Broadcast News

Bookmark and Share
21/05/2001

MONEY CHANNEL THREATENED WITH LEGAL ACTION

BECTU are threatening to take legal action in support of a number of staff dismissed by bankrupt television channel, The Money Channel.
According to the union, when receivers were called into The Money Channel on May 4, staff were told that they were dismissed with immediate effect and were advised that they should register themselves as “preferred creditors” in order to recover any unpaid wages.
However, BECTU said that the staff concerned were not employed directly by The Money Channel, and actually worked for a facilities company Communicopia, which had not ceased trading.
The union claims that the staff should all have been given one month's contractual notice of dismissal, and full payment of all wages owed. The fact that income from the Money Channel had dried up was a problem for the company, and not the staff.
Union solicitors are now in the process of preparing tribunal claims for wrongful dismissal on behalf of members at the channel. Union officials are confident that the claims will succeed.
BECTU have also reported the situation to the Independent Television Commission, who are responsible for the regulatory supervision of commercial channels such as the Money Channel. (SP)
VMI.TV Ltd

Top Related Stories
Click here for the latest broadcast news stories.

29/01/2016
RTS Announces Television Journalism Awards 2016
The Royal Television Society (RTS) has announced the nominations for the RTS Television Journalism Awards 2016.   The awards, for news and current aff
21/05/2001
COLLAPSE OF MONEY CHANNEL BLAMED ON CONTENT
THE recent collapse of the UK’s first dedicated financial channel has been blamed on low viewer figures, dull programming and overly complex programme
14/05/2001
CHANNEL 4 LAUNCH 4 VENTURES LIMITED
CHANNEL 4 have published their Annual Report for 2000 and formally launched a new incorporated company, 4 Ventures Limited, to manage all their film a
12/02/2001
DIGITAL IMPACT ON MONEY CHANNEL INTERACTIVE
DIGITAL Impact, the Exeter based producers of interactive software applications for digital television, have announced the launch of Interactive Adver
20/06/2022
Channel 4 Joins Forces With Barclays
Channel 4 and Barclays are joining forces to launch Money on my Mind: a new show for the broadcaster's social media channels that explores how people
20/02/2014
RTS Announces TV Journalism Awards
Last night saw the Royal Television Society (RTS) present awards to the winners of the RTS Television Journalism Awards 2012/2013. The ceremony was ch
04/10/2024
TNT Sports Invests In PlayBox Neo's Channel-in-a-Box
TNT Sports has invested in PlayBox Neo's Channel-in-a-Box to upgrade and enhance its current HD sports channel expansion, in partnership with technolo
03/07/2024
Channel 4 Appoints Chief Marketing Officer
Channel 4 has appointed Katie Jackson as the organisation's new Chief Marketing Officer. Katie will lead marketing and brand strategy across Channel 4
02/07/2024
SimpleStream To Unveil New Features To Its Channel Studio And Livestream Scheduler Products
At IBC 2024, Simplestream is demonstrating new features and enhancements to its award-winning Channel Studio and Livestream Scheduler products, allowi
22/04/2024
Channel 5 To Unearth 'The Mysteries Of The Pyramids'
Channel 5 is to unearth The Mysteries of the Pyramids with comedian and presenter Dara Ó Briain at the helm in a new, series produced by Wildflame Pro
15/04/2024
Amagi And AD Digital Launch MAVTV Brasil's FAST Channel
Amag and AD Digital, renowned for its nearly three decades of service and solution integration expertise in the Brazilian market, have unveiled the la
25/03/2024
Channel 4 Launches Untapped
Channel 4 is launching Untapped, a ground-breaking commercial initiative to invest in entrepreneurs who have traditionally been overlooked by the VC e
13/03/2024
Playbox Neo Announces Refinements To Its Broadcast Playout And Channel Branding Solutions
PlayBox Neo has announced new refinements to its range of broadcast playout and channel branding solutions. These include additional creative function
08/03/2024
Channel 4 Appoints Chief Financial Officer
Channel 4 has appointed Lucy Thomas as Chief Financial Officer. In this newly created Executive role, reporting directly to Chief Executive Alex Mahon
07/03/2024
ComLine Joins Vizrt's List Of Channel Partners
Vizrt has announced that ComLine has joined the company's growing list of channel partners. With the convergence of the proAV and broadcast sectors, m