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Old 03-09-2010, 07:08   #25
ahardie
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Re: Admit it Virgin, You screwed up...

Quote:
Originally Posted by joff81 View Post
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 !!!
What a shock. Berkett says "I really don't want to part with these channels" when in actual fact he did.

People involved in selling something, whether it's a second hand car or some tv channels aren't in the habit of saying that they can't wait to get rid of them.
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