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The channel first launched as Price-Drop.TV on 11 June 2003. The channel began broadcasting from 4pm to 12 midnight, Wednesdays to Saturdays. The hours of live broadcast were then extended to 7.45am to 1.30am, 7 days a week. It was available to more than 12 million homes in the UK, and made weekly revenue of over £3 million. [citation needed]
Price Drop (formerly known as Price-Drop.TV until 21 January 2005 and as Price-Drop TV until 1 August 2011) was a television shopping channel that focuses on falling price auctions. Price Drop's channel format was the first of its type in the UK, using a falling price dynamic. The channel was launched on 11 June 2003, broadcasting live between ...
Availability (at time of closure) Terrestrial. Freeview. Channel 23. Shop at Bid was a British television shopping channel that ran daily auctions and later fixed price demonstrations. It was the world's first channel of its kind. It launched as Bid-Up.tv. The channel was owned by Bid Shopping.
From the outside in, the sequence is $100–$500–$1,000–$0, with the middle space worth $10,000. The contestant wins the corresponding amount of money once the chip falls into a space, and the chip is removed from the board. If a chip becomes stuck on the board, it is knocked loose and returned to the contestant to drop again.
The channel launched as speed auction tv on 27 July 2005, replacing the original Screenshop 2 channel. The channel broadcast between 8am and 1am. Live rising price auctions were only available Wednesday to Sunday between 4pm to 8pm and 9pm to midnight. Pre-recorded auctions were available the remainder of the time.
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