The company, which has shaped how millions eat and exercise, is trying to reduce its debt as it expands its telehealth business.

Weight Watchers is one of the most well known weight loss companies in America, but now that it's bankrupt, many want to know who owns it.

WeightWatchers filed for Chapter 11 bankruptcy in an effort to reduce its debt by more than $1 billion. However, CEO Tara Comonte said the weight-loss program has no plans to shut down, and that its 3.