Thread: General Virgin TV 360 users (Horizon)
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Old 28-11-2020, 08:58   #242
jfman
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Re: Virgin TV 360 users (Horizon)
Quote:
Originally Posted by 1andrew1 View Post
Liberty Global's software arm is an independent entity from Virgin Media. So there will be a payment from VM for its services. There are clear benefits to this - one being if you sell the software or ISP businesses, you know the true costs of running that business which we would be more opaque if you didn't agree a charge.

At the moment, both entities are indeed 100% owned by Liberty Global but next year, VM UK will only be 50% owned by Liberty Global, 50% Telefonica. The licencing fees will still continue then.
The obvious reason to ‘charge’ other entities where you are within the same umbrella is tax ‘efficiency’. The other is to make it easier to sell constituent parts off at a later date.

On a separate note my shiny new remote is due on Tuesday.
Last edited by jfman; 28-11-2020 at 09:03.
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