TARBS World TV
 | |
| Company type | Private |
|---|---|
| Industry | Satellite television |
| Founded | 1995 |
| Defunct | 7 July 2004 |
| Headquarters | Pyrmont , Australia |
Area served | Australia |
| Products | Direct broadcast satellite, pay television, pay-per-view |
| Owner | Television And Radio Services Pty Ltd |
| Website | www |
Television And Radio Broadcasting System more commonly known as TARBS World TV was an Australian subscription Television Service, broadcasting predominantly ethnic (and mainly non-English) stations into Australia. TARBS commenced operations in 1995 and had around 57,000 subscribers until July 2004 when the company went into receivership.
TARBS in receivership
In July 2004, PanAmSat a major creditor of TARBS applied to have the organisation placed into receivership due to a failure to pay their satellite transponder lease payments.
This action was while PanAmSat was briefly controlled by News Corporation, which was a major investor in TARBS' main competitor Foxtel.
PanAmSat purchased a large number of the assets including the customers Set Top Boxes from the receiver (PriceWaterhouseCoopers) in 2005 and authorised a competing subscription television provider to access and use the boxes already installed in ex-customers homes.