Quote:
Originally Posted by Chris
Virgin would be extremely stupid to sell them to Sky at any price. They would be completely at the mercy of a company that runs not only the most successful pay-TV delivery platform, but also the most successful channels. Virgin would be left with only a delivery platform, and totally reliant on its major competitor to provide any decent content to show on it.
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I'm wondering though how much of an improvement Sky could make to those channels if it did buy them, but before that could happen how much time would have to lapse before the sale is agreed assuming the sale would require ofcom approval.
Do VM take the lower bid risking little if any ofcom oversight (assuming the buyer wouldn't come under ofcom), or do they go for the big money and a lengthy wait for the cheque to clear whilst ofcom take their time?
