With the turn of the millennium still a few days away, Pax TV is already facing a Y2K glitch of tremendous proportions.
Sources said the plug has been pulled at the last minute on “Millennium Live: Humanity’s Broadcast,” an ambitious 24-hour live New Year’s show that had been scheduled to air in the U.S. on Pax.
Instead, Pax is expected to air a marathon of old movies as well as short vignettes tentatively titled “Pax Millennium Moments.”
“Millennium Live” creator-executive producer Hal Uplinger was unavailable for comment.
But sources said the Millennium Television Network, which had signed with broadcasters in over 130 countries as partners, couldn’t pull off financing for the event as planned.
Sources said the MTN started missing payments at the end of November for crucial elements such as satellite space and installment of the show’s set. Original financial backers apparently backed out of the telecast, while new investors couldn’t deliver.
The global broadcast previously had announced it would feature entertainment performances from all over the world, including Aerosmith, ‘N Sync and Phil Collins.
At a press conference in November, the “Millennium Live” team said that they had secured 77 satellite transponders for the broadcast and would base the show’s hub at Raleigh Studios in Manhattan Beach.
Pax execs are said to be disappointed about the presumed cancellation of “Millennium Live,” which already had been promoted heavily on air and with ads in publications such as TV Guide.