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Sit-Up TV in Administration

Bid and Price Drop are off air (April 2014)

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SF
Shane Forster
If the TV channel is closed indefinitely, why haven't they said so?
DA
David
If the TV channel is closed indefinitely, why haven't they said so?


Why haven't who said so?
WP
WillPS
They (or rather their administrators) have. Having witnessed a workforce being made aware their company is in adminstation and they are to cease trading, it all happens rather quickly - it's not unheard of for the Administrator to use a fire alarm to do such things, this could be what they do if one sounds.


More likely, they were simply told to close up and go home, and they did. Why would they hang about to create the necessary slides/web pages?
MD
mdtauk
I would imagine there is a team now exploring how to best use the assets to wind down the company as painlessly as possible.

Excess stock may be sold on air in some fashion. The studio space and playout facilities could be rented to others perhaps.

Either way, there is discussions ongoing. http://www.a516digital.com/2014/04/q-bid-and-price-drop-cease-broadcasting.html?spref=tw

Quote:

Q: Any chance of the channels making a comeback?
A: Although companies can rise from the ashes after being placed into administration, the events leading up to the closure of bid and price drop mean that it's very unlikely that the channels will return.

Q: What happens with the Freeview slots?
A: Both slots are held on Arqiva-owned multiplexes. The bandwidth used to broadcast bid and price drop will be made available to other commercial channels. It's too early to say what will happen. As Freeview has much limited capacity compared to other digital TV platforms, the vacated bandwidth will be quite valuable.
As it's Easter no changes are expected for the next few days.

Q: What happens with their Sky channel numbers?
A: On Sky, broadcasters can trade channel numbers on Sky's Electronic Programme Guide. KPMG may try and sell the channel numbers to another channel in the shopping genre as it seeks to recover what it can from the business.
As it's Easter no changes are expected for the next few days.

Q: What happens on other digital TV platforms?
The situation on other digital TV platforms is less complex, with no channel number trading or capacity limitations. The channel numbers used by bid and price drop will likely be reused by other channels in the future.
:-(
A former member
The stock will be sold on pretty fast then? it could end up with B&M or Home Bargain?
WO
Worzel
I'm hoping a friend of mine may have at least one of the channel's going to the temporary fault caption, catching what the presenter said. As soon as I have a clip, i'll pop it on youtube and post a link.
WP
WillPS
What's your source for that, Martin?

In any case, they wont have much stock to sell - they've been moving towards a direct despatch model recently. I'd be interested to know what they still have.
WP
WillPS
The stock will be sold on pretty fast then? it could end up with B&M or Home Bargain?

Of what little they have, I imagine that is a pretty likely outcome.

Will be interesting to see how the land grab for relatively good Freeview slots will go. Will everyone want to move up? What's the system for these; will Arqiva's customers get first dibs or is it a free for all?

An asset not yet discussed is the brand names and domains. I wonder if they're worth anything to somebody?
VM
VMPhil
I would imagine there is a team now exploring how to best use the assets to wind down the company as painlessly as possible.

Excess stock may be sold on air in some fashion. The studio space and playout facilities could be rented to others perhaps.

Either way, there is discussions ongoing. http://www.a516digital.com/2014/04/q-bid-and-price-drop-cease-broadcasting.html?spref=tw

Quote:

Q: Any chance of the channels making a comeback?
A: Although companies can rise from the ashes after being placed into administration, the events leading up to the closure of bid and price drop mean that it's very unlikely that the channels will return.

Q: What happens with the Freeview slots?
A: Both slots are held on Arqiva-owned multiplexes. The bandwidth used to broadcast bid and price drop will be made available to other commercial channels. It's too early to say what will happen. As Freeview has much limited capacity compared to other digital TV platforms, the vacated bandwidth will be quite valuable.
As it's Easter no changes are expected for the next few days.

Q: What happens with their Sky channel numbers?
A: On Sky, broadcasters can trade channel numbers on Sky's Electronic Programme Guide. KPMG may try and sell the channel numbers to another channel in the shopping genre as it seeks to recover what it can from the business.
As it's Easter no changes are expected for the next few days.

Q: What happens on other digital TV platforms?
The situation on other digital TV platforms is less complex, with no channel number trading or capacity limitations. The channel numbers used by bid and price drop will likely be reused by other channels in the future.

That's not an official FAQ, however it is a great unofficial one as a516digital has always been a reputable source.
SF
Shane Forster
They (or rather their administrators) have. Having witnessed a workforce being made aware their company is in adminstation and they are to cease trading, it all happens rather quickly - it's not unheard of for the Administrator to use a fire alarm to do such things, this could be what they do if one sounds.


More likely, they were simply told to close up and go home, and they did. Why would they hang about to create the necessary slides/web pages?


Usually, the producers are obliged to create slides to alert viewers of the channel's closure. They simply cannot "shut up shop".
JB
JasonB
I'm getting a blank screen on bid via Window's Media Centre, has the music and caption disappeared from freeview?
VM
VMPhil
I'm getting a blank screen on bid via Window's Media Centre, has the music and caption disappeared from freeview?

Still getting the "We're sorry for the break in service" message here from Winter Hill.

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