{"id":2101108,"date":"2023-11-16T16:56:01","date_gmt":"2023-11-16T21:56:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/jkn-global-group-company-behind-miss-universe-files-for-bankruptcy-after-inclusion-of-trans-contestants\/"},"modified":"2023-11-16T16:57:46","modified_gmt":"2023-11-16T21:57:46","slug":"jkn-global-group-company-behind-miss-universe-files-for-bankruptcy-after-inclusion-of-trans-contestants","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/jkn-global-group-company-behind-miss-universe-files-for-bankruptcy-after-inclusion-of-trans-contestants\/","title":{"rendered":"JKN Global Group, Company Behind Miss Universe, Files For Bankruptcy After Inclusion Of Trans Contestants"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">30<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fjkn-global-group-company-behind-miss-universe-files-for-bankruptcy-after-inclusion-of-trans-contestants%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2101108&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p><!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\"><br \/>\n<?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><html><body><\/p>\n<div class=\"entry-content\">\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">(Photo by Rodrigo Varela\/Getty Images)<\/figcaption><\/figure>\n<p>OAN\u2019s <a href=\"https:\/\/www.oann.com\/tag\/brooke-mallory\">Brooke Mallory<\/a><br \/>1:48 PM \u2013 Thursday, November 16, 2023<\/p>\n<p>The 2023 Miss Universe pageant, which recently announced that they will be including transgender competitors, is still scheduled for this Saturday, \u2062but only a few\u200b days prior to it, the JKN Global \u200cGroup filed for bankruptcy.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-3\" style=\"min-width: 320px; min-height: 50px; text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-3'); });  \t<\/script>  <\/div>\n<div class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<p>The organization was \u200dpurchased by \u200bThai\u200d media mogul\u2062 Anne Jakrajutatip of\u2063 the JKN Global Group in 2022\u200b for $20 million \u2062after she became a transgender activist. As \u2062a transgender celebrity with widespread recognition in\u2062 her home country, Jakrajutatip referred to the acquisition at the time as \u201ca strong, strategic addition\u200b to our portfolio.\u201d<\/p>\n<p>However, the franchise itself now seems unsteady a year later.<\/p>\n<blockquote class=\"wp-block-quote\">\n<p>A\u200d public document from JKN Global Group submitted to the Stock Exchange of Thailand said: \u201cJKN Global Group Public Company Limited (the \u2063\u2018Company\u2019) \u2062has filed a petition for business rehabilitation with\u2062 the Central Bankruptcy \u200dCourt under the Bankruptcy Act B.E. 2483 (1940) (as amended) (the \u2064\u2018Bankruptcy Act\u2019) on November 8, 2023. 2023, \u2064the Central\u2062 Bankruptcy Court has \u200bsubsequently issued an order to accept the petition for business \u200crehabilitation of \u200bthe Company\u200b on \u200cNovember 9, \u200c2023.\u201d<\/p>\n<\/blockquote>\n<p>In \u200ba follow-up statement, the Miss Universe Organization stated that \u2064in light of \u201cthe current financial situation,\u201d they can \u200c\u201cconfirm that Miss Universe\u2062 2023 \u2064will be held in El Salvador on 18 November 2023, where a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/jkn-global-group-company-behind-miss-universe-files-for-bankruptcy-after-inclusion-of-trans-contestants\/\" title=\"JKN Global Group, Company Behind Miss Universe, Files For Bankruptcy After Inclusion Of Trans Contestants\">top notch experience provided<\/a> to our fans will remain \u200cour top priorities.\u201d<\/p>\n<p>At \u2064least two transgender contestants who are \u2064identifying as \u200bwomen for the first time are expected to compete\u200c in this year\u2019s Miss Universe pageant: \u200dRikkie Koll\u00e9, the first transgender Miss Netherlands winner,\u2063 and Miss Portugal, \u200cMarina Machete,\u200d who works\u2062 as a flight attendant.<\/p>\n<p>This comes after\u200b \u00c1ngela \u2063Ponce of Spain, who was\u2063 the first transgender competitor overall in 2018, \u200bdid not make\u200d it to the finals.<\/p>\n<blockquote class=\"wp-block-quote\">\n<p>\u201cTrans \u2062women are women, \u200bfull stop,\u201d the\u200b Miss Universe Organization told \u200d <em>CNN<\/em> in October, following Miss Portugal\u2019s crowning. \u201cWe are here \u2062to celebrate women, full stop. This has been true for more than a\u2064 decade, and we\u2019re proud \u2063to have made this change very early on, compared to other programs.\u201d<\/p>\n<\/blockquote>\n<p>Stay informed! Receive breaking news blasts directly to\u200c your inbox for free. Subscribe here. <a href=\"https:\/\/www.oann.com\/alerts\">https:\/\/www.oann.com\/alerts<\/a><\/p>\n<\/p>\n<div id=\"rc-widget-10bad2\" data-rc-widget data-widget-host=\"habitat\" data-endpoint=\"\/\/trends.revcontent.com\" data-widget-id=\"278641\"><\/div>\n<p class=\"dpsp-share-text\" style=\"margin-bottom:10px\"> \t\t \t\tShare this post!\t<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Pro-Palestinian protesters descend \u2064on the Democrat National Committee Headquarters \u200bin D.C.. One \u2064America\u2019s \u2062Zach Petersen has \u200cmore.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>  In an exclusive interview, Texas Senator Ted\u2062 Cruz \u2063tells One \u200dAmerica\u2064 News that a \u201cwoke\u201d mainstream media is allowing Democrats to \u2064get away with voting along\u2063 party lines \u2063to oppose the House approved Israel aid package. <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Mayor Adams wants \u200bparents to protect NYC schools as the city has made several <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/nyc-mayor-adams-is-looking-for-new-ways-to-combat-the-migrant-crisis-in-his-city\/\" title=\"NYC Mayor Adams Is Looking For New Ways To Combat The Migrant Crisis In His City\">personnel cuts amid rising costs<\/a> of \u2064the migrant crisis.