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Old 04-03-2014, 20:59   #1374
1andrew1
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Re: Coming soon to Virgin TV 2014

Quote:
Originally Posted by jj20x View Post
Having the fact that the company is operating under a CVA listed on the website wouldn't do very much for customer confidence.

A phoenix company could buy the business names, EPG slots, licences, etc from the liquidator at knock down rates. New contracts would, most likely, be needed for a phoenix company to be carried on cable and possibly Freeview.
Presumably the whole benefit of Bid TV and Price-Drop TV is their TV presence so most of its customers wouldn't see the website?
A new company could certainly buy some assets from the receivers including stock, brand name, web domain etc. However, the receiver has to sell to the highest bidder so there is a risk that someone else could come along and buy them. Furthermore, some contracts would simply end when the original company ended, certainly the Freview EPG numbers would almost certainly be lost and the company would have to use lower ones down the EPG assuming it was able to secure capacity. Hence its preference for a more stable CVA.
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