Tuesday, April 16, 2013

BREAKING. Struggling TopTV drops two more TV channels from its bouquet; Top Junior and Top Movies+24 cut from Wednesday.


The struggling TopTV, currently in business rescue and trying to avoid bankruptcy, is dropping two more channels - Top Junior and the timeshifted Top Movies +24 - from midnight on Wednesday 17 April.

On Digital Media (ODM) which runs the TopTV satellite pay-TV service which will turn three in May, is awaiting word from South Africa's broadcasting regulator, the Independent Communications Authority of South Africa (Icasa) on whether it will be granted a license to start a new separate porn bouquet of three sex channels.

ODM is in negotiations with China's StarTimes media group which is also operating a pay-TV business in Nigeria and several other African countries, to bail out the struggling pay-TV operator with a cash injection, and for StarTimes to become an equity partner in TopTV.

ODM says Top Junior and Top Movies +24 is being "discontinued with immediate effect" due to operational reasons". ODM says it "regrets the timing of this change" to its channel make-up.

ODM says it has to prepare for a "proposed new channel structure" which indicate more major channel line-up changes should TopTV be able to continue operating.

TopTV has now dropped several TV channels since it started its commercial operations in May 2010, and has constantly been looking to find replacement channels but not always for all of the lost channels. Of the three Turner channels TopTV lost in November it only added Fashion One as one replacement. Meanwhile TopTV subscribers are not finding a reduction in their monthly subscriber fees although their overall amount of TV content is diminishing.

"As TopTV continues to operate under the business rescue plan, announced in October 2012, it has become necessary to review the pay-TV operator's current channel line-up and make certain adjustments in the interim period," says ODM.

"TopTV is currently in negotiations with a prospective investor and more details regarding this issue will be made public in the coming weeks. These talks are at an advanced stage and should they reach finality, a much-needed cash injection will be made into the operation that could result in a restructure of the business and the channels that are currently on offer."

TopTV says it "awaits confirmation of new developments for an exciting new future for the pay-TV operator".