This month U.S. Digital Television filed for Chapter 7 bankruptcy. USDTV used digital television spectrum to broadcast a dozen encrypted basic cable channels at a price designed to undercut basic cable package rates. Subscribers used a set-top box descrambler to watch.
The company got some startup funds from Fox and the Hearst-Argyle station chain, but it wasn’t enough to grow the business to anywhere near a sustainable subscriber base. So after a run in just four cities, reaching an average of about 4,000 subscribers per city, USDTV is looking for an angel, or at eventual liquidation. Continue reading “Cable-via-DTV Company Goes Bankrupt”
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