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Re: Acquisition by Sky of Virgin Media Television
Those who think that Sky are now in a dominating position with the pay channels should remember that with those ex-VM channels, Sky's share of the UK audience soars from 7% to ... 10%. Advertising share from 16% to 19.5%. Hardly a quantum shift. Now if Murdoch Jnr's plans for ITV had taken off, that would be different, but these are small channels and best sold by Virgin, especially with the HD, red button and on demand stuff soon to flow our way.
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