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UBI has closed the doors as of this afternoon Sydney time, Wednesday 23rd May 2012 #97157
Wed 23 May 2012 01:04:PM
Wed 23 May 2012 01:04:PM
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UBI has closed the doors as of this afternoon Sydney time, Wednesday 23rd May 2012.

Transmission is continuing at this stage.


David Cottle

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Re: UBI has closed the doors as of this afternoon Sydney time, Wednesday 23rd May 2012 [Re: Webmaster] #97373
Thu 24 May 2012 06:49:AM
Thu 24 May 2012 06:49:AM
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Wowww this is a suprise what has happened this time round?? cannot believe they are shutting down how did this happen....


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Lazer
Re: UBI has closed the doors as of this afternoon Sydney time, Wednesday 23rd May 2012 [Re: LAZER] #97418
Thu 24 May 2012 03:01:PM
Thu 24 May 2012 03:01:PM
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They went into voluntary receivership a week earlier. The administrator then after examining over that time on Wednesday afternoon made his decision to close UBI.

All the staff except one are now put off and the doors are closed. The transmission continues for now as there 'may' be a buyer. But if no one buys, it will be shutdown.




David Cottle

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Re: UBI has closed the doors as of this afternoon Sydney time, Wednesday 23rd May 2012 [Re: Webmaster] #97976
Tue 29 May 2012 10:48:AM
Tue 29 May 2012 10:48:AM
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Ouch! Sympathies out to the families affected by the closure frown

I know many people (Greek-Australian community) were entirely antithetical to the changes made in the Greek line-up, by severing it from the rest of the line up. I don't know how many or, if any, left. What I'm trying to say is, was it a purely lack of cash flow problem, or was it a deeper, structural flaw?

Thanks, Webmaster, as always, for the heads up. Are we allowed to know who the potential buyer is at this stage? Have there been any development since your last post?

Re: UBI has closed the doors as of this afternoon Sydney time, Wednesday 23rd May 2012 [Re: Webmaster] #98256
Wed 30 May 2012 08:53:PM
Wed 30 May 2012 08:53:PM
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One issue was too much piracy, that really hurt the cash flow.

Have not heard much about a buyer. No doubt it will get shutdown if nothing is in the wind, the transponder costs are very high along with the fibre costs for incoming programs.


David Cottle

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Re: UBI has closed the doors as of this afternoon Sydney time, Wednesday 23rd May 2012 [Re: Webmaster] #100391
Tue 12 Jun 2012 12:26:AM
Tue 12 Jun 2012 12:26:AM
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Hi,

So it looks like it's finally over.

I don't understand why ERT is scrambled as it's FTA, as is 4E. Had ubi bought exclusivity rights???

I have a homecast stb, is there another sat that is transmitting at least ERT? I read on another forum that 'mysat' may have ERT on there, can anyone confirm.

Just as a heads up, for about a year now, I've been subscribing to www.greekiptv.com and been receiving via live stream a number of greek channels, via our htpc. Only problem is Australia's Internet. And with Greek elections on the weekend, last thing we need are incessant bufferings!

Re: UBI has closed the doors as of this afternoon Sydney time, Wednesday 23rd May 2012 [Re: Webmaster] #100510
Tue 12 Jun 2012 03:11:PM
Tue 12 Jun 2012 03:11:PM
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All transmissions have ceased and the facility is now dark. That's the end of UBI now.


David Cottle

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Re: UBI has closed the doors as of this afternoon Sydney time, Wednesday 23rd May 2012 [Re: Webmaster] #100850
Thu 14 Jun 2012 06:39:AM
Thu 14 Jun 2012 06:39:AM
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ERT World the greek channel on UBI frequency 12608 H is still being broadcast what will happen to this channel?


Thanks
Lazer
Re: UBI has closed the doors as of this afternoon Sydney time, Wednesday 23rd May 2012 [Re: Webmaster] #102294
Fri 22 Jun 2012 03:56:PM
Fri 22 Jun 2012 03:56:PM
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Its official. The Administrators have decided to liquidate UBI. All the assets are to be sold.


David Cottle

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