Quote:
Originally Posted by Digital Fanatic
No, it's just the broadcasting arm of VM... VM will continue as normal, just as a platform not a content provider - IF the sale goes through.
BTW Sky wouldn't be allowed to merge with VM as there would be virtually no competition for Sky.
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It's no good VM carrying on as a platform without access to viable content.
But as we've all said, that should have been secured in any deal worth the paper and there's always Ofcom.
---------- Post added at 15:37 ---------- Previous post was at 14:49 ----------
Just Seen This:-
Virgin has undertaken a series of refinancing deals that have reduced net debt and postponed the maturity dates of loans towards the end of the decade. Because of that, said Mr Berkett, there was "no compelling need" to sell assets such as Virgin Media's pay-TV channels, which include Living and Bravo.
Heres the source
http://www.ft.com/cms/s/0/5c024c4c-0...nclick_check=1
Although this was originally published Feb 2nd this year, it was updated today.