There’s a sense in media circles that lawsuits and lingering questions about complicity are going to haunt the company for years. “This is only going to get worse,” a studio chief told CNN Thursday.

Deadline, a news site that’s a must-read in the entertainment business, described the company as “near the brink,” with financiers and agents looking for “outs.” The site quoted a high-level media executive likening it to “a run on the bank.”

Despite the stain on the company’s reputation and the board’s potential legal exposure, the company has valuable assets, including shows like “Project Runway” and forthcoming movies like “The Current War,” which is set to come out this fall.