TT TV company not in receivership

Wed, 07 Dec 2011

The Minister for Economic Development says the company that provides TT coverage is not in receivership.

John Shimmin clarified the situation in the House of Keys yesterday.

North One Television sold North One Sport to Convers Sport Initiatives earlier this year, which is now reported to be in receivership.

However, the TT is produced by North One Television, which has no ownership ties to Convers, or North One Sport.

Mr Shimmin says the coverage provided by North One is receiving both critical and commercial success [play clip]