I think it is obvious that VUTV is making an effort to provide new service. If overseatv is out of business and out of money that is history.
I have not found another company that is offering premium content that can be viewed on a standard NTSC television set. Many compnaies offer low-priced service that does not include stations like ZDF and ARD and/or must be watched on a PC. There's nothing like getting 1,000 free TV stations on your computer and not one has programming worth watching.