Found this on the Alty website:
SETANTA REVIEW
The Digital Spy claims that "Setanta has launched a comprehensive review of its entire pay TV offering, it has emerged. According to The Irish Examiner, the international sports broadcaster is trying to find ways to develop its business after losing half its Premier League live TV rights to Sky in early February. Analysts have warned that Setanta may not be able to survive in its current form because the loss of the Premier League rights could impede its ability to attract a sufficient number of subscribers. The company appointed Close Brothers merchant bank to raise £159m in new funding to try and buy some games back from Sky after the decision was announced. However, some press reports now indicate it is trying to renegotiate its entire complement of rights deals in case it needs to pare back its channels to a core offering".
