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US Cable Giant Liberty Global buys Virgin Media
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Old 05-02-2013, 09:05   #1
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US Cable Giant Liberty Global buys Virgin Media

Also a possible takeover by a company with very deep pockets

http://www.ft.com/home/uk

http://www.reuters.com/article/2013/...91409220130205
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Old 05-02-2013, 09:17   #2
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Re: Virgin Media Fourth Quarter 2012 Results

Indeed Liberty Global but whether anything happens is another matter TB but it would be interesting nevertheless.

http://en.wikipedia.org/wiki/Liberty_Global
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Old 05-02-2013, 10:08   #3
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Virgin up for sale?

Looks German outfit Liberty Media fancy a crack at Virgin.

I reckon $40 a share would do it.

http://www.telecompaper.com/news/vir...ntent=textlink

I hope they fail though, don't fancy being run by the krauts.

VM don't deny it and confirm they are in talks.
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Old 05-02-2013, 10:14   #4
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Re: Virgin up for sale?

Can't be any worse than the current regime.
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Old 05-02-2013, 10:21   #5
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Re: Virgin up for sale?

Quote:
Originally Posted by Pierre View Post
Looks German outfit Liberty Media fancy a crack at Virgin.

I reckon $40 a share would do it.

http://www.telecompaper.com/news/vir...ntent=textlink

I hope they fail though, don't fancy being run by the krauts.

VM don't deny it and confirm they are in talks.
Liberty are american, they have interests in Germany (other cable companies) these guys have very deep pockets so it could be a good thing
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Old 05-02-2013, 10:23   #6
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Re: Virgin up for sale?

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Originally Posted by Dash: CF noob View Post
Can't be any worse than the current regime.
Bit of a non-comment that, as yes, they could easily be worse than the current regime.

---------- Post added at 09:23 ---------- Previous post was at 09:21 ----------

Quote:
Originally Posted by Top banana View Post
Liberty are american, they have interests in Germany (other cable companies) these guys have very deep pockets so it could be a good thing
MY mistake, I mis-read the article.

Yes they are yanks, that have bought into Germany, and Belgium.
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Old 05-02-2013, 10:29   #7
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Re: Virgin up for sale?

Maybe a good thing John Malone (Liberty) is a big rival for Rupert Murdoch in Pay TV etc.

J
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Old 05-02-2013, 10:39   #8
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Re: Virgin up for sale?

Well it would certainly be interesting seeing a three way battle for customers between SKY,BT and the new owners of VM if it ever happens.
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Old 05-02-2013, 10:39   #9
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Re: Virgin up for sale?

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Originally Posted by jamiefrost View Post
Maybe a good thing John Malone (Liberty) is a big rival for Rupert Murdoch in Pay TV etc.

J
Certainly is, could be good fun :-)
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Old 05-02-2013, 10:42   #10
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Re: Virgin up for sale?

Another report on this story

http://www.guardian.co.uk/media/2013...ver?CMP=twt_fd
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Old 05-02-2013, 10:43   #11
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Re: Virgin up for sale?

Interesting times. See also http://www.guardian.co.uk/media/2013...lobal-takeover

From a consumer point of view, increased competition is a two-edged thing.

If it led to more intensive bidding for rights etc., this could push up the cost of those rights. In this case the ultimate winners would be the Premier League and the fat cat US TV and film studios, and the losers us poor customers facing either higher subscriptions or even binary choices between which network carried the things we wanted to watch - Sky, Virgin, BT each not carrying everything.

Be careful what you wish for!
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Old 05-02-2013, 11:01   #12
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Re: Virgin up for sale?

Quote:
Originally Posted by denphone View Post
Well it would certainly be interesting seeing a three way battle for customers between SKY,BT and the new owners of VM if it ever happens.
Liberty tend not to go toe to toe with News corp so don`t get your hopes up.
Clearly their buying power is greater - Perhaps they want TiVo for the rest of Europe ( unless they have it ) Would expect back room job cuts if take over went ahead .
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Old 05-02-2013, 11:10   #13
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Re: Virgin up for sale?

Don't care, bye bye Virgin Media! Glad I left them!
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Old 05-02-2013, 11:13   #14
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Re: Virgin up for sale?

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Don't care, bye bye Virgin Media! Glad I left them!
Great feedback - very helpful - Thankyou
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Old 05-02-2013, 11:20   #15
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Re: Virgin up for sale?

Quote:
Originally Posted by telfordcable View Post
Don't care, bye bye Virgin Media! Glad I left them!
Well each to their own opinion.
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