Speed Auction - The Flip of The Arrow

The Flip of The Arrow

In October 2005, the format of the channel was changed to purely focusing on falling price auctions. However, unlike Price-Drop TV and Bid TV, the channel sold its lots with a smaller quantity in each auction and in a shorter period of time, justifying the word "speed" in its name. The live broadcasting hours were still the same as the previous rising price format, and the pre-recorded slots were still being filled in with rising price auctions.

On 3 March 2006, it returned to its original rising price auction format. The hours were unchanged and pre-recorded slots are still filled with rising price auctions.

The channel changed its format for a 2nd time to falling priced auctions on 26 March 2008. 26 March 2008 was also the day when Speed Auction TV extended its live broadcast hours. They were available live Wednesdays to Mondays 7:45am to 1:30am and Tuesdays from 1:30pm to 1:30am, with the channel showing Screenshop during its downtime. The channel continued to sell a variety of products continuously throughout the day, without any particular themes shows.

Since then, the channel has no longer shown any live or pre-recorded rising price auctions.

Read more about this topic:  Speed Auction

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