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London-based The Africa Channel has entered administration (the UK version of Chapter-11), and its IP assets are being sold by insolvency practitioners Chamberlain & Co. It is only the UK-based channel that has hit problems, and is not related to The Africa Channel in the US which has been on air since 2005.
Chamberlain has appointed Metis Partners to dispose of the company’s key assets, including the broadcaster’s web-domain names.
The sale includes programming rights for the broadcaster’s “well-regarded” African TV shows and films. Metis says the channel’s assets will be of interest to media networks, tourism bodies and film and television distribution companies.
The channel launched in the UK back in 2007. It went ‘dark’ on September 29th having suffered financial problems during the summer of 2015.