Red Bee Media

February 2008

The proposal to outsource elements of SBS’s television broadcast system to Red Bee Media will not proceed.

Both parties have negotiated in good faith since the announcement in March 2007 that Red Bee Media had been selected as preferred supplier to provide outsourced television broadcast services to SBS.

However, Red Bee Media and SBS were unable to come to an agreement that was satisfactory to both parties. As a result, a decision to end contract negotiations has been taken.

SBS will continue to examine other available options to update its television broadcast system.