The end for Channel Master | |
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05-10-2003
| #1 | ||
| Mod and septic resident  Join Date: 01-01-2000 Location: London SW
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Channel Master are in Chapter 11 after failing to reduce increased losses and finally pulled the plug with debts close on $50million They are hoping for a buyer but the chances of the complete plant and assets being secured is virtually zero. Full report courtesy of NewsObserver http://www.newsobserver.com/business...-2681892c.html
__________________ There is a very fine line between "hobby" and "mental illness" | ||
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05-10-2003
| #2 | |||
| Believe it when I see it Admin.  Join Date: 01-05-1999 Location: Southern England
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Blog Entries: 3 My System: Sky+, DB 7000s, Gemini 4.3 in flash, Var on USB stick. Transparent 80cm Dish, Moteck SG2100 DiseqC motor, lots of legacy gear. Meters: Satlook Digital NIT, Unaohm EP313, Swires Annie 204 Spectrum, Rover ST-4 Spectrum. | Makes interesting reading CH, a couple of bad decisions and having all of your eggs in one basket. 
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05-10-2003
| #3 | ||
| Mod and septic resident Join Date: 01-01-2000 Location: London SW
Posts: 7363
Thanks: 1
Thanked 41 Times in 39 Posts
| And management believing that the broadband revolution would be an easy ride. The hype of a virtual communications network leading to material and financial success really didnt and still doesnt add up
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