC)[reply]

Sources removed[edit]

Lauren Johanson (September 15, 2008). "Yoga What? YogaWorks!". Your Daily Thread. Retrieved 22 January 2010.

This website is defunct and the source is not verifiable per WP:V-- — Keithbob • Talk • 17:10, 24 September 2015 (UTC)[reply]

"YogaWorks Teacher Training Program". Semperviva Yoga College. Retrieved 27 January 2010.

This web site no longer exists. It has been replaced by Semperviva.com and although YogaWorks is mentioned on the site [1] it is only to advertise courses they are offering and I see the content as primary and non-notable.-- — Keithbob • Talk • 19:13, 25 September 2015 (UTC)[reply]

Chapter 11 information[edit]

This edit request by an editor with a conflict of interest has now been answered.

Specific text to be added or removed: OTC Pink Current: YOGAQ
Reason for the change:

The firm is no longer listed on NASDAQ (template: infobox), the template (above) provides a link to current status.

Yogaworks continues to operate as an on-demand video platform.

Re-organization negotiations had positive news last week. See reference below:

References supporting change: ^[1]

Thank you. Apriltools (talk) 19:25, 11 May 2021 (UTC)[reply]

More Info[edit]

This edit request by an editor with a conflict of interest has now been answered.

Specific text to be added or removed:

~~Their Internet-based digital media service and online education programs were acquired by Serene in November 2020.[4]~~

Yogaworks Internet-based digital media service and online education programs were purchased by GoDigital Media Group in December 2020.

Reason for the change:

Serene appears to be an original creditor to Yogaworks, interests have been sold to GoDitigal Media Group

References supporting change:^[2]^[3]

Thank You Apriltools (talk) 20:18, 8 June 2021 (UTC)[reply]

@Apriltools: I've functionally executed your requested changes, I believe. Your actual stated text for inclusion didn't include any actual note that part of the business was still active, under a new owner, which seemed applicable, so I added a couple of words to note that. Nosebagbear (talk) 13:15, 12 July 2021 (UTC)[reply]

@Nosebagbear: Thank you for your edit, it looks great. There is not much published about future plans with the exception that it is now an online business, the goal here was to update that the business continues to operate and to hopefully keep the article out of AfD. Thanks again! Apriltools (talk) 15:45, 12 July 2021 (UTC)[reply]

References

^ "YogaWorks Gets OK For Plan To Pay Unsecured Creditors". Delaware: Law360. 2021-05-04. Retrieved 2021-05-11. A Delaware bankruptcy judge Tuesday approved a Chapter 11 plan for yoga instruction company YogaWorks that includes $340,000 for unsecured creditors thanks to good results from the company's asset auction in December.
^ Ingham, Tim (2021-05-19). "GoDigital's Jason Peterson: 'We have a vision for a billion-dollar balance sheet of music rights.'". Music Business Worldwide. Archived from the original on 2021-05-19. Retrieved 2021-06-08.
^ Research, New Generation (2020-12-28). "YogaWorks, Inc., a Delaware C-Corporation – Court Approves $9.6mn ($7.3mn Cash Consideration) Asset Sale to MEP Capital/GoDigital Entity The YW Company - Daily Bankrupt Company Updates". Daily Bankrupt Company Updates | Bankrupt Company News. Retrieved 2021-06-08. On December 8, the Debtors designated MEP Capital Management, LLC and affiliates of GoDigital Media Group, Inc. (winning bid $9.6mn) as the Successful Bidder for their sale of Assets, with GuruNanda, LLC as the back-up bidder ($9.5mn). The Successful Bidder's winning $9.6mn bid was comprised of $7.3mn in cash and an additional $2.3mn in non-cash consideration (the "Successful Bid"). GuruNanda's back-up bid consisted of $7.25mn in cash and $2.25mn of non-cash considerations [Docket No. 200]. [...] On November 10th, the court issued an order approving (i) proposed bidding procedures in respect of the sale of substantially all of the Debtors' assets and (ii) the Debtors' stalking horse arrangement with YogaWorks Investment Fund LLC ("YWIF" or the "Stalking Horse," an affiliate of Serene) further to which the Stalking Horse agreed to pace the sale process with an up to $5.0mn bid [Docket No. 141].

[1] "YogaWorks Gets OK For Plan To Pay Unsecured Creditors". Delaware: Law360. 2021-05-04. Retrieved 2021-05-11. A Delaware bankruptcy judge Tuesday approved a Chapter 11 plan for yoga instruction company YogaWorks that includes $340,000 for unsecured creditors thanks to good results from the company's asset auction in December.

[MBW_Ingham_2021-2] Ingham, Tim (2021-05-19). "GoDigital's Jason Peterson: 'We have a vision for a billion-dollar balance sheet of music rights.'". Music Business Worldwide. Archived from the original on 2021-05-19. Retrieved 2021-06-08.

[Bankruptcy_sale_2020-3] Research, New Generation (2020-12-28). "YogaWorks, Inc., a Delaware C-Corporation – Court Approves $9.6mn ($7.3mn Cash Consideration) Asset Sale to MEP Capital/GoDigital Entity The YW Company - Daily Bankrupt Company Updates". Daily Bankrupt Company Updates | Bankrupt Company News. Retrieved 2021-06-08. On December 8, the Debtors designated MEP Capital Management, LLC and affiliates of GoDigital Media Group, Inc. (winning bid $9.6mn) as the Successful Bidder for their sale of Assets, with GuruNanda, LLC as the back-up bidder ($9.5mn). The Successful Bidder's winning $9.6mn bid was comprised of $7.3mn in cash and an additional $2.3mn in non-cash consideration (the "Successful Bid"). GuruNanda's back-up bid consisted of $7.25mn in cash and $2.25mn of non-cash considerations [Docket No. 200]. [...] On November 10th, the court issued an order approving (i) proposed bidding procedures in respect of the sale of substantially all of the Debtors' assets and (ii) the Debtors' stalking horse arrangement with YogaWorks Investment Fund LLC ("YWIF" or the "Stalking Horse," an affiliate of Serene) further to which the Stalking Horse agreed to pace the sale process with an up to $5.0mn bid [Docket No. 141].

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