sony, page-6

So, Sony officially switched off UCTV from its IPTV service last week and the agreement was not renewed. Where does that now leave GCN with IPTV?

The GCN announcement to the ASX Dec 13 2010 boldly stated "Target to reach at least 1 million viewing audience within 6 months in Australia" with the Sony Bravia deal crucial to its success.

Another bold statement three years ago predicted "In 5 to 10 years, FTA (free to air) and linear subscription TV as you know them today may not exist and will be replaced by on- demand free IPTV".

And this "If GoConnect achieves its target of 1 million audience reach, its enterprise value can be justified at A$813 million".

Based on current Alexa ranking for uctv.fm http://www.alexa.com/siteinfo/www.uctv.fm that "1 million viewing audience" didn't happen and in reality is currently at best in the low hundreds based on the Alexa ranking.