[SMHarman]

Originally Posted by SMHarman

This valuation / sale is all about
http://www.virginmediatv.co.uk/
not
http://www.virginmedia.com/
http://www.virginmedia.com/about/
http://investors.virginmedia.com/pho...485&p=irol-faq
Virgin Media Inc. is a Delaware corporation and is publicly-traded in the US on the Nasdaq Global Select Market under the symbol "VMED".

Virgin Media owns two content businesses - Virgin Media Television (VMTV) and sit-up. VMTV owns seven entertainment channels - LIVINGtv, LIVINGtv 2, Bravo, Bravo 2, Challenge, Trouble and Ftn - and is a 50% partner in UKTV which consists of ten channels including UKTV Gold and UKTV History. sit-up runs retail TV channels bid tv, price-drop tv and speed auctiontv.

Must be in fashion this week
http://news.yahoo.com/s/afp/20080430...r_080430192248
http://www.nytimes.com/2008/04/30/bu...arner-web.html

Time Warner Spinning Off Cable Unit
By TIM ARANGO
Jeffrey L. Bewkes, the chief executive of Time Warner, continued to trim what has for years been the world’s largest media company by announcing Wednesday that it would completely spin off its cable company.

The news — which was not unexpected and follows an earlier transaction in which a portion of the cable unit was spun off into a separate public company — came as Time Warner reported quarterly earnings that were largely in line with Wall Street’s expectations.

“We’ve decided that a complete structural separation of Time Warner Cable, under the right circumstances, is in the best interests of both companies’ shareholders,” Mr. Bewkes said Wednesday in a statement. “We’re working hard on an agreement with Time Warner Cable, which we expect to finalize soon.”

Separating content from distribution