Commissioned by Alpha TV and executive director Stathis Tsotsoros,[1] the platform was launched on October 29, 2001[2] and shut down around a year later, September 11, 2002, due to financial difficulties and a low number of 40.000 subscribers.
[10][1] On November 28, 2000, broadcast licenses were first given to Alpha Digital Synthesis, regarding the then-upcoming platform, for its featured stations be later transmitted through satellites Eutelsat 16B and Hot Bird 1.
[13] Prior its launch, football clubs would be offered 24 billion drachmas in total, to abandon rival platform Nova in favor of Alpha Digital.
[18][19] AEK on the other hand, sued NetMed because of the terms of the agreement made between the two in summer 2001, which the football club itself decided to cancel.
[32] There was also the prospect of Alpha Digital Synthesis (which was now managed by the Onassis Foundation, as a result of an agreement in exchange for its departure from the channel's owner)[1] merging with NetMed.
[1] In August 2008, prosecution to the degree of felony was done by the Public Prosecutor's Office of First Instance Court, following an order by the Public Prosecutor's Office of Appeals, against Dimitris Kontominas and other people sued by Stathis Tsotsoros, regarding the case of transfer of 25% shares from the Onassis Foundation to George Psarras, a close partner of Dimitris Kontominas.