The Podcast Exchange Inc.
- Proceeding
- NOIBankruptcy and Insolvency Act, R.S.C. 1985 c. B-3
- File
- BK-25-03244564-0031
The Podcast Exchange Inc. filed a notice of intention to make a proposal under section 50.4 of the Bankruptcy and Insolvency Act on July 7, 2025, and the proceeding remains active. Three orders have been made in the proceeding since that filing, dated August 6, 2025, September 17, 2025 and October 31, 2025, the last of these being the most recent entry on the record. The record lists no secured creditors of the company.
A claims procedure has been established — see the order for deadlines.
The court granted an approval and vesting order for the sale to The Podcast Company Inc.
Source: Approval and Vesting Order of the Honourable Justice Myers dated October 31, 2025
Third Extension Order of the Honourable Justice Myers dated October 31, 2025 was filed.
Source: Third Extension Order of the Honourable Justice Myers dated October 31, 2025
Supplementary Motion Record of TPX returnable August 6, 2025 was filed. Court file BK-25-03244564-0031.
Source: Supplementary Motion Record of TPX returnable August 6, 2025
Supplement to the First Report of the Proposal Trustee dated August 5, 2025 — Court officer report
Undated filings1 — no date appears on the document · show
Debtor
The Podcast Exchange Inc.
Proposal trustee
TDB Restructuring
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Myers | Ontario Superior Court of Justice | 3 orders, Oct 2025 | 117 cases on record |
| Justice Kimmel | Ontario Superior Court of Justice | 3 orders, Jul 2025 – Sep 2025 | 198 cases on record |
| Justice Dietrich | Ontario Superior Court of Justice | 2 orders, Aug 2025 | 132 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Proposal trusteeTDB Restructuring | Gowling WLG (Canada) LLP | 6 Aug 2025 | Endorsement · 6 Aug 2025 |
| DebtorThe Podcast Exchange Inc. | Tyr Law LLP | 6 Aug 2025 | Order · 6 Aug 2025 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Spreaker - iHeartMediadebtor: The Podcast Exchange Inc. · as of 1 Dec 2025 | $197K | Notice of Bankruptcy and First Meeting of Creditors |
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured |
25 more claims in 1 class The stack holds Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plans2 transactions · 1 proposed · 1 approved — sale process resulted in a transaction with Somo Ads Inc.Third Report of the Proposal Trustee dated October 29, 2025 · 29 Oct 2025
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Somo Ads Inc.substantially all of the Company's assets · asset sale · agreement 28 Oct 2025 | not stated | Proposed | Third Report of the Proposal Trustee dated… |
| The Podcast Company Inc.the assets described in the Sale Agreement (the "Purchased Assets") · asset sale · agreement 28 Oct 2025 | not stated | Approved31 Oct 2025 | Approval and Vesting Order of the Honourable… |
1 engagement · 1 firm — Gowling WLG (Canada) LLP, the PeriodThird Report of the Proposal Trustee · 29 Oct 2025
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| Gowling WLG (Canada) LLPCounsel to the trustee | the Period | — | — | 2 people | Third Report of the Proposal Trustee · 29 Oct 2025 |
5 blurred figures above
What the firm billed, and each person’s hours and rate — each as the filing states it, with its source.
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See all plansAs at ·
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
| Certificate of Assignment - The Podcast Exchange Inc. | PDF · Subscribers | |
Notice of Bankruptcy and First Meeting of Creditors
| PDF · Subscribers | |
Approval and Vesting Order of the Honourable Justice Myers dated October 31, 2025
| PDF · Subscribers | |
Endorsement of the Honourable Justice Myers dated October 31, 2025
| PDF · Subscribers | |
Third Extension Order of the Honourable Justice Myers dated October 31, 2025
| PDF · Subscribers | |
Third Report of the Proposal Trustee dated October 29, 2025
| PDF · Subscribers | |
| Motion Record of TPX returnable October 31, 2025 | PDF · Subscribers | |
Endorsement of the Honourable Justice Kimmel dated September 17, 2025
| PDF · Subscribers | |
Stay Extension Order dated September 17, 2025
| PDF · Subscribers | |
| Second Report of the Proposal Trustee dated September 15, 2025 | PDF · Subscribers | |
| Motion Record of TPX returnable September 17, 2025 | PDF · Subscribers | |
Endorsement of the Honourable Justice Dietrich dated August 6, 2025
| PDF · Subscribers | |
Stay Extension and KERP Order dated August 6, 2025
| PDF · Subscribers | |
Supplement to the First Report of the Proposal Trustee dated August 5, 2025
| PDF · Subscribers | |
Supplementary Motion Record of TPX returnable August 6, 2025
| PDF · Subscribers | |
Endorsement of the Honourable Justice Kimmel dated July 31, 2025
| PDF · Subscribers | |
First Report of the Proposal Trustee dated July 29, 2025
| PDF · Subscribers | |
Motion Record of TPX returnable July 31, 2025
| PDF · Subscribers | |
| Notice of Intention to Make a Proposal | PDF · Subscribers | |
TPX Teaser
| PDF · Subscribers | |
| Proof of Claim Form | PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “The Podcast Exchange Inc.” (NOI), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/the-podcast-exchange-inc