Today’s big round of cuts announced by the BBC—it will lose some 2,000 jobs, order relocations for others, and make big changes to the programming schedule in order to cut 20 percent from the BBC budget—largely left digital assets at the corporation untouched. But that’s mainly because the BBC had…

Now is kill-or-cure time for troubled UK TV-VOD service SeeSaw, which has not received promised investment. Platform controller John Keeling, commercial director Matt Rennie and product director Richard Dines resigned last night.

The TV-VOD rollercoaster that is SeeSaw is still waiting for an overdue promised investment to arrive. But it will likely need to cut costs even if the money materialises.

The rumours are true - after missing out on buying MySpace (NSDQ: NWS) last month, Criterion Capital Partners is acquiring SeeSaw, the UK on-demand TV service, paidContent:UK has learned.

The private equity turnaround company which took Bebo off AOL’s hands is negotiating a buy-out of the underperforming UK TV site SeeSaw, which was put up for sale last month.

UK transmitter operator Arqiva is pulling the plug on SeeSaw, the commercial TV VOD aggregator that was formed from Project Kangaroo’s ashes and which has failed to make any impact, explaining: “Following a strategic review of its business activities… Arqiva is no longer able to support the service.”

The UK’s two main industry VOD ventures to have emerged from public broadcasting are turning over some of their top staff… A month after its launch was delayed to at least early 2012, the chair of the UK’s YouView connected-TV consortium is leaving.

The UK’s Competition Commission may have outlawed the BBC/ITV/C4 commercial VOD venture Project Kangaroo on antitrust grounds, but there’s still appetite for a grand online TV JV in the UK. Five CEO Dawn Airey says broadcasters here are “staring into the abyss” if they don’t form a Hulu-like alliance, according…