Comments on: WorldSpace Bankrupt And On The Block: What Happened & What They Were Waiting For

By: Vivek Khadpekar

Vivek Khadpekar — Fri, 25 Dec 2009 06:09:47 +0000

I started my WorldSpace subscription three years ago, and was quite happy with their programming which catered more than adequately to my interest in classical music — an area in which AIR has, over the years, evinced a progressive decrease in interest. Today, on Christmas Day, I received an e-mail from WorldSpace informing me of the fiasco.

I am both sad and angry. If what Kalyan reports is correct they must be hauled into court for malafide practices with premeditated intent to defraud.

By: Kalyan

Kalyan — Thu, 24 Dec 2009 18:09:40 +0000

I discontinued my subscription about six months ago. For the last month or two I was subjected to one of the most shameless and aggressive promotion campaigns from their call centers to renew my subscription. Now their website says, no refunds will be done. Thank god I did not renew. What cheap thugs, rot in hell !

By: WorldSpace Eyes Web Based Services In India

WorldSpace Eyes Web Based Services In India — Wed, 29 Apr 2009 20:21:27 +0000

[...] and is just hauling itself out of Chapter 11 bankruptcy protection. Read more about what went wrong here. The Mobile Issue This is not the only regulatory barrier that Worldspace has faced in the country. [...]

By: Worldspace booked for bankrupcy « Tending to >> east

Worldspace booked for bankrupcy « Tending to >> east — Tue, 21 Oct 2008 14:54:37 +0000

[...] More on Medianama. [...]

By: Lord Haw Haw

Lord Haw Haw — Tue, 21 Oct 2008 09:28:58 +0000

I’m glad I saved my former company a few hundred million dollars, which is what Worldspace was asking from potential Indian Partners…

By: Mobyte

Mobyte — Tue, 21 Oct 2008 08:06:52 +0000

The BIG problem is that they may not have liquid money.

The Soros money may not be coming, Reliance Capital’s money is stuck in the stock market, They cant go for an IPO right now (specially after Reliance Energy) and then the US Studio deal just sucked out a lot of cash…

It will be interesting to see if the can pull out cash from somewhere.

By: jignesd

jignesd — Tue, 21 Oct 2008 06:18:27 +0000

I agree with jassim, world space is indeed a good asset for BIG entertainment esp now when it is on a buying spree

By: Jassim

Jassim — Mon, 20 Oct 2008 19:25:38 +0000

A Nice asset for someone like BIG to add to their kitty of media companies….I guess unlike Sirius and XM, WorldSpace failed to build any kind of premium programming …..maybe thats where they failed to excite the masses ….at the end of it all there should be some reason why one would pay for this …right ?

By: Rahul

Rahul — Mon, 20 Oct 2008 12:32:04 +0000

What remains to be seen is the next step forward for its Indian unit. Are the 163,000 subscribers going to left in thin air to find their service?

By: Shashi

Shashi — Mon, 20 Oct 2008 12:20:05 +0000

For me, buying hardware which works only on their service was a big barrier. If that device cost say 1000, and they allowed quarterly subscription, I would have gone for it.

I won’t be surprised if DTH platform throws up new players in this space.