Callaway Arts & Entertainment Files for Chapter 11 Bankruptcy Owing Hachette $1.7M and Bob Dylan $450K

Callaway Arts & Entertainment, the prestigious independent publisher of high-end illustrated books, filed for Chapter 11 bankruptcy protection on March 23, 2026, in the Southern District of New York. Founded by Nicholas Callaway in 1980, the company is renowned for landmark visual titles including The Beatles: Get Back and the $25,000 Sistine Chapel trilogy. Court filings reveal the publisher owes approximately $4.15 million to its top 20 unsecured creditors. Its largest creditor is distributor Hachette Book Group, owed nearly $1.7 million, while musician Bob Dylan is owed $450,000 related to Bob Dylan: Mixing Up the Medicine. The filing cites 'inflationary cost pressures' in manufacturing, freight, and distribution. The company plans to reorganise under Chapter 11, with a reorganisation plan due by July 2026.