As predicted Setanta has gone into administration. Racing UK piggybacked off Setanta’s backend processes for example subscription collection and will now go it alone as a stand alone racing channel. Unfortunately the price for subscription has been increased from £12.99 to £20 per month.
Let’s review what’s happened today!
The Racing Post is planning to implement a subscription service in July rumoured at a cost of £20 month. If you want to watch Racing UK total overheads are now a minimum of £40 month, £480 year (excluding travel and trips to racecourses, specialist trading software etc)
Given the current economic plight of your typical punter, my gut feel tells me that Racing UK is next on the list of companies that will be consumed by the current financial storm that is raging through indebted Britain!
“It’s only when the tide goes out that you learn who’s been swimming naked.” When everyone is enjoying good times, you don’t know who has taken on excessive risks.
Warren Buffet
2 Responses to RacingUK go it Alone
Changing Days
June 30th, 2009 at 23:23
Hi ST,
Also have images of a bleak future for RUK, a damn shame because it’s a fine channel. But times are tough at the mo for many and an extra £7 for something which could be enjoyed a long with a host of other channels, may be just too much for the majority to take. Hope I’m wrong.
Anyway enjoying your blog, and am just about to add it to my blogroll list – could you please do the same for mine perhaps, if you like the look of it? I follow morning market moves and having a pretty good time of things just at the minute, hopefully it will continue. It’s http://winningafortune.blogspot.com
Many thanks
slipperytoad
July 1st, 2009 at 17:41
Done! Welcome aboard!