But that's exactly what Transit TV is doing - instead of filing for Chapter 11 "restructuring," they've opted for Chapter 7 "you can take our stuff, but we don't owe you nothin'." It's a shame, considering their potential scope:
Transit TV is North America's biggest transit-based digital
advertising network operator. The company has installed and operates
digital ad technology on the transit systems in Los Angeles, Chicago,
Atlanta, Milwaukee, and Orlando, Fla.
Transit TV provides
advertising on 8,500 television screens and is seen by more than 500
million riders a year on nearly 4,000 vehicles.
But then, digital signage in moving vehicles has had a VERY rocky start everywhere it's been tried, from the dozen or so companies that have cut their teeth trying in-ride kiosks and screens in Las Vegas taxi cabs, to the much maligned NY10 taxi network in New York City.