
Read this: Setanta goes into administration with loss of 200 jobs |Media |guardian.co.uk

Summary: Irish pay-TV company Setanta has today been placed into administration after rescue talks designed to secure new funding collapsed. Accountancy firm Deloitte has confirmed it has been appointed as administrator for the UK part of the business, which employs about 200 staff. The broadcaster's other wholly owned channels, including Setanta Sports 1 and 2, went off air around the same time. - guardian.co.uk
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