USDTV redux: Can low-cost subscription TV survive?
November 28th, 2006USDTV, a low-cost subscription TV service delivered over the broadcast airwaves, has survived bankruptcy. New owner NexGen Telecom reportedly paid $1 million for the company’s assets—a mere pittance, really, when you consider the billions spent by AT&T and Verizon to roll out their U-Verse and FiOS video services.
The viability of USDTV’s business model—providing just a few cable channels plus local broadcasts for $19.95 a month—remains an open question.
Earlier:
• Investor may rescue USDTV
• USDTV woes: Bad sign for digital broadcasting?
• A multicast mirage (or, why America is not Britain)
• Link: Multichannel News
Chad Hadley says:
February 4th, 2007 at 5:10 pm
I for one would love to see this survive and come to my area.With a bigger family money for cable tv is hard to come by and sometimes not a necessity.The usdtv service would be perfect.
David Lauderdale says:
February 23rd, 2007 at 11:20 pm
Well, as a former employee I could let you know how I feel….but I will not.
Steven Sande says:
February 25th, 2007 at 8:35 pm
David, I can only imagine how difficult it is for employees when a company is going through bankruptcy. I hope things turned out OK for you.