Satellite operator SES AMERICOM had struck deals with 70 (37 of which have launched) small telcos across the United States to launch their IP Prime IPTV service, recently crowing that their financials were fine, and the TV business was recession proof. Apparently not. The company now says they'll be shuttering the IP Prime system. The service, which offered 300 video channels and 100 music channels, launched in 2005. "With a subscriber base of less than ten thousand at the end of November and after more than 2 years of service, the consumer uptake is insufficient to justify continuing operations," says the company's CEO.