Top TV under business rescue

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 Budget subscription service, Top TV has revealed that it is currently under business rescue.

This was revealed by Top TV's Ian Woodrow, after it lost three channels from Turner Broadcasting after it decided to terminate the African distribution of its channels for operational reason.

He says TopTV is confident that it will be able to secure alternative channels early in 2013.

Woodrow says the news came at an inopportune time as Top TV is under business rescue.