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FINANCIAL NEWS
Orbit Showtime to relocate to Dubai
03 Jul 2010
(MENAFN) Broadcasting giant Orbit Showtime Network announced that it is pulling out of Bahrain and moving to Dubai, after it had first moved its broadcasting base to Bahrain from Italy in 2003, Reuters reported.
Media reported last December that a crackdown on illegal satellite TV providers had failed, with a Telecommunications Regulatory Authority (TRA) official admitting that authorities were relatively where they were.
Last July, it was announced Orbit and Showtime were merging to create the largest pay-TV operator in the Middle East and North Africa (Mena) region.
However, Showtime had already lost exclusive rights to broadcast the English Premier League – one of its key selling points – to the Abu Dhabi Media Company, which has sole rights to the Premier League in the region from next season.
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