Quote:
Originally Posted by harry_hitch
With all the talk of ITV Encore, do I remember correctly that when Sky and ITV agreed on the ITV Encore deal, Sky were shareholders in ITV, thus making the deal a sensible idea at the time. After the deal was struck, did Sky not effectively sell their shares to LG who could (in theory) have struck a different deal to that over-rode the previous Sky-ITV agreement?
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Sky were, indeed, shareholders in ITV at the time. But a minority shareholding giving them no effective control over ITV, largely irrelevant as far as the deal for ITV Encore is concerned.