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Contents

   



(Top)
 


1 History  





2 Bankruptcy and closure  





3 Criticism  





4 References  





5 External links  





6 See also  














Gems TV (USA)







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From Wikipedia, the free encyclopedia
 


Gems TV
CountryUnited States
Programming
Picture format14:9 Of 16:9 and 4:3
Ownership
OwnerGems TV Holdings Limited
History
LaunchedNovember 29, 2006
ClosedApril 15, 2010
Links
Websitewww.gemstv.com
Availability At Time of Closure
Terrestrial
TerrestrialChannel 7 and 10

Gems TV was an American reverse auction jewelry shopping channel. The channel was available on DirecTV, Dish Network and other local networks. The channel operations were based in Reno, Nevada.

History[edit]

Gems TV launched exclusively on DirecTV. On January 15, 2007, Gems TV also became available through select cable providers in the U.S. and some TV affiliates such as KLDTinLake Dallas, Texas. The channel was also streamed live on the website. On August 30, 2007, Gems TV became available on Dish Network.

Bankruptcy and closure[edit]

In March 2010, it was announced that the US operation would close and be wound down. On April 7, 2010, Gems TV USA filed for Chapter 11 bankruptcy, blaming the Great Recession.[1] Gems TV ceased broadcasting on April 15, 2010. The website and customer service team continued operating until May 6, 2010.

Criticism[edit]

On February 1, 2010, the manufacturing operations at its factory in Chanthaburi, Thailand were closed down due to the change in sourcing and manufacture. The new strategic decision to fully outsource its gemstone jewelry supply was aimed at reducing operating costs, increasing supply, improving manufacturing flexibility and the main reason of increasing profit margins. This was one of the principles the company was originally well known for - Going direct to the mines and handcrafting gem set jewelry in their own in-house facilities. The consequence of this has resulted in a large number of redundancies.[2]

DirecTV has filed a lawsuit against Gems TV (USA) Limited, claiming that Gems TV refused to pay their satellite bills.[citation needed]

References[edit]

  1. ^ "Diamond World: GemsTV files for Chapter 11 bankruptcy protection". April 7, 2010. Retrieved April 11, 2010.
  • ^ "Gems TV Outsources Gemstone Jewelry Supply". Gems TV. 2010-02-02.
  • External links[edit]

    See also[edit]


    Retrieved from "https://en.wikipedia.org/w/index.php?title=Gems_TV_(USA)&oldid=1071650437"

    Categories: 
    Defunct television networks in the United States
    Television channels and stations established in 2006
    Television channels and stations disestablished in 2010
    2006 establishments in Nevada
    2010 disestablishments in the United States
    Shopping networks in the United States
    Hidden categories: 
    Articles with short description
    Short description matches Wikidata
    Articles using infobox television channel
    Articles to be expanded from July 2010
    All articles to be expanded
    Articles using small message boxes
    All articles with unsourced statements
    Articles with unsourced statements from June 2016
     



    This page was last edited on 13 February 2022, at 17:29 (UTC).

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