Goodbye, TopTV. Fare thee well, for you are no more.

After suffering months and months of severe brand damage by asking, being denied, asking again, and being denied again for permission to flight porn channels, the owners of the TopTV brand, On Digital Media have decided to pack it in.

Of course, TopTV did eventually get permission to flight three of their porn bouquets, but have failed to get them off the ground in the five months since ICASA gave the nod – most likely due to financial constraints as the company’s subscriber base shrivelled in the face of poor service and sketchy billing.

ODM will relaunch their set-top box satellite offering with StarTV (STV) as soon as November, as long as ICASA approves the acquisition of a major stake in the company by China’s StarTimes. The acquisition will no doubt relive much of the financial pressure on ODM, which has been in business rescue since December 2012.

Shem, man.

[Source : Channel24]