GIGA to Shut Down

Owner Premiere AG will focus more closely on its core subscription-television business.

Archive notice: This article was originally published on February 13, 2009. Links and embedded videos are preserved as part of the historical record.

GIGA will cease operations at the end of March. According to GIGA, declining revenue in the television advertising market has had “devastating consequences for small broadcasters.” The gaming advertising market has also collapsed sharply.

GIGA says it is unable to overcome these challenges during the economic crisis.

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