Galaxy (Australian television)
Surprisingly, the first license was purchased not by one of the major media players but by an entrepreneur, Albert Hadid, who quickly onsold it for a rumoured $33 million profit.This sensational demand in advance of Foxtel and Optus visions Services going live although initially a dream outcome for Australis’ owners, contributed to its downfall.Another proposal made in August 1996 under which Australis and Optus would share satellite infrastructure (while still trading separately) was approved by the ACCC but later blocked by the Federal Court of Australia.With hopes of a merger dashed and serious cashflow problems continuing to plague the company, Australis relied on "rescue packages" of capital injections from a number of new investors (including Kerry Packer's PBL, among others) to stay afloat.[5] After Australis's insolvency, its eight channels continued to run on the Foxtel platform, and five of them are present in some form on all the major pay television providers in Australia.Microwave Antennas installed then can still be seen in established homes from that era in capital cities even to this day (they were abandoned by Australia post bankruptcy due to the advent of Cable TV).Staff who worked there from launch and when Digital Decoders were introduced for Satellite transmission) consisted in its Adelaide were exposed to and implemented new technology and methods in customer service still used to this day.