Quote:
Originally Posted by m419
Well if Virgin Media do sell the TV channels then they have failed. I think they should just get rid of the UKTV channels.
Rather than sell off Virgin Media TV, they would be better off offering more content and more channels, better still,they would better off at TV Broadcasting rather than being a service provider.
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And the multi-billion pound network fits into this how?
I'm re-reading and it still reads that you're suggesting that Virgin Media would be better off getting rid of the retail operation and becoming a broadcaster and content producer.
VMTV is not a core business. VM will ensure that they have access to the channels at reasonable rates written into the sale - they know given half the chance Sky would screw them over and will ensure that they don't.
VM are financially very savvy, note how they have consistently managed to stay ahead of the curve refinancing their debt with quite advantageous terms. If they think the time and value is right then it probably is, and there's no reason why selling to Sky would be an issue.
Most cable companies don't have content arms, doesn't make them a failure makes them a platform operator purchasing content and distributing it via their greatest asset, their network.
VM have plenty enough cash to not need to sell, if they do it will be purely for operational reasons.