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
Multicultural Broadcasting for the purposes of selling off assets and paying off their creditors. Stations included KCNS, WMFP, WOAC, and WRAY-TV. WOAC was the first to be picked up on June 24, 2009 by Tri-State Christian Television, through Radiant Life Ministries. WRAY-TV was sold in October 2009. In January 2011, KCNS, WMFP, and WSAH were sold to NRJ TV, LLC. KILM will be the only remaining TV station in the Multicultural group. In 2012 Arthur Liu sold its headquarters at 449 Broadway, relocating executive offices and studios to 27 William Street in the Financial district. Multicultural Broadcasting Multicultural Broadcasting is a media