29-03-2017, 19:13
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#166
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The Dark Satanic Mills
Join Date: Dec 2003
Location: floating in the ether
Posts: 12,084
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Re: John Malone/Liberty/VM General News Thread
Well the top man in charge of Lightening has left to "pursue other interests"
Don't know who the four are but should be easy enough to work out.
I'd heard stories that this was going on. Not too surprising really. The Lightening team were/still are under immense pressure to hit the numbers. Seems that some would rather try to fudge it to pacify rather than come clean and disappoint.
__________________
The wheel's still turning but the hamsters dead.
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30-03-2017, 13:27
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#167
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FORMER Virgin Media Staff
Join Date: Dec 2010
Location: Warrington
Posts: 4,737
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Re: John Malone/Liberty/VM General News Thread
Seems problems like that run deep in certain parts of Virgin. I do distinctly remember being on certain teams that were "trailing" certain processes, except the results were planned out ahead of time and nobody wanted to listen to anything different.
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30-03-2017, 18:48
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#168
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The Dark Satanic Mills
Join Date: Dec 2003
Location: floating in the ether
Posts: 12,084
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Re: John Malone/Liberty/VM General News Thread
Well I know who's gone now.
Aside of that mix-reporting to the SEC is a serious issue, you could quite easily find yourself extradited to US and banged up.
What is does imply is that there is a culture of fear in some parts of the business, fearful of telling the truth that you haven't hit the numbers.
__________________
The wheel's still turning but the hamsters dead.
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30-03-2017, 19:03
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#169
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Perfect Soldier
Join Date: Mar 2009
Location: Worthing West Sussex
Age: 67
Services: VM 500M SH3 thingy
in modem mode
XL TV V6 Sony Bravia smart TV and M phone
Posts: 11,019
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Re: John Malone/Liberty/VM General News Thread
Quote:
Originally Posted by Pierre
Well the top man in charge of Lightening has left to "pursue other interests"
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Spending more time with his family.
Suddenly un-busy.
__________________
History is much like an endless waltz: The three beats of war, peace and revolution continue on forever.
However history will change with my coronation - Mariemaia Khushrenada
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01-04-2017, 16:02
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#170
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cf.mega poster
Join Date: Dec 2013
Posts: 14,330
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Re: John Malone/Liberty/VM General News Thread
The Times is today talking up an LGI-ITV deal.
Quote:
Speculation swirled around ITV again yesterday after a series of complex transactions involving Goldman Sachs and Liberty Global sent its shares sharply higher in the final minutes of trading...
On Wednesday, Liberty Global disclosed that it had loaned out nearly 400 million shares, but at the same time it had acquired an interest in an equal number of shares. It is understood that Liberty Global, which has been named as a potential buyer of ITV, has loaned some shares to Goldman Sachs as part of a financing of its position. It has the right to recall them at any time.
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Source (subscription)
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01-04-2017, 16:03
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#171
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Still alive and fighting
Join Date: Jun 2007
Location: In the land of beyond and beyond.
Services: XL BB, 3 360 boxes , XL TV.
Posts: 56,374
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Re: John Malone/Liberty/VM General News Thread
Well we shall see Andrew as you do have a penchant for optimism sometimes.
__________________
“The only lesson you can learn from history is that it repeats itself”
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01-04-2017, 16:30
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#172
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cf.mega poster
Join Date: Dec 2013
Posts: 14,330
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Re: John Malone/Liberty/VM General News Thread
Quote:
Originally Posted by denphone
Well we shall see Andrew as you do have a penchant for optimism sometimes.
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I'm quite happy with ITV staying independent, I think they do what they do well. But maybe it could give VM leverage to get a certain oceanic channel from Sky?
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01-04-2017, 16:33
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#173
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Still alive and fighting
Join Date: Jun 2007
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Re: John Malone/Liberty/VM General News Thread
Quote:
Originally Posted by 1andrew1
I'm quite happy with ITV staying independent, I think they do what they do well. But maybe it could give VM leverage to get a certain oceanic channel from Sky?
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Well Virgin so far have been trying for 5 years without success yet.
__________________
“The only lesson you can learn from history is that it repeats itself”
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01-04-2017, 16:44
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#174
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cf.mega poster
Join Date: Dec 2013
Posts: 14,330
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Re: John Malone/Liberty/VM General News Thread
Quote:
Originally Posted by denphone
Well Virgin so far have been trying for 5 years without success yet.
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Not misnamed then.
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01-04-2017, 21:59
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#175
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cf.mega poster
Join Date: Mar 2010
Posts: 12,313
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Re: John Malone/Liberty/VM General News Thread
Another terrestrial channel in American ownership no thanks
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02-04-2017, 05:12
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#176
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Still alive and fighting
Join Date: Jun 2007
Location: In the land of beyond and beyond.
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Posts: 56,374
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Re: John Malone/Liberty/VM General News Thread
Quote:
Originally Posted by muppetman11
Another terrestrial channel in American ownership no thanks
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l agree MM as history has taught us to be wary but many a time avaricious shareholders can't wait to make a fast buck sadly and thus sell out.
__________________
“The only lesson you can learn from history is that it repeats itself”
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03-04-2017, 10:44
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#177
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cf.mega poster
Join Date: Dec 2013
Posts: 14,330
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Re: John Malone/Liberty/VM General News Thread
Quote:
Originally Posted by denphone
l agree MM as history has taught us to be wary but many a time avaricious shareholders can't wait to make a fast buck sadly and thus sell out.
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It's really the system though. The shareholders are largely pension funds and PEPs etc who are tasked with getting the best return for their investors and pensioners. If they decide not to, their funds will suffer and they will be replaced by those who are prepared to make such decisions.
At the moment, it's all informed speculation on The Times's part which has newspapers to sell so it won't be averse to publishing this type of article!
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03-04-2017, 18:06
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#178
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cf.mega poster
Join Date: Mar 2010
Posts: 12,313
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Re: John Malone/Liberty/VM General News Thread
Quote:
Originally Posted by 1andrew1
It's really the system though. The shareholders are largely pension funds and PEPs etc who are tasked with getting the best return for their investors and pensioners. If they decide not to, their funds will suffer and they will be replaced by those who are prepared to make such decisions.
At the moment, it's all informed speculation on The Times's part which has newspapers to sell so it won't be averse to publishing this type of article!
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I'm well aware of the reasoning and how these things work but my point still stands do we really want all our terrestrial channels being run by Americans ?
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03-04-2017, 20:16
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#179
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cf.mega poster
Join Date: Dec 2013
Posts: 14,330
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Re: John Malone/Liberty/VM General News Thread
Quote:
Originally Posted by muppetman11
I'm well aware of the reasoning and how these things work but my point still stands do we really want all our terrestrial channels being run by Americans ?
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I was responding to Don's argument that shareholders were avaricious, I was not contradicting any points you had made.
I too would prefer it if ITV was independent. Reports today suggest that LGI is not acquiring any additional shares.
Quote:
Reuters ITV's shares pulled back on Monday after Liberum analysts said that it had spoken with the company and ITV had said that the move was not Liberty increasing their stake in ITV.
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http://www.reuters.com/article/uk-br...-idUKKBN1750ZU
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04-04-2017, 21:25
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#180
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Media Watcher
Join Date: Feb 2006
Location: Essex
Services: Sky, Cable & Freeview
Posts: 2,408
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Re: John Malone/Liberty/VM General News Thread
Perhaps the Liberty/GS loan could be related to Vofafone instead?
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