Quote:
Originally Posted by jagsman
To all these people who are saying Virgin are ripping them off over the £7 HD charge. The price quoted by OFCOM was £5.89 exc VAT, which will make the cost £7.07 when VAT goes to 20%. So how are they making anything out of that.
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VAT rate is irrelevant when businesses buy off each other I'm afraid
Small but valid point
I do agree though that VM make very little profit on the premium channels and the new HD charge. They only do it to keep customers happy by giving them what they want.