Bangkok – Thailand’s only independent TV station iTV has halted broadcasting ‘temporarily’ until any light is shed on its future. Equally in the dark appear to be the Thai Cabinet, deciding to pull the plug after having failed to reach a decision on the channel’s future. The core of iTV’s problems lie in debts of US$3.85million, incurred via fines, fees and interest. … [Read more...] about All goes dark at Thailand’s iTV
ITV
Court ruling could bankrupt Thailand’s iTV
Bangkok - Ordered to pay 94 billion baht (US$2.67 billion) within 45 days of the Supreme Court ruling, Thailand’s only privately-owned station iTVcould face bankruptcy. Its appeal was lost against the May 2006 ruling revoking the company’s rights to reduced concession fees and its replacement of news and educational programming with entertainment breaching the requirements of iTV’s original broadcasting licence. The concession fees had been waived under former Prime Minister … [Read more...] about Court ruling could bankrupt Thailand’s iTV
