Editing Mega Channel (section)

===Financial problems and subsequent closure===
Since 2012, the parent company had been experiencing financial issues due to poor borrowing practises. In 2016, the channels debts were reported to be approximately €116 million. At the same time, reports of staff being unpaid began to emerge.

In 2016, it was reported that the company was restructuring loans in order to continue operations. This was despite the fact the company didn't proceed with a share capital increase of 15 million euros that was agreed in exchange for the banks agreeing to extend their return to 2021.

The staff of Mega Channel continued to keep the channel on air despite not being paid and being ignored by the parent company. The decision was taken to cease all news and live programming and instead focus on rebroadcasting content from their extensive program library without commercial breaks.

Mega continued broadcasting until it was removed from the platforms. The channel was removed by [[Digea]] (the company responsible for digital over-the-air broadcasting in Greece) at 02:08:36 on the morning of 28 October 2018. The channel was then also removed from pay-TV platforms on 20 November 2018. The channel did continue to broadcast via online streaming from its webpage.