Bluesky mulls shutdown amid financial shortfalls | Bangkok Post: news

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Bluesky mulls shutdown amid financial shortfalls

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The pro-Democrat Party television channel, Bluesky, is considering temporarily closing down after two months of broadcast suspension ordered by the National Council for Peace and Order (NCPO), a company executive said yesterday. 

Takerng Somsup, channel director, said Bluesky executives discussed the move after realising it lacks the money it needs to sustain operations if it must remain off-air for a long period of time. The budget shortage was the main reason for the possible closure because Bluesky TV was still operating, although its programmes could not be broadcast, he said.

"We've reduced the monthly expenses from around 7-8 million baht to 3-5 million baht since the broadcast suspension began in late May, but the cut did not help much. So we are considering shutting down temporarily and using the remaining budget to compensate our staff," Mr Takerng said. He said Bluesky has paid all staff regularly although it had no income from broadcasts.

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