Quote:
Originally Posted by thunderlips
do LG have to pay virgin to use name : virgin media? when they take over ?
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Ok, Virginmedia is still a company with its own profits and loses and debt etc so Virginmedia will still have agreements it has to honor.
It may eventually be part of a larger "company" but it still has its own liability's. Just like how FORD Europe can be losing money and cut jobs, but FORD usa Can be making record profits and take on 1000 workers.
So if Virginmedia pay to use the Virgin brand then it will come from Virginmedias pocket not Libert cable. Just like if Virginmedia went bankrupt it would not also bring down Liberty or UPC/