By the summer of 1998, Nintendo's relationship with St.GIGA began to deteriorate. St.GIGA refused to go forward with a debt-management plan created by Nintendo to reduce the firm's capital, despite being ¥8.8 billion in debt, and had also failed to apply for a government digital satellite broadcasting license under a set deadline. This led to Nintendo halting all production of new games and content for the peripheral beginning March 1999, and had also scrapped plans to continue providing content and services via a new BS-4 satellite. Despite this, St.GIGA continued to supply content for Satellaview, broadcasting reruns of older content and making the service strictly for video games. Ultimately, Satellaview was discontinued on June 30, 2000, due to a severe lack of support from other companies and a dwindling player base, dropping by nearly 60% from its peak in 1997 to about 46,000 active subscribers. A year after it was discontinued, St.GIGA declared bankruptcy and merged itself with Japanese media company WireBee, Inc.