Quote:
Originally Posted by MrB
It wasn't only Neil who mentioned the £5 per month fee - one of the other presenters further down also talked about increasing to £5 per month, costing them £3 cost per month (in the spirit of highlighting that the new pricing would increase income). They also drew attention to the fact they had done research and the price rises would not lead to excessive churn. If you can be bothered it is an interesting read.
If you were cynical, you would say their "reserving the right to raise prices but price rises won't affect existing customers" statement gets them out of the negative comments now on here and other discussion boards, and this will be revisited later in the year using their reserved right, as the statement to investors is in all likelihood true (they have the financial year to implement and were probably planning to impliment later in the year anyway!).
MrB
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That's the way I read it. Neil B's speech to investors yesterday wouldn't have been an off the cuff statement, but carefully prepared. Doesn't seem to have convinced them, VM's share price is down 4 % in 10 minutes trading this morning. It's obvious they want to get us all on the £5 TiVo charge at some point. Trying to quash this by issuing 'reserve the right' statements, banning people from their forum and locking threads is a mistake.