The website for LocalBTV, a live TV streaming service that offers local channels for free, is back up, even as the service remains down.
LocalBTV has been offline for over a month after running out of money. Cord Cutters News learned that its parent company, Didja Inc., is looking for new investors or a buyer to take over the company, according to a person familiar with the business. Didja has largely been silent about the matter.
Today, LocalBTV’s website came back online with a message saying, “LocalBTV had to pause our service temporarily in November, so is currently not operating. We apologize to all viewers and channel/station owners for this annoying situation, which we expect to resolve soon.”
It’s the first indication that there remains someone behind LocalBTV. But the note raised a question of whether new owners have taken over LocalBTV. For about a week now, a new company launched a Roku app called LocalBTV, but it included none of the channels LocalBTV had in the past. This new company, called Apple Pie Films, LLC, is also not listed on the LocalBTV website.
So, what exactly is happening with this relaunch? Did LocalBTV get sold? Right now, we don’t know and the staff behind LocalBTV has not responded to our emails. We do know that the website for parent Didja Inc. is still down.
The question now is who will be interested in buying the free service. There is an add-on option for a DVR to help raise funds. Several possible buyers or investors have looked at the company, but it is struggling to close any deals, the person said.
According to LinkedIn, the employees of Didja Inc., the parent company of LocalBTV, are still listed as working there, although those social media accounts for both LocalBTV and its parent company may not have been updated in many months.
The future of LocalBTV is unknown right now and all the people behind the service can do is wait and see if a new investor or buyer shows up.