Station Groups Invest Nearly $26M in U.S. Digital Television

Sep 26, 2005  •  Post A Comment

U.S. Digital Television, a Salt Lake City-based company looking to bring cable programming to an over-the-air digital television signal, got a financial boost Monday after a group of station groups, including News Corp.’s Fox Television Stations, invested nearly $26 million in the venture.

Other investors include Hearst-Argyle Television, LIN TV Corp., McGraw-Hill Cos., Morgan-Murphy Stations and Telcom DTV.

The company plans to use the funds to expand its service in other cities in the United States and to offer services such as video-on-demand.

Utilizing unused digital broadcast spectrum, the company charges consumers $20 a month to receive local TV signals as well as 12 cable networks, including ESPN and Fox News Channel. People access the data using a set-top box and an antenna.

So far, the service is available in Salt Lake City, Las Vegas and Albuquerque, N.M.