Investor may rescue USDTV
August 21st, 2006USDTV’s budget-priced pay-TV service may get a new lease on life, according to Broadcasting & Cable:
USDTV’s management and original “angel” investor NextGen Telecom are laying plans to buy the company’s assets out of bankruptcy and resume their plan to offer a cheap package of cable-TV networks over the air, using spectrum from TV stations.
Does this business have a future? Count me as a skeptic. Still, I would like to see USDTV get a fair chance.
Earlier:
USDTV woes: Bad sign for digital broadcasting?
• Link: Broadcasting & Cable