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Old 04-06-2010, 15:45   #80
Chris
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Re: Acquisition by Sky of Virgin Media Television

Quote:
Originally Posted by TheDon View Post
VM employ some VERY intelligent people, they know what they're doing. They aren't amateurs in this. If you've spotted a potential pitfall you can bet your life that they will have as well. This isn't a deal that was done over a pint in an evening down the pub, there has been months (maybe even years?) of discussion, consultation, investigation and research into it. You don't sign these deals without covering all your bases.
I see ... which would be the reason VM bent over and took it up the wrongun when Sky demanded they slash the carriage charges for these channels a couple of years ago.

A situation that was only redeemed thanks to Sky's stupidity in trying to overcharge for its own Basics channels, thus giving VM an opportunity to stop carrying Sky One and then drag the whole lot back onto the table for renegotiation. A clever rearguard action, I admit, but only necessary because the original deal for carriage of their own channels on the Sky EPG was so weakly handled by VM.
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