Canis Media, the broadcast management company, has sold the Price Drop and Bid TV Sky EPG channels.
The Sky EPG slots were sold after owners Sit-Up Limited went into administration. KPMG, appointed Canis Media to sell Bid (channel 645) and Price Drop (channel 654) which have been bought by The Genuine Gemstone Company (TGGC) and Turner Broadcasting Systems Europe respectively.
Channel 645, bought by TGGC will become Gems TV, a teleshopping channel. While Channel 654 bought by Turner Broadcasting Systems will become an entertainment channel.