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TARBS World TV

From Wikipedia, the free encyclopedia

TARBS World TV
Company typePrivate
IndustrySatellite television
Founded1995
Defunct7 July 2004
Headquarters
Pyrmont
,
Australia
Area served
Australia
ProductsDirect broadcast satellite, pay television, pay-per-view
OwnerTelevision And Radio Services Pty Ltd
Websitewww.tarbs.com

Television And Radio Broadcasting System more commonly known as TARBS World TV was an Australian subscription Television Service, broadcasting predominantly ethnic (and mainly non-English) stations into Australia. TARBS commenced operations in 1995 and had around 57,000 subscribers until July 2004 when the company went into receivership.

TARBS in receivership

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In July 2004, PanAmSat a major creditor of TARBS applied to have the organisation placed into receivership due to a failure to pay their satellite transponder lease payments.

This action was while PanAmSat was briefly controlled by News Corporation, which was a major investor in TARBS' main competitor Foxtel.

PanAmSat purchased a large number of the assets including the customers Set Top Boxes from the receiver (PriceWaterhouseCoopers) in 2005 and authorised a competing subscription television provider to access and use the boxes already installed in ex-customers homes.

See also

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References

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