Eurocardsharing

Go Back   Eurocardsharing > General Discussions > General Satellite News > Latest Satellite News

Latest Satellite News Discussion, Info Sky saves Setanta Ireland for a week at General Satellite News forum; Sky saves Setanta Ireland for a week Wednesday, July 1 2009, 12:52 BST By Andrew Laughlin Sky has decided to ...

Reply
 
LinkBack Thread Tools Display Modes
Info Sky saves Setanta Ireland for a week
Old
  (#1)
Bacteria
Administrator
 
Bacteria's Avatar
 
Offline
Posts: 96,015

Level: 124 [♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥]
Life: 4638 / 4638
Magic: 32005 / 100959
Experience: 68%

Thanks: 1,107
Thanked 5,578 Times in 1,419 Posts
Join Date: Oct 2006
Age: 36
Info Sky saves Setanta Ireland for a week - 02-July-2009, 02:10

Sky saves Setanta Ireland for a week

Wednesday, July 1 2009, 12:52 BST

By Andrew Laughlin



Sky has decided to continue carrying Setanta Ireland for one week while negotiations go ahead to save the sports broadcaster in the country.
According to the Irish Times, the satellite platform holder has extended the carriage deal so that the company's founders can talk to concert promoter Denis Desmond and other parties about rescuing the operation.

After Setanta's existing carriage agreement with Sky came to a close yesterday, negotiations have been underway to put together a short-term broadcasting deal in Ireland.
Setanta is believed to owe Sky around 4.7 million in unpaid carriage charges, which mostly derives from its UK operation after it went into administration last week.

It is understood that the satellite company has decided not to hold Setanta Ireland to the total arrears owed to it by parent firm Setanta Sport Holdings, which is currently in the hands of administrators Deloitte.

Instead, the satcaster has agreed to a staggered payment structure to cover the arrears specifically relating to carriage in Ireland so that Setanta can continue to operate in the country.

Setanta founders Leonard Ryan and Michael O'Rourke are now locked in negotiations to save the business with Desmond and former Setanta executive Mark O'Meara.

The discussions reportedly include talks with Irish venture capital groups, as well as US cable TV parent group Liberty Global.


Regards,

www.eurocardsharing.com
   
Reply With Quote
Reply

Bookmarks


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Forum Jump



ECS on RSS ECS on Twitter ECS on Facebook ECS on Youtube
Follow us on:

Powered by vBulletin
Copyright 2002 - 2010, Jelsoft Enterprises Ltd.
SEO by vBSEO ©2011, Crawlability, Inc.
Dreambox