Access Television Network

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This article is about the American infomercial channel. For the television channel in Alberta that previously used the Access name, see CTV Two Alberta.

Access Television Network (ATN) was a company based in Coral Gables, Florida that distributed infomercials and other paid programming to about 300 cable television systems and attracted more than 35 million households at its peak. ATN's around-the-clock satellite channel was generally broadcast by cable systems on existing channels during the early morning hours when no regular programming is scheduled. In late 2002, ATN expanded with the purchase of the Product Information Network (PIN), a similar 24-hour cable infomercial network.

ATN was founded by William Bernard in 1993 in Irvine, CA. Bernard was ultimately forced out of ATN by the new CEO, George H. Henry in 2001, in a deal to merge with another now defunct company, The Recovery Network. Henry perceived Bernard as an obstacle to his "Reverse Triangulated Merger" scheme and won Board approval to terminate Bernard, who later successfully sued ATN and Henry for damages and wages owed. ATN had over 200 shareholders which included a venture capital firm Spectrum Equity Investors and the Hearst Family Fund. ATN bought out Spectrum Equity with a loan through Wells Fargo Foothill. This loan was in turn purchased by Gladstone Capital who is the current largest debt holder of ATN.

In early 2012 ATN ceased operations as it could no longer generate sufficient revenues to pay its affiliates and satellite transponder obligations. George Henry filed a Chapter 7 Bankruptcy for Pacific Media Direct LLC on July 13, 2012.

References[edit]

  1. Hoover's: Access Television Network
  2. LyngSat Address: Access Television Network
  3. PanAmSat: Galaxy 11

External links[edit]