Setanta has been put onto administration and the plug is expected to be pulled on its UK output.
However some other divisions of the company, such as Setanta Ireland, will remain in business for the time being.
Setanta had a deal with the Conference which brought much needed income for the clubs. It is thought the rights will be offered to other broadcasters.
The deal was said to be worth around £60,000 per club plus a fee per live game broadcast.