Setanta Sports also operated Setanta Sports News under a joint venture with Virgin Media. Setanta GB also operated Arsenal TV, Celtic TV, LFC TV and Rangers TV with their respective clubs. Reports on 7 June 2009 suggested that Setanta could be forced into administration that week, after failing to make payments due on TV rights. Because of late payment and renegotiation over fees by Setanta to football clubs, several British football clubs were put into financial difficulties as money promised had been spent in annual budgets. On 4 June 2009, the Scottish Premier League announced they would be paying the sums that
Altimax Broadcasting Company used to propose a 10 kilowatt-UHF pay TV station using Channel 19 as its frequency. However, there is no word yet on the planning. Altimax Broadcasting Company Altimax Broadcasting Company (Altimax) is a media company co-owned by The Velarde Group and Bethlehem Holdings, Inc. (BHI, a subsidiary of the Globe Group Retirement Fund). Altimax's media businesses are direct-broadcast satellite (DBBS) and Multipoint Multichannel Distribution Service (MMDS) wireless cable TV and broadband. In 1999, The Velarde Group and its holding investment firm Velarde, Inc. (VI), led by former SkyCable executive vice president Mel Velarde, acquired Altimax Broadcasting Company and its broadcast