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Cape Town – Fox assured South African TV viewers on Tuesday that it has no plans to yank any of its Fox-supplied TV channels from the struggling TopTV's line-up.
Fox will not follow in the footsteps of Discovery Networks International (DNI), Turner Broadcasting System (TBS) and other channel distributors who without notice pulled their TV channels from TopTV's bouquet.
Discovery pulled its channels from TopTV at the beginning of the month, giving rise to fears that Fox will be next. Discovery eventually restored its channels to TopTV but with no explanation to TopTV subscribers.
Fox says none of its five TV channels on TopTV will disappear despite Fox being owed millions by On Digital Media (ODM) which runs the beleaguered satellite pay-TV platform and that Fox is committed to stay with TopTV during the satellite pay-TV operator's financial bail-out and restructuring.
'Negotiations with the new shareholders'
Fox International Channels (FIC) has been running FOX (TopTV 180), FX (TopTV 110), Fox Retro (TopTV 181), FuelTV (TopTV 255) and BabyTV (TopTV 257) on TopTV since the satellite pay-TV platform commercially launched in May 2010.
The FOX channel also joined the line-up of TopTV's competitor, Multichoice's DStv in April this year.
Turner Broadcasting System (TBS) and Manchester United Television also pulled four channels in total at the end of 2012 from TopTV but FIC says its sticking with TopTV despite Fox International being owed R43.8m. TopTV debt to Fox amounts to 3% overall of TopTV's debt to creditors.
"FIC has committed to stay through the business rescue process that TopTV is currently undergoing," says FIC Africa.
"We subsequently have no plans to remove channels whilst this process is underway. We are presently in negotiations with the new shareholders to jointly plot our future with the platform. At present we have not defined the terms of any agreement but we are confident that a way forward will be found between both parties," says FIC Africa.
Committed to having TV channels in Africa
FIC says it is committed to having its TV channels in Africa and is determined to remain here for viewers and to grow.
"As a company we are committed to Africa and are determined to support the growth of pay-TV on the continent. Our Johannesburg office is rapidly expanding to ensure that we can service all emerging and established platforms in Africa."
"We are exceptionally proud of being the only international pay-TV channel supplier who is delivering high quality channels to all African affiliates. Full distribution of our channels to the African market is key and with this in mind we are delivering content specifically relevant to an African audience," says FIC Africa.
Fox will not follow in the footsteps of Discovery Networks International (DNI), Turner Broadcasting System (TBS) and other channel distributors who without notice pulled their TV channels from TopTV's bouquet.
Discovery pulled its channels from TopTV at the beginning of the month, giving rise to fears that Fox will be next. Discovery eventually restored its channels to TopTV but with no explanation to TopTV subscribers.
Fox says none of its five TV channels on TopTV will disappear despite Fox being owed millions by On Digital Media (ODM) which runs the beleaguered satellite pay-TV platform and that Fox is committed to stay with TopTV during the satellite pay-TV operator's financial bail-out and restructuring.
'Negotiations with the new shareholders'
Fox International Channels (FIC) has been running FOX (TopTV 180), FX (TopTV 110), Fox Retro (TopTV 181), FuelTV (TopTV 255) and BabyTV (TopTV 257) on TopTV since the satellite pay-TV platform commercially launched in May 2010.
The FOX channel also joined the line-up of TopTV's competitor, Multichoice's DStv in April this year.
Turner Broadcasting System (TBS) and Manchester United Television also pulled four channels in total at the end of 2012 from TopTV but FIC says its sticking with TopTV despite Fox International being owed R43.8m. TopTV debt to Fox amounts to 3% overall of TopTV's debt to creditors.
"FIC has committed to stay through the business rescue process that TopTV is currently undergoing," says FIC Africa.
"We subsequently have no plans to remove channels whilst this process is underway. We are presently in negotiations with the new shareholders to jointly plot our future with the platform. At present we have not defined the terms of any agreement but we are confident that a way forward will be found between both parties," says FIC Africa.
Committed to having TV channels in Africa
FIC says it is committed to having its TV channels in Africa and is determined to remain here for viewers and to grow.
"As a company we are committed to Africa and are determined to support the growth of pay-TV on the continent. Our Johannesburg office is rapidly expanding to ensure that we can service all emerging and established platforms in Africa."
"We are exceptionally proud of being the only international pay-TV channel supplier who is delivering high quality channels to all African affiliates. Full distribution of our channels to the African market is key and with this in mind we are delivering content specifically relevant to an African audience," says FIC Africa.
