15-01-2015, 23:40
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#1
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cf.mega poster
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Who Owns Virgin Media?
According To wikipedia it saids Liberty Global but i thought it was richard branson
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15-01-2015, 23:41
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#2
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cf.geek
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Re: Who Owns Virgin Media?
Liberty
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16-01-2015, 00:34
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#3
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cf.mega poster
Join Date: Aug 2004
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Re: Who Owns Virgin Media?
God
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16-01-2015, 02:50
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#4
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cf.mega poster
Join Date: Jun 2003
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Re: Who Owns Virgin Media?
Branson has never owned VM. Broadly speaking NTL:Telewest bought the right to use the Virgin Mobile name and it went from there IIRC.
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16-01-2015, 05:29
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#5
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Inactive
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Re: Who Owns Virgin Media?
Just like the trains and money side, Branson only leases the Virgin name to them. He has no say in the way the company is run. It still surprises me that people think Branson runs all these Virgin companies.
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16-01-2015, 07:27
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#6
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Permanently Banned
Join Date: Dec 2003
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Re: Who Owns Virgin Media?
Quote:
Originally Posted by Russ
Branson has never owned VM. Broadly speaking NTL:Telewest bought the right to use the Virgin Mobile name and it went from there IIRC.
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Correct. Dickie boy get around £30million in his sky rocket every year for the use of his brand.
NTL:Telewest was owned by many people. big movers were the Huffs IIRC
Virgin Media was sold to John Malone, and is now a subsidiary of Liberty Global. It is not a company in its own right anymore.
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16-01-2015, 09:45
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#7
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Guest
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Re: Who Owns Virgin Media?
Quote:
Originally Posted by MarkC1984
Just like the trains and money side, Branson only leases the Virgin name to them. He has no say in the way the company is run. It still surprises me that people think Branson runs all these Virgin companies.
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I think there is some set criteria from Virgin Group that they have to meet though
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16-01-2015, 09:48
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#8
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Inactive
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Re: Who Owns Virgin Media?
Quote:
Originally Posted by Mr Banana
I think there is some set criteria from Virgin Group that they have to meet though
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Yes pay me some money and you can have this lovely colour scheme plastered all over your website, vehicles etc.
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16-01-2015, 09:52
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#9
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Smeghead
Join Date: Feb 2004
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Re: Who Owns Virgin Media?
Well I think people thought Branson owned the company as it uses his name and also he was always on the adverts and in publicity.
He was given a percentage share in the company among other things. I think to a point he was involved in the company because when the VM branding first started he toured all the VM office sites.
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16-01-2015, 13:38
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#10
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Inactive
Join Date: Jun 2008
Location: Leeds, West Yorkshire
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Re: Who Owns Virgin Media?
Quote:
Originally Posted by Stephen
He was given a percentage share in the company among other things.
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Yeah, he was given that in return for his controlling stake in Virgin Mobile rather than for use of the name per se - rather than using cash ntl:Telewest bought his 72% of Virgin Mobile with shares in the new combined group.
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16-01-2015, 19:42
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#11
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Inactive
Join Date: Mar 2005
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Re: Who Owns Virgin Media?
Quote:
Originally Posted by MarkC1984
Just like the trains and money side, Branson only leases the Virgin name to them. He has no say in the way the company is run. It still surprises me that people think Branson runs all these Virgin companies.
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But thats why it works
---------- Post added at 20:42 ---------- Previous post was at 20:40 ----------
Quote:
Originally Posted by arcimedes
Yes pay me some money and you can have this lovely colour scheme plastered all over your website, vehicles etc.
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True but you have to but into the Virgin values ect, this has definitely turned around what was NTL:Telewest for the better
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17-01-2015, 13:15
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#12
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cf.mega poster
Join Date: Jan 2008
Posts: 11,020
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Re: Who Owns Virgin Media?
Quote:
Originally Posted by sollp
But thats why it works
---------- Post added at 20:42 ---------- Previous post was at 20:40 ----------
True but you have to but into the Virgin values ect, this has definitely turned around what was NTL:Telewest for the better
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Absolutely, it was atrocious before.
Quote:
Originally Posted by Stephen
Well I think people thought Branson owned the company as it uses his name and also he was always on the adverts and in publicity.
He was given a percentage share in the company among other things. I think to a point he was involved in the company because when the VM branding first started he toured all the VM office sites.
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It was said that it was Branson that had the childish renames of former Sky channels removed after they were pulled.
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17-01-2015, 21:52
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#13
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Permanently Banned
Join Date: Dec 2003
Location: floating in the ether
Posts: 13,331
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Re: Who Owns Virgin Media?
Quote:
Originally Posted by RichardCoulter
It was said that it was Branson that had the childish renames of former Sky channels removed after they were pulled.
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No idea?
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17-01-2015, 22:25
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#14
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cf.mega poster
Join Date: Jan 2008
Posts: 11,020
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Re: Who Owns Virgin Media?
Quote:
Originally Posted by Pierre
No idea?
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When the Sky channels were pulled in the carriage dispute, Sky One was changed to Sky Gone, Sky News was changed to Sky Snooze etc. Branson is said to be the one behind having the names changed back as he thought it was a childish act by VM.
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17-01-2015, 22:34
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#15
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cf.mega poster
Join Date: Aug 2004
Posts: 11,207
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Re: Who Owns Virgin Media?
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