Quote:
Originally Posted by Jameseh
1. Virgin would not have announced that they do not need to sell the channels and any one else saying so is not an announcement. Nor as per your wording did Virgin ever "need" to sell the channels.
2. They got 13 HD channels and £160 million, I'd say that fell under the category of 'something'.
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1. the exact wording was
"there was no compelling need to sell assets such as its pay-TV channels".
here is the link (feb 15th news)
http://www.advanced-television.com/2...5_feb19.htm#t1
2. VM didnt get 13 HD channels !!! VM got access to 12 Sky premium channels and 3 SKY HD basics on a 9 year access deal and lets remember this DOES NOT INCLUDE any future SKY owned HD/SD channels. of which only the 12 premium channels have been broadcast to retail.
to be honest a 9 year carrage deal and £160million for all VM`s TV assests is not at all a lot as in the end VM have sold their biggest dealing chip for future deals with SKY.
owning physical asssts has got to be better than a 9 year contract and some petty cash !!!