According to a press release today, "British Sky Broadcasting (Sky; LSE:BSY) and Virgin Media (NASDAQ:VMED)(LSE:VMED) today announced that they have reached agreement for the acquisition by Sky of Virgin Media Television (VMtv)."
http://pressoffice.virginmedia.com/p...556&highlight=
I've spent years trying to avoid giving direct money to Rupert Murdoch and now the only way to do this will be to cancel the cable tv.
Edit Rob: Thread title changed to remove "Disaster" as that seems inappropriate for what has become Cable Forum's main discussion on this significant change, which some will welcome and others will have reservations.