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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 ...
In June 2003, Sit-Up Shopping launched sister channel Price-Drop TV. In April 2004, a new system for bidding known as Best Bidding was introduced. All bids acted as proxy bidding, so instead of the bidder choosing the amount, the computer automatically entered an upto amount that would not exceed the value specified.
On the empty channel, Teleshopping was broadcast. This lasted until 1 September when the channel closed. About 10 months after closure, Bid Shopping, the channels owner, went into administration, and the company's last remaining channels Shop at Bid and Price Drop were closed down with immediate effect with 229 jobs being lost.
Pages in category "Shopping networks in the United Kingdom" ... Pitch TV; Price Busters TV; Price Drop; Q. QVC (British TV channel) QVC Beauty; S. Shop at Bid; Shop ...
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