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Author Topic: Luken Communications to emerge from bankruptcy  (Read 2037 times)

DrSat

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Luken Communications to emerge from bankruptcy
« on: September 24, 2014, 08:53 am »
Good news! It seems that the Luken networks on SES 2 @ 87W C-Band such as RTV, Tuff TV and PBJ will continue on as Luken Communications reached a settlement to come out of bankruptcy protection by the end of this October.

Quote
Luken Set To Emerge From Bankruptcy

September 18, 2014 1:26 PM EDT
Bill Horton, general counsel of Luken Communications, a Chattanooga-based television network provider, announced today that the company will successfully emerge from Chapter 11 bankruptcy by the end of October.

The U.S. Bankruptcy Court for the Eastern District of Tennessee at Chattanooga entered an order today confirming the company’s plan to resolve all disputed claims and pay in full all legitimate vendor bills and allowable claims.

Luken said that during the past 15 months, its team “has streamlined its business and experienced growth in many levels of the company. Luken has added affiliate stations, greatly improved its signal quality, added new delivery methods, bolstered its networks’ programming and improved relationships with vendors.”

David Leach, Luken president- CEO, said: “We have been very fortunate to have vendors and affiliates that have stuck by us while we resolved what Luken viewed as an unjust verdict. We appreciate the support of our affiliates, vendors and employees during this difficult time and look forward to continuing exceptional growth.”

Luken Communications’ family-friendly networks reach approximately 80% of all U.S. households via a blend of over-the-air, cable and satellite television. The current network offerings include Retro TV, The Heartland Network, The Family Channel, TUFF TV, PBJ and Frost Great Outdoors (FGO).

Source: http://www.tvnewscheck.com/article/79392/luken-set-to-emerge-from-bankruptcy


On a related note, signal quality on their transponder has improved so a well tuned 6 ft. dish is now able to receive it.

Unfortunately, I don't see them bringing back the transponder they had on AMC 9 Ku-band anytime soon  as they have recently introduced delivery of their stations via the Internet streaming for the smaller stations that can't afford a C-Band dish.
« Last Edit: September 24, 2014, 11:31 am by DrSat »
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Emerald_Boar

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Re: Luken Communications to emerge from bankruptcy
« Reply #1 on: October 20, 2014, 04:35 pm »
Can not afford a CBand dish?
CBand cost at most 3 grand.  I assume most C Band setup would cost less then a grand.

Read ya l8r,
EB.

PS.  Hopefully RTV does return Ku Band.  Plus, it would be cheaper for a smaller station to setup KU Band setup =D




 

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