FashionTV responds over debt claim
March 10, 2014
By Chris Forrester
Last week we quoted the CEO of satellite services company RRsat describing how it had made certain allegations against FashionTV regarding non-payment of debts.
FashionTV’s founder and CEO Michael Adam has now responded, stating that FashionTV is to mount its own lawsuit against RRsat and others for $20+ million. FashionTV is alleging “unfair competition and infringement of fashiontv trademarks as well as punitive damages.”
Adam said FashionTV recently sourced another service provider; “all our business has been switched to SatLink Communications, Austria Communication, and directly with Asiasat, Eutelsat and SES Astra.”