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Old 23-06-09, 09:25 PM   #1 (permalink)
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Default Racing UK to continue broadcasting

Racing UK to continue broadcasting--June 23 2009

Racing UK will continue broadcasting as a standalone channel after its distribution partner Setanta called in the administrators to its collapsed UK operations today.

The channel, which was retailed as part of the Setanta Sports Pack on pay TV platforms in Britain, will continue broadcasting despite the forthcoming shutdown of Setanta's UK channels.

Racing UK Chairman Will Wyatt said: "We enjoyed a good relationship with Setanta since August 2006, and the current situation at Setanta is very unfortunate. Racing UK flourished as a stand-alone channel before Setanta, and now we have a stronger financial base and an even better relationship with our customers. Racing UK is sound, safe and assured of its future."

The channel will revert to its pre-Setanta price point of £20 per month. It said it hopes to stay on its current Sky EPG number but will move "if necessary". It will contact all 55,000 existing subscribers with details about how to resubscribe on a standalone basis and will be free for all existing subscribers while this process is undertaken.

In a statement, the company said: "All current broadband subscriptions and the 2,350 pubs which subscribe to Racing UK will be unaffected. The channel is in discussions with Virgin Media to continue supplying cable customers.

"Monthly subscribers should not lose out through the closure/administration of Setanta and annual subscribers will get the channel free until their next annual renewal date."
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