“Setanta Sports hours away from closing”
The Irish Setanta Sports broadcaster’s bosses are meeting in London this evening where it is expected that they will be told their company is in administration
Setanta Sports bosses are meeting in London this evening where it is expected that they will be told their company is in administration.
STV understands the Irish broadcaster’s screens will go blank from midnight tonight while the company will officially be placed in administration by morning. It comes a week after the company failed to honour its �3 million SPL TV deal.
Attempts to subscribe to the channels today, online or by phone, were unsuccessful with a message stating that the service is temporarily unavailable, ringing alarm bells for the companies� future.
http://sport.stv.tv/football/101487-setanta-hours-away-from-coming-off-air-stv-understands/
About Setanta Sports UK
Setanta Sports UK was a prominent sports television network that made a significant impact on the broadcasting landscape in the United Kingdom. Established in 1990, the network initially focused on catering to Irish expatriates by broadcasting Gaelic games. However, Setanta soon expanded its offerings to include a broad range of sports, including football, rugby, golf, and boxing, which attracted a wider audience.
The network became particularly well-known for its football coverage, securing valuable broadcasting rights for the English Premier League, Scottish Premier League, UEFA Champions League, and other major football competitions. Setanta offered live coverage of matches that were not available on free-to-air television or other sports channels, making it a go-to destination for passionate football fans.
Despite its popularity, Setanta Sports UK is facing financial difficulties due to the high costs associated with acquiring broadcasting rights. The company overextended itself by bidding aggressively for sports content, which led to unsustainable debt.
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