http://www.marinerfunds.com.au/Documents/Corp%20Fin/Selectv/SelectvProspectus.pdf<br /><br />It's a good read. They will charge $24.95 for 1 Greek channel plus English channels.

Thanks will do abit of a read on it now

Quote from it<br /><br />(d) TARBS/UBI<br />Before it went into receivership in July 2004, Television & Radio Broadcasting Services or TARBS provided<br />subscription TV and radio services to multicultural audiences and households in Australia. The company<br />was founded in 1995 by Mike and Regina Boulos and delivered its services via the PanAmSat 8 satellite<br />and was estimated in 2004, to have approximately 57,000 subscribers.<br />Prior its demise in 2004, the company incurred an unpaid debt of US$30 million to PanAmSat, which<br />effectively placed TARBS under receivership. The Asian subsidiary of PanAmSat has bought the assets,<br />which include the subscriber list, intellectual property and equipment. PanAmSat is still owed US$30 million.<br />We understand that TARBS’ failure was largely due to its decision to invest heavily in infrastructure,<br />technology and content, including significant costs relating to the build-out of teleports in Greece and<br />Australia; an oversized and overstaffed call centre; and non-core foreign-language channels that did not<br />appeal to its major ethnic target groups. It also lacked English-language programming in its channel line-up<br />and only added an English language channel package in 2003, a year before its demise.<br />In August 2005, the parties behind TARBS moved to launch a new multicultural-focused subscription TV<br />platform called United Broadcasting International (UBI). The parties secured transponder space on the<br />Optus B3 satellite with a monthly term contract, as opposed to long term annual agreements which typically<br />run to 9-10 years for established pay TV providers.<br />UBI’s service – UBI World TV – claims to be the largest provider of non-English language digital TV<br />channels to Australia’s diverse population. The company retails 2 packages to customers at A$49.95/month<br />and A$59.95/month, offering more than 45 TV channels.

Everything seems to be " a-la-carte " packages stuff that for a joke

picking up alot of things in this LOL <br /><br />" As of December 7, 2005, the company had also signed up 8 international brand name foreign-language<br />channels targeting Greek, Spanish, Italian, German and Vietnamese communities including 4 Spanishlanguage<br />channels, 1 Greek channel, 1 Italian channel, 1 German Channel and 1 Vietnamese channel."<br /><br /><br />" SELECTV’s foreign-language program packages are also more competitive, in terms of price, relative to<br />UBI, which retails basic tier foreign-language programs to consumers at A$49.95 per month and premium<br />tier foreign-language programs at A$59.95 per month. "

" UBI, which is focused on multicultural homes, does not offer any English-language TV channels to its<br />customers. Its predecessor TARBS began offering English-language program packages only in 2003, one<br />year before its demise. "<br /><br />They seem to Love UBI/TARBS they keep mentioning it<br /><br /><br />" English-language speaking subscribers to multicultural TV on UBI are underserved by UBI because of its<br />lack of English-language programming content. Furthermore, a certain portion of English-language<br />speaking multicultural audiences may find the English-language pay TV channels offered by Foxtel, Austar<br />and Optus prohibitive due to pricing and packaging issues. "

UBI, founded by the parties behind TARBS, currently serves a portion of the multicultural audience,<br />including Greek and Spanish communities (both core constituents of SELECTV’s target group) but<br />generally offers programming to customers at a significantly higher price than SELECTV. UBI does not<br />cater to Italian, Vietnamese, English-language and *** audiences, each representing core constituents of<br />SELECTV’s target group.

hhhmmmm 9 year contract with panamsat sure is alooooooooonnnnnnnngggggggg time to sign with the Rat<br /><br />" Satellite transmission: A low cost agreement with a globally trusted provider to secure nationwide<br />reach<br />SELECTV has signed a broadcasting agreement with PanAmSat Corp., which includes a 9-year agreement<br />for 3 Ku-band transponders on PAS-8 with additional capacity on PAS-8 available to SELECTV for future<br />use"

OHhhhhhh noooooo!!!! not the dreaded UEC's<br /><br />" SELECTV has signed a 3-year commercial agreement with set-top box supplier UEC Technologies and a<br />15-year agreement with conditional access (CA) system supplier Irdeto Access. The cost of set top boxes<br />has declined significantly in recent years and STB wholesale acquisition prices for SELECTV are<br />approximately US$58 – US$65 per STB, including CA smart card technology versus historical prices of<br />US$80 – US$100 (2002 – 2004) and US$100 – US$ 150 (2000 – 2002)."

big time joke there packages<br /><br />Summary of product offerings<br />Package Package Type Expected No. of<br />Channels at launch(i)<br />Expected Pricing<br />per month(i)<br />English (iv) Base 18 $29.95<br />Spanish (v) Base 5 $44.95<br />Italian (v) Base 1 $29.95<br />Vietnamese (v) Base 1 $29.95<br />Greek (v) Base 1 $24.95<br />German (v) Base 1 $19.95<br />*** Add-on (ii) 2 (iii)<br />Documentary/ Lifestyle Add-on (ii) 3 (iii)<br />Family Add-on(ii) 1 (iii)<br />International movies Add-on(ii) 1 (iii)<br />Adult Add-on(ii) 1 (iii)<br />Music Add-on(ii) 20 audio (iii)<br />(i) Both the number of channels and pricing is subject to change prior to launch.<br />(ii) Add-on packages will only be available with the purchase of one of the base packages.<br />(iii) The pricing of the add-on packages is to be finalised but expected to be in the range of $3.95 to $19.95 per<br />month.<br />(iv) Premium movies, news, sport, children, music, documentaries and lifestyle channels (see Section 4.2.2).<br />(v) Foreign language packages are expected to be supplemented by a sports and news channel offering.

This is another LIE there is no Greek Left<br /><br />" SELECTV intends to expand the channel offerings under the Greek, Italian, Spanish and German packages<br />and is in the process of negotiating content contracts to increase the number of channels in each of the<br />respective packages."

They cant even get the rite Decription for Ant1 <img border="0" title="" alt="[Roll Eyes]" src="images/icons/default/rolleyes.gif" /> <br /><br />Antenna<br />Pacific<br />Broadcasts<br />Limited, a<br />company<br />incorporated in<br />the United<br />Kingdom; and<br />Overlook<br />Management<br />BV, a company<br />incorporated in<br />the<br />Netherlands

Big Salary for a company who has no capital yet??<br /><br />Jim Blomfield will receive a base salary component of $331,210 per annum plus superannuation of $12,140<br />per annum,