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End of the line for Super 5 Media
TechCentral, which last week broke the news of the problems at the company, has now learnt Super 5 Media is facing a claim of as much as R25 million from Rothschild, an international investment advisory company.
Rothschild will seek a liquidation order against Super 5 Media if the debt owed to it is not settled in full by Friday, two separate sources at the pay-TV operator have confirmed.
Continue reading the full story, as well as Telkom loses R400m in pay-TV fiasco, on www.TechCentral.co.za.
Source: TechCentral

Founded by Duncan McLeod, TechCentral is the leading quality news and information resource for people involved in South Africa’s fast-growing information and communications technology industry and those interested in the fast-changing world of information technology. It provides quality news, reviews and comment relevant to its quickly expanding audience. Follow TechCentral on Twitter at TechCentral, become a Facebook fan and subscribe to the daily newsletter.
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About Duncan McLeod: @mcleodd
Award-wining Duncan McLeod is the founder and editor of TechCentral (wwwTechCentral.co.za, @TechCentral]]), South Africa's latest technology news site offering breaking news, in-depth analysis and opinion that launched in September 2009. Before that, he was associate editor at the Financial Mail/FM. Contact Duncan on email duncan at techcentral dot co dot za and follow him on Twitter at @mcleodd.