Jetix has confirmed the breakdown of its carriage negotiations with the French DTH platform CanalSat. Unless talks resume it means that the kids’ channel will disappear from CanalSat when the present contract expires on December 14.
Jetix Europe CEO Paul Taylor said the company was considering several options and warned that this included legal action. “We have been negotiating in good faith with CanalSat, however it is clear that at present they do not intend to renew our contract. We will be pursuing all potential options to ensure the continued carriage of our channel.”
The Jetix statement confirms what was described in the company’s interim financials as a “difficult negotiation”, however the company said that its financial guidance remained unchanged.