TARBS World TV was an Australian Subscription Television Service, broadcasting predominantly ethnic (and mainly non-English) stations into Australia. Run by Mike and Regina Boulos, TARBS commenced operations in 1995 and had around 57,000 subscribers until July 2004 when the company went into receivership.

[edit] TARBS in Receivership

In July 2004, PanAmSat a major creditor of TARBS applied to have the organisation placed into receivership due to a failure to pay their satellite transponder lease payments. Mike Boulos disputed this.

This action was while PanAmSat was briefly controlled by News Corporation, which was a major investor in TARBS' main competitor Foxtel.

PanAmSat purchased a large number of the assets including the customers Set Top Boxes from the receiver (PriceWaterhouseCoopers) in 2005 and authorised a competing subscription television provider to access and use the boxes already installed in ex-customers homes.

The Boulos' later in 2004 launched UBI World TV, a service which follows the same ideal of broadcasting ethnic stations into Australia.

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