Since Polsat gave excessive amounts of kroons to TV1 to pay its debts, coupled with uncertainties during the Sõnajalg administration, the channel shut down on October 3, 2001.
The initial plan was to broadcast a three-hour news schedule with a half-hour program repeated during the period, being interrupted when important stories were being held.
Oleg and Andres Sõnajalg wrote a document that would have allowed them to carry out the decision of the TV1 supervisory board to leave the mediation of ORTV advertising to themselves, but not to Ühispank and TV1.
Vallo Toomet, Chairman of the Board of Directors of TV1, located the document prepared on a computer on 12 November, the eve of the Fiscal Council meeting.
According to Killandi, the station was still operating at a loss, albeit ten times smaller compared to the one it had under its previous owners and had no debts to its employees.
[7] By then a plan was announced suggesting that the channel was to be sold to the Polish commercial network Polsat, owned by businessman Zygmunt Solorz-Żak.
Polsat also bought LNT in Latvia and BTV in Lithuania, with the aim of merging the three channels' managements and establishing a Baltic television network.
In May 2001, owing to challenges related to its reduced viewing share, the group invests 178 million kroons in order to keep the operations afloat.
In September 2001, Rait Killandi, president of the Council of Administration, put the channel at a crossroads, demanding it to either continue operating or closing it down.
It was initially built primarily on TV series, but within months from launch, it was ready to include feature filmes to its schedule.