Wednesday, 4 December 2024

Create and Craft - What in run up leading up to Administration and how much do they own Sky and Virgin Media?

Events leading up to Administration:

  • Create & Craft has talks with interested parties but no formal offers were received by October 17th.
  • An interested party withdraw their interest on October 24th.
  • Create & Craft was place into administration on October 24th.

How much Create & Craft owe - Arqiva, Virgin Media UK and Sky?

  • Arqiva (Owner of Create & Craft's Freeview broadcasting slot) - £1,549,324.71^
  • Virgin Media Limited - £65,500.03^^
  • Sky UK Limited - £122,410. 15^^^

^EPG part time slot and streaming channel.
^^For one SD Channel.
^^^For one SD Channel and one HD Channel.