Inactive Digital |
28-11-2020 09:28 |
Re: Virgin TV 360 users (Horizon)
Quote:
Originally Posted by fox35
(Post 36060108)
Why would VM pay Liberty Global? Virgin Media IS Liberty Global. Liberty Global PAY Richard Branson's Virgin Group.
Virgin Media is just the brand name LG chose to continue to use under licence from the Virgin Group in the the UK and Eire. As discussed earlier, LG will also still have to pay TiVo/ROVI for elements of patented tech used in its Horizon software, similarly to Sky for software within its Sky+/Q and nearly all other PVR manufacturers which all use TiVo patents.
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Although LG owns VM, they are still separate companies. Liberty Global own the software and pay for the Horizon development, patent licences etc. So if Virgin Media don't pay LG in return, there's then a hole in LG's accounts. As jfman also says, if the LG company that owns the Horizon software is based in a lower tax jurisdiction, all the better for John Malone.
Quote:
Originally Posted by 1andrew1
(Post 36060109)
At the moment, both entities are indeed 100% owned by Liberty Global but next year, VM UK will only be 50% owned by Liberty Global, 50% Telefonica. The licencing fees will still continue then.
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Another good reason why VM pay LG.
Quote:
Originally Posted by jfman
(Post 36060113)
The obvious reason to ‘charge’ other entities where you are within the same umbrella is tax ‘efficiency’. The other is to make it easier to sell constituent parts off at a later date.
On a separate note my shiny new remote is due on Tuesday.
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It sounds like the 360 is more similar to Sky Q than Tivo in terms of functionality. There were a few features I really missed when I switched to Q: mainly wishlists and 14 day EPG (which I still miss 4 years later!)
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