US Cable Giant Liberty Global buys Virgin Media
 

Also a possible takeover by a company with very deep pockets

http://www.ft.com/home/uk

http://www.reuters.com/article/2013/...91409220130205

Re: Virgin Media Fourth Quarter 2012 Results
 

Indeed Liberty Global but whether anything happens is another matter TB but it would be interesting nevertheless.

http://en.wikipedia.org/wiki/Liberty_Global

Virgin up for sale?
 

Looks German outfit Liberty Media fancy a crack at Virgin.

I reckon $40 a share would do it.

http://www.telecompaper.com/news/vir...ntent=textlink

I hope they fail though, don't fancy being run by the krauts.

VM don't deny it and confirm they are in talks.

Re: Virgin up for sale?
 

Can't be any worse than the current regime.

Re: Virgin up for sale?
 

Liberty are american, they have interests in Germany (other cable companies) these guys have very deep pockets so it could be a good thing

Re: Virgin up for sale?
 

Bit of a non-comment that, as yes, they could easily be worse than the current regime.

---------- Post added at 09:23 ---------- Previous post was at 09:21 ----------

MY mistake, I mis-read the article.

Yes they are yanks, that have bought into Germany, and Belgium.

Re: Virgin up for sale?
 

Maybe a good thing John Malone (Liberty) is a big rival for Rupert Murdoch in Pay TV etc.

J

Re: Virgin up for sale?
 

Well it would certainly be interesting seeing a three way battle for customers between SKY,BT and the new owners of VM if it ever happens.

Re: Virgin up for sale?
 

Certainly is, could be good fun :-)

Re: Virgin up for sale?
 

Another report on this story

http://www.guardian.co.uk/media/2013...ver?CMP=twt_fd

Re: Virgin up for sale?
 

Interesting times. See also http://www.guardian.co.uk/media/2013...lobal-takeover

From a consumer point of view, increased competition is a two-edged thing.

If it led to more intensive bidding for rights etc., this could push up the cost of those rights. In this case the ultimate winners would be the Premier League and the fat cat US TV and film studios, and the losers us poor customers facing either higher subscriptions or even binary choices between which network carried the things we wanted to watch - Sky, Virgin, BT each not carrying everything.

Be careful what you wish for!

Re: Virgin up for sale?
 

Liberty tend not to go toe to toe with News corp so don`t get your hopes up.
Clearly their buying power is greater - Perhaps they want TiVo for the rest of Europe ( unless they have it :dozey:) Would expect back room job cuts if take over went ahead .:erm:

Re: Virgin up for sale?
 

Don't care, bye bye Virgin Media! Glad I left them!

Re: Virgin up for sale?
 

Great feedback - very helpful - Thankyou

Re: Virgin up for sale?
 

Well each to their own opinion.:)