Television And Radio Broadcasting System more commonly known as TARBS World TV was an Australian subscription Television Service, broadcasting predominantly ethnic (and mainly non-English) stations into Australia. TARBS commenced operations in 1995 and had around 57,000 subscribers until July 2004 when the company went into receivership.
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Company type | Private |
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Industry | Satellite television |
Founded | 1995 |
Defunct | 7 July 2004 |
Headquarters | Pyrmont , Australia |
Area served | Australia |
Products | Direct broadcast satellite, pay television, pay-per-view |
Owner | Television And Radio Services Pty Ltd |
Website | www |
TARBS in receivership
editIn July 2004, PanAmSat a major creditor of TARBS applied to have the organisation placed into receivership due to a failure to pay their satellite transponder lease payments.
This action was while PanAmSat was briefly controlled by News Corporation, which was a major investor in TARBS' main competitor Foxtel.
PanAmSat purchased a large number of the assets including the customers Set Top Boxes from the receiver (PriceWaterhouseCoopers) in 2005 and authorised a competing subscription television provider to access and use the boxes already installed in ex-customers homes.