Thread: Virgin Media prepares to offload its content division
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Old 13-05-2009, 02:32   #49
spankysmagicpian
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Re: Sky to buy vm channels?
Quote:
Originally Posted by mentalis View Post
I don't think C4 have a lot of readies either. Not sure about Time Warner though.
CH 4 have quite a few readies in the bank at the moment but they are currently arguing over a funding gap of about £150 million so I doubt buying the VM channels would help their cause right now.

Time Warner lost £11 billion last quarter so who knows?

Sky... are probably in the strongest position as they haven't been forced to sell the ITV shares yet and as was seen with the purchase of Easynet...they can always find the cash when needed.

I do hope that Sky don't win through though. I would imagine that Living is the strongest performing channel out of the bouquet on offer and would this possibly lead to another ransom situation at renewal time?
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