files for insolvency

Jörn Krieger | 21-10-2012

Berlin's metropolitan TV channel has filed for insolvency. The income generated through local advertising has not been sufficient to cover the operating costs in the highly competitive Berlin market despite a positive development, the commercial broadcaster said in a statement.
The local TV station, which is available in analogue and digital on cable and via DTT in Berlin and surrounding,s wants to continue broadcasting for the time being.
The insolvency administrator is now evaluating the economical perspectives of the channel and the possibilities of keeping on air in the long run.