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Ignitionnet · 21-07-2009, 21:40

Mistake, but if Sky are offering the highest bid VM have to come up with some seriously good reasons to their shareholders why they declined it.

The clause is not an uncommon one - it should be remembered that VM and News Corp, through their holding in BSkyB, are competitors! No doubt there will also be a clause there guaranteeing VM carriage of all the channels for the foreseeable future also.

It's not about sticking it to 'the man' it's just business. VM are perfectly happy to sell to Sky but are not naive enough to underestimate Sky's 'Uncle Rupert' and the reach of his company.

21-07-2009, 21:40	#28
Ignitionnet Inactive Join Date: Jun 2008 Location: Leeds, West Yorkshire Age: 47 Posts: 13,995	Re: Sky makes £160m bid for VM channels Mistake, but if Sky are offering the highest bid VM have to come up with some seriously good reasons to their shareholders why they declined it. The clause is not an uncommon one - it should be remembered that VM and News Corp, through their holding in BSkyB, are competitors! No doubt there will also be a clause there guaranteeing VM carriage of all the channels for the foreseeable future also. It's not about sticking it to 'the man' it's just business. VM are perfectly happy to sell to Sky but are not naive enough to underestimate Sky's 'Uncle Rupert' and the reach of his company.