OpenShop channel in administration
Two years after its launch on Ch. 75, shopping channel has entered voluntary administration.
Home-shopping channel OpenShop went into voluntary administration earlier this month just two years after launch, reportedly owing about $120,000 to its employees.
The Sydney Morning Herald reports OpenShop operated by The Australian Shopping Network, launched in August 201 on Seven’s Ch 75.
Presenters at launch (pictured) included Justine Diana, Zac Deane, Carla King-Turner, Nikki Vincent, Gabby Berry and Steven Milne.
But SMH notes complaints lodged with the Australian Competition and Consumer Commission over concerns it was unable to compete with rival, TVSN.
Documents filed to the Australian Securities and Investment Commission show Seven is owed almost $1 million while its parent company, South Korea-based Hyundai Home Shopping Network, is owed $12 million.
On Facebook, customers are complaining of no responses to email or phone queries, and removals of reviews. Its website currently advises, “Following the appointment of the Voluntary Administrators the Company will no longer be accepting refunds, returns or exchanges,” adding ” affected parties may (subject to other remedies available to them) have a claim as an unsecured creditor of the Company.”
“Just received an email from OpenShop (TV shopping channel 75) have gone into administration. Not sure what it means for the presenters, some of who came over from TVSN,” reader Bella noted in the TV Lounge.
Earlier this month Seven did not respond to queries.