Friday, November 21, 2008

Update on Sun TV issue from LBN website

LBN acquired the rights to carry SUN Network channels from the authorized distributor in Sri Lanka of SUN Networks. This arrangement has been there for over 3 years. However the distributor has been unable to make the required payments to SUN TV as the other networks have resorted to pirating through DISH TV. As a result SUN TV cancelled all the cards issued to the distributor including LBN.

LBN did not have a direct relationship with SUN Networks as we were dealing with the distributor in Sri Lanka. We have already gone and met the relevant people at SUN TV to present our case. However the demands made by SUN TV of Rs2.8M per month with a deposit of Rs16.5M is not realistic for LBN. This unreasonable demand is, we believe is due to a misunderstanding on the part of SUN TV and we are once again discussing with SUN TV to resolve same.

It would be wrong for us to give a commitment of a date when SUN TV channels will resume but assure you that we will do everything possible to get these channels restored for the benefit of our tamil speaking customers.

Please note that the above is quoted from the LBN website from the link "Sun TV broadcast update".

Friday, November 14, 2008

LBN says no financial issue

As per our previous post titled "Sun TV off air? LBN having cash problems" Mr. Shirantha Herath - Managing Director of LBN has replied saying that the reason for the withdrawal of Sun TV was due to the piracy by illegal cable operators and losses incurred by Sun TV as a result and is not in any way related to any payment issue. Accordingly all payments by LBN have been carried out on due dates.

LBN has also expressed their disappointment with this blog for not contacting them before carrying out the post in order to obtain their views. We wish to apologise to them regarding this issue and have already conveyed our apologies directly to Mr Shirantha.

LBN has already indicated that they will make representations to Sun TV and resume transmission as soon as possible.

We have also contacted Sun TV but have not received any reply from them regarding this matter.

We wish to thank LBN for contacting us and clearing the air regarding the withdrawal of Sun TV.

Thursday, November 13, 2008

Sun TV off air! LBN having cash problems?

According to reports coming in it seems that the Sun TV channels are off air on LBN. Initially LBN said that it was a technical problems but according to recent reports it seems that LBN have not paid their dues to Sun TV which has resulted in the removal of the channel from their lineup.

We hope that LBN sorts out the problem regarding Sun TV since many LBN susbcribers view this channel. In addition it should be said that this sort of cash flow problems should not arise since it could lead to further problems and LBN could end up like Comet Cable.

If the present management of LBN cannot run the company then should get some new investors to bail out the company or many subscribers will be left without any service for the hardearned money that they invested.