Quote:
Originally Posted by warrenb
I think what Mike Fries said about Netflix is telling. He is basically saying we don't really care about TV, but broadband is a different matter, you need that to watch Netflix etc, so money from TV is a bonus but our main thrust is to supply infrastructure for the broadband.
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Well, that's one interpretation, but if you believe that actions speak louder than words, you have to put that in the context of the two new senior guys who have been appointed to bolster Virgin's TV content.
Broadband is certainly the big moneyspinner for Virgin, but they cannot afford to maintain their previous laxadasical attitude to the TV side of their business if they are to attract customers who want comprehensive broadband/TV/landline/mobile packages.
I think the LG view is more that ownership of the content is not the issue, it's the provision of that content to customers that is key.