Online TV Service SeeSaw Unlikely to Get Buyer, Independent Says

Arqiva Ltd. is unlikely to find a buyer for its online television service SeeSaw, which will be forced to shut by June 30, the Independent reported, citing an unidentified spokesman.

SeeSaw needs “considerable investment to succeed,” the newspaper quoted the spokesman as saying.

Arqiva cannot support the service any longer and next month will be the “end of the road,” SeeSaw said on its website yesterday.

To contact the reporter on this story: Nicholas Larkin in London at nlarkin1@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net

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