History
The channel launched as speedauction on 27 July 2005, replacing the original Screenshop 2 channel. The channel broadcast between 8am and 1am. Live rising price auctions were only available Wednesday to Sunday between 4pm to 8pm and 9pm to midnight. Pre-recorded auctions were available the remainder of the time.
Between 13 October 2009 and 17 January 2012, the channel was also available on the Freesat platform.
Prior to the launch of the channel, the format of rising price auctions were first available on Bid (Bid-Up.TV at the time) between its launch in October 2000 and January 2005. However, when the channel changed its format to focus primarily on falling price auctions, the Speed Auctions became pre-recorded. In July 2005, Speed Auction TV launched, which took an all responsibility for the rising price auctions. As a response, the "Speed Auctions" slot on Bid TV was axed. Since then, Bid TV has no longer shown rising price auctions.
Read more about this topic: Speed Auction
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