Headphone Maker with Ties to Drake, T.I. Files Bankruptcy (1)

Sept. 28, 2023, 5:02 PM UTC

Headphone maker Muzik Inc. filed for Chapter 11 in California, listing a slew of potential high-profile equity holders that include musicians Drake and T.I. and NBA players Chris Paul and Bradley Beal.

The Los Angeles-based company also named, in court papers filed Wednesday, potential equity holders including musician Travis Barker, NFL player Brandon McManus, MLB player Matt Kemp, mixed martial artist Brian Stann, and a trust associated with Lionel Richie.

Muzik listed assets and debts between $10 million and $50 million.

The wireless headphone developer’s unsecured claims include an estimated $2.2 million employee severance lawsuit and a roughly $800,000 Paycheck ...

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