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Re: US Cable Giant Liberty Global buys Virgin Media
Liberty chief sets out Virgin growth plans.
http://www.broadcastnow.co.uk/news/b...059033.article
Quote:
Liberty Global founder John Malone has addressed rank-and file Virgin Media employees and Chellomedia content staff at a town hall meeting in London.
Malone, who rarely travels by plane, made a trip from the US to rally staff at the meeting and cement plans to grow the cable business over the next few years.
During an open question-and-answer session at the Queen Elizabeth II Conference Centre, Malone talked about his history in the UK – he was previously a shareholder in Telewest – and how the market has changed over the past 10 years.
Malone also talked through growth opportunities, particularly around innovations for Virgin Media’s television service and quad-play offer.
Liberty Global acquired Virgin Media in February for £10.2bn and Malone reiterated that the deal was designed to quickly add significant scale in Europe’s largest and most dynamic media market.
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“The only lesson you can learn from history is that it repeats itself”
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