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TS News - Australis Sued By Optus
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From: Martyn Williams <martyn@twics.com>
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Date: Sat, 28 Dec 1996 16:24:51 +0900
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From owner-ts-news@tele-satellit.com Sat Dec 28 02: 45:48 1996
TELE-satellit News, 28 December 1996
Australis Sued By Optus
SYDNEY, Australia, 96/12/28 (SatND) -- Australis Media Ltd., operator of
the Australian pay-TV service Galaxy, faces legal action against a joint
venture with Optus Vision. Last August, Australis announced it was to share
DTH satellite infrastructure.
Several Australis franchisees have meanwhile taken to court, claiming the
joint venture was a breach of existing contracts. Competitors such as
Foxtel, operated by Telstra and Rupert Murdoch's News Corp., also try to
challenge the Australis/Optus venture. Foxtel claims it has a pre-existing
programming agreement with Australis. There were even more bad news for
Australis: During the last fiscal quarter, the company recorded an
A$51.1-million loss.
Source: Sat-ND
(c)TELE-satellit 1996. All rights reserved.
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