Can someone confirm this...

willas00 · 22-06-2008, 22:14

I've allways been under the impression that Virgin Media was owned by Sir Richard Branson or he has Shares in the company. I've never been certain and can't back up what im saying to say if its true or false.

However I was at work Yesterday and one of the Security Guards said he used to work for Virgin Media as an Engineer and said to me that its owned by NTL:Telewest still but uses the Virgin brand so Sir Richard Branson gets paid a loyalty fee.

Which of course would be correct either way but could someone confirm whats true and not in regards to who owns the company.

Thanks

Morden · 22-06-2008, 22:27

http://www.guardian.co.uk/media/2008...yb.virginmedia

LondonRoad · 22-06-2008, 22:28

RB is a lmajor shareholder but doesn't own VM. VM do pay an fee for the use of the Virgin name. It's a common business practice.

22-06-2008, 22:29

Quote:

Originally Posted by willas00

I've allways been under the impression that Virgin Media was owned by Sir Richard Branson or he has Shares in the company. I've never been certain and can't back up what im saying to say if its true or false.

However I was at work Yesterday and one of the Security Guards said he used to work for Virgin Media as an Engineer and said to me that its owned by NTL:Telewest still but uses the Virgin brand so Sir Richard Branson gets paid a loyalty fee.

Which of course would be correct either way but could someone confirm whats true and not in regards to who owns the company.

Thanks

Your Security Guard is quite right, NTL and Telewest are there but with a new name, Virgin Media lease the use of the name from Virgin and Richard Branson owns only 10% of the business but it is the biggest single owned portion.

Remember when a Snickers bar used to be called a Marathon bar its just a re branding exercise.

willas00 · 22-06-2008, 22:39

Quote:

Originally Posted by whydoIneedatech

Your Security Guard is quite right, NTL and Telewest are there but with a new name, Virgin Media lease the use of the name from Virgin and Richard Branson owns only 10% of the business but it is the biggest single owned portion.

Remember when a Snickers bar used to be called a Marathon bar its just a re branding exercise.

Cheers and I guess because 10% of the business is owned by Richard Branson its also why staff get discounts on all Virgin Products I guess

Thanks

22-06-2008, 23:07

Quote:

Originally Posted by willas00

Cheers and I guess because 10% of the business is owned by Richard Branson its also why staff get discounts on all Virgin Products I guess

Thanks

We do

v0id · 22-06-2008, 23:14

Quote:

Originally Posted by whydoIneedatech

Remember when a Snickers bar used to be called a Marathon bar its just a re branding exercise.

They're supposed to be bringing back Marathon

22-06-2008, 23:32

Quote:

Originally Posted by v0id

They're supposed to be bringing back Marathon

People will be expecting NTL and Telewest back now

moaningmags · 23-06-2008, 00:07

Quote:

Originally Posted by whydoIneedatech

People will be expecting NTL and Telewest back now

Dunno about the NTL but I'd love Telewest back.

tvtimes · 26-06-2008, 08:18

Quote:

Originally Posted by whydoIneedatech

Richard Branson owns only 10% of the business but it is the biggest single owned portion.

Not quite right anymore. Riversource own a larger percentage than Branson.

FairyFairy · 26-06-2008, 09:47

Well I've got an ntl web address although I signed up with Virgin Media

26-06-2008, 10:08

Quote:

Originally Posted by tvtimes

Not quite right anymore. Riversource own a larger percentage than Branson.

I said single owned percentage not company owned which does make him personally the biggest single stakeholder in the company.

---------- Post added at 11:08 ---------- Previous post was at 11:06 ----------

Quote:

Originally Posted by FairyFairy

Well I've got an ntl web address although I signed up with Virgin Media

You will soon be offered the option of a virginmedia.com addy as will all blueyonder.co.uk customers, and you will still receive emails from your original addy if you take one.

FairyFairy · 26-06-2008, 10:23

Quote:

Originally Posted by whydoIneedatech

.............
You will soon be offered the option of a virginmedia.com addy as will all blueyonder.co.uk customers, and you will still receive emails from your original addy if you take one.

I'm wondering when the 'soon' might be!!!

Its been 'very shortly' from Virgin Media which I took to mean a couple of days!!

26-06-2008, 19:29

Quote:

Originally Posted by FairyFairy

I'm wondering when the 'soon' might be!!!

Its been 'very shortly' from Virgin Media which I took to mean a couple of days!!

They have not even told us when

r00t · 26-06-2008, 20:30

Quote:

Originally Posted by moaningmags

Dunno about the NTL but I'd love Telewest back.

feeling that Mags