Anyhow, let's stick to the topic please. There's an Atlantic/VM thread elsewhere. 
As regards whether VM were right to flog off their channels, well, what they've done is bet the family silver on the belief that On Demand is going to continually increase in popularity and linear broadcasting is going to decrease. They didn't believe they had the expertise to run channels as well as they need to be, but they do believe their technology gives them a massive lead over the opposition when it comes to VOD. They are positioning their business in accordance with that belief.
Only time will tell whether they have got it right.