Despite several interested parties, the administrators were unable to find a buyer for the company and effectively put it into liquidation on 26 April 2002.[48] Most subscription channels stopped broadcasting on ITV Digital on 1 May 2002 at 7 am, with only free-to-air services continuing.[49][50] The next day, ITV chief executive Stuart Prebble quit.[51] In all, 1,500 jobs were lost by ITV Digital's collapse.[52] ITV Digital was eventually placed into liquidation on 18 October, with debts of £1.25 billion.[53]