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>GOP lawmakers \u2062say\u200d the \u200c\u201copen Southern\u2063 Border\u201d is \u2063the biggest threat \u200cto \u200cthe country during\u2062 a committee \u2064hearing. <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Spotify expanded its partnership with\u200d Google Cloud\u2062 to use large language models to help identify a user\u2019s listening patterns across podcasts and audiobooks.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Starlink has secured a contract to offer free internet\u200d in Mexico until the end of \u200b2026.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>U.S. lawmakers asked Apple Inc\u2062 to explain the \u200babrupt end of \u200bpolitical comedian Jon Stewart\u2019s television show on its streaming service.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Elon Musk denied a report that his rocket \u200dcompany SpaceX was discussing \u200ban IPO for its satellite internet business, Starlink.<\/p>\n<\/p><\/div>\n<p> rnrn  <\/p>\n<h2> How has the bankruptcy \u200cfiling of the\u200d JKN Global Group impacted the future of the\u2063 2023 Miss Universe pageant?<\/h2>\n<p><span>  Title: Uncertainty Looms \u2064Over 2023 Miss Universe Pageant Amid JKN Global Group&#8217;s \u200bBankruptcy Filing<\/p>\n<p>Introduction:<\/p>\n<p>The 2023 Miss Universe pageant, \u2064set to\u2062 include transgender\u2062 competitors for\u2064 the first time,\u200c is facing uncertainty as the JKN Global Group files\u2062 for bankruptcy just days before\u2063 the event. The organization, acquired by Thai media mogul Anne Jakrajutatip in 2022, faces an uncertain future after the bankruptcy filing, raising concerns about the future of the franchise.<\/p>\n<p>Bankruptcy of JKN Global Group:<\/p>\n<p>Thai media mogul\u200c Anne Jakrajutatip purchased the Miss\u200c Universe Organization \u2064in 2022 for $20 million, following her transition as a transgender activist.\u200d Jakrajutatip&#8217;s acquisition\u200d was seen as a strategic addition to the JKN Global Group&#8217;s portfolio, given her widespread recognition as a transgender celebrity in her home country. However, just a \u200cyear later, the franchise is facing instability due to the company&#8217;s bankruptcy filing.<\/p>\n<p>Perseverance of the Miss Universe Organization:<\/p>\n<p>In \u2064the aftermath of the bankruptcy filing, the Miss Universe Organization released a \u2064statement acknowledging the current financial situation but reassuring fans that the 2023 Miss Universe pageant will proceed as scheduled in El Salvador on November 18, 2023. The\u200b organization remains committed to delivering a top-notch experience for its supporters\u2062 despite the challenges posed by the JKN Global Group&#8217;s bankruptcy.<\/p>\n<p>Transgender Representation:<\/p>\n<p>Notably, the 2023 pageant\u2064 will showcase the presence of two transgender\u2063 contestants who are identifying as women \u2063for the first time. Rikkie Koll\u00e9, the first transgender Miss Netherlands winner, and Marina Machete, a flight attendant representing \u2062Portugal, will participate in the\u2063 event. Their inclusion follows the historic participation\u200c of \u00c1ngela Ponce\u2064 of Spain, \u200dthe first \u2062transgender competitor\u200c in 2018, who failed\u200c to \u200cmake it to the finals.<\/p>\n<p>Miss Universe\u2064 Organization&#8217;s Stance\u2064 on Transgender Inclusion:<\/p>\n<p>The Miss Universe Organization asserts that transgender women are unequivocally women, emphasizing their commitment to celebrating all women. They have\u200b long embraced the inclusion of transgender competitors, a\u200c progressive stance compared to other similar\u200c programs. This commitment to inclusion and diversity remains a cornerstone of \u2063the\u2064 Miss Universe pageant.<\/p>\n<p>Conclusion:<\/p>\n<p>Amid the JKN\u200c Global Group&#8217;s bankruptcy filing, \u2062the future of\u200d the Miss\u2062 Universe franchise hangs in the \u200dbalance. However, the Miss Universe Organization \u2064has reassured fans that the 2023 pageant will proceed as\u2063 planned, upholding \u2064their commitment to providing \u200can unforgettable \u200dexperience.\u200b With transgender contestants\u2062 set to participate, the\u2062 event continues to champion diversity and inclusion in\u200d the world of beauty pageants.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Photo by Rodrigo Varela\/Getty Images) OAN\u2019s\u00a0Brooke Mallory 1:48 PM \u2013 Thursday, November 16, 2023 The 2023 Miss Universe pageant, which recently announced that they will be including transgender competitors, is still scheduled for this Saturday, but only a few days prior to it, the JKN Global Group filed for bankruptcy. Advertisement The organization was purchased<\/p>\n","protected":false},"author":1866,"featured_media":2101109,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[],"class_list":["post-2101108","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2101108","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1866"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2101108"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2101108\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2101109"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2101108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2101108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2101108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}