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German DAF drops Astra feed

April 10, 2015 18.27 Europe/London By Jörn Krieger

DAFGerman financial news channel DAF has closed down its DTH satellite distribution on Astra (19.2° East) on April 10, 2015.

The channel operated by Kulmbach-based media entrepreneur Bernd Förtsch (Börsenmedien AG) filed for insolvency in early March 2015, arguing that particularly the high cost of the satellite transmission lead to its financial difficulties.

Also, important advertising customers were lost due to the difficult environment, according to the channel.

DAF will now focus on its web-TV and TV production activities.

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Filed Under: Distribution, Newsline, Platforms, Satellite, Satellite, TV Tagged With: Astra, Börsenmedien, DAF, Germany, insolvency, satellite Edited: 10 April 2015 18:27

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About Jörn Krieger

Jörn reports on the latest developments in Germany, Austria and Switzerland. Since 1992, he has been working as a freelance journalist, specialised in digital media, broadcast technology, convergence and new markets. He also takes up University lectureships, writes articles in specialist publications, and produces radio reports. Jörn is also a moderator of panel discussions at industry events such as ANGA COM, Medientage München and IFA Berlin.

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