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Old 24-01-2017, 18:57   #267
1andrew1
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Join Date: Dec 2013
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Re: Coming Soon to Virgin Media TV (2017)

Quote:
Originally Posted by figgyburn View Post
Is it not john malone who owns both companies?.If he does it's not unheard of for profits of one company to help subsidise the other.Or am I completely wrong?.
He controls both companies but both have a majority of external shareholders and are separately listed on stock exchanges. So, you can't move money between the two companies as the owners (shareholders) of the companies concerned would be unhappy!
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