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Old 14-01-2008, 12:56   #361
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Re: Virgin Media News

BSkyB gets extension to ITV appeal deadline

BSkyB has been given until the end of the month to appeal against the Competition Commission's recommendation that it reduces its controversial 17.9% stake in ITV to less than 7.5%.

Plus

David Elstein is expected to step down from the Virgin Media board after serving five years as a non-executive director.

Both storys from Broadcastnow.

I know this is old news but on December 18th 2007 Virgin Media announced that Charles Gallagher, a Director of Virgin Media, has resigned from its Board of Directors and will join the company's executive management team as Senior Vice President - Finance. George Zoffinger has succeeded Charles as Chairman of the Audit Committee. Edwin Banks has also joined the Audit Committee as an additional member.

In his new role, Charles will focus on providing senior finance support on the operational side, in particular at the division level, with a view to enhancing the effective implementation of Virgin Media's strategic priorities. He will take up his new position in January and report to Jacques Kerrest, Virgin Media's Chief Financial Officer, who has signed a new agreement extending his existing contract to December 31, 2008.

Info from Virgin Media.com
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