TARBS World TV

TARBS World TV
Private
Industry Satellite television
Founded 1995
Defunct 2004
Headquarters Pyrmont, Australia
Area served
 Australia
Products Direct broadcast satellite, pay television, pay-per-view
Owner Television And Radio Services Pty Ltd
Website www.tarbs.com

Television And Radio Broadcasting System more commonly known as TARBS World TV was an Australian Subscription Television Service, broadcasting predominantly ethnic (and mainly non-English) stations into Australia. TARBS commenced operations in 1995 and had around 57,000 subscribers until July 2004 when the company went into receivership.

TARBS in Receivership

In July 2004, PanAmSat a major creditor of TARBS applied to have the organisation placed into receivership due to a failure to pay their satellite transponder lease payments.

This action was while PanAmSat was briefly controlled by News Corporation, which was a major investor in TARBS' main competitor Foxtel.

PanAmSat purchased a large number of the assets including the customers Set Top Boxes from the receiver (PriceWaterhouseCoopers) in 2005 and authorised a competing subscription television provider to access and use the boxes already installed in ex-customers homes.

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References


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