Virgin Media News

[starsailor123uk]

Originally Posted by tweetypie/8

thanks tvboy for the info you are one cool dude

Was that a bump

[Media Boy UK]

Originally Posted by TV Boy

Virgin Media hopes for TV subs growth Virgin Media has moved to reassure the City by reporting that it hopes to return better-than-expected TV subscriber growth for the second quarter of 2007, following strong performances in April and May. Mediocre first quarter results led the cable giant to forecast negative TV subscriber growth in the second quarter as it counted the cost of the withdrawal of BSkyB's basic channels from its platform. However, in a statement this morning (8 June) Virgin Media said it has "benefited from reinvigorated communications and marketing, growing customer recognition of the value of our video-on-demand content and the inherent appeal of the new Virgin Media brand". For more info see here - http://www.broadcastnow.co.uk/broadc...StoryID=169394 Info from Broadcast and is FREE TO VIEW.

Update on that news on Friday: Virgin Media's shares rose on Friday 44p to 1270p. Valuing Virgin at £4.1bn. Virgin has a large customer base and £2bn annual revenues but also has £5bn debts, while profits are not expected until 2009. The Mail on Saturday says Virgin may put in a bid for Virgin Radio who owners SMG are trying to sell. Info from The Mail on Saturday.

[Dee4leeds]

Originally Posted by TV Boy

The Mail on Saturday says Virgin may put in a bid for Virgin Radio who owners SMG are trying to sell. Info from The Mail on Saturday.

Virgin as in Virgin Media or virgin as in the Virgin Group?

If it is VM then it will probably be becuase of skys desent into radio. (Wow did I sound like Mr State-the-obvioius)

[Media Boy UK]

Originally Posted by Dee4leeds

Virgin as in Virgin Media or virgin as in the Virgin Group?

If it is VM then it will probably be becuase of skys desent into radio. (Wow did I sound like Mr State-the-obvioius)

Maybe puting the bid in is Virgin...........








Media.

[grabbi]

£5bn debt is a bloody hefty amount! What the bloody hell have they been doing?!

They need to sort this out... We need some money pumping into this Company.

We have half the Customers Sky has, yet Sky has a Credit!

And aquisitions of more companies is ADDING to the debt!

[Media Boy UK]

Originally Posted by grabbi

£5bn debt is a bloody hefty amount! What the bloody hell have they been doing?! And aquisitions of more companies is ADDING to the debt!

The Mail on Saturday did not tsay what have they been doing to get into debt. I think it the money they have still have to pay back on their bank loan from when NTL takeover Telewest.

[on in an hour!]

Originally Posted by TV Boy

The Mail on Saturday did not tsay what have they been doing to get into debt. I think it the money they have still have to pay back on their bank loan from when NTL takeover Telewest.

and the virgin mobile takeover.this was over £700 mill.

[Media Boy UK]

Sky One's new US reality series Pirate Master found itself grounded on its first outing, getting 159,000 viewers and a share of just 1% of multichannel homes. The ensuing second episode only managed 57,000 (0.2%).

The 16-part series from Mark Burnett Productions, which sees contestants on a pirate galleon competing for prize money, launched at 7pm with 218,000 (1.65%) and saw its audience decline over the hour to 97,000 (0.62%) in the final 15 minutes.
Despite being given a helping hand with the 400th episode of The Simpsons performing strongly at 6.30pm with 725,000 (5.62%), the first edition of the reality show was significantly below the channel's slot average for the year so far of 425,000 (2.46%).

On other Channels that the time: [ Channels who beat Sky One ]
-ITV2's film Sister Act. The two-hour movie gained 475,000 (3.01%).

-A repeat of Friends on E4 with 322,000 (2.13%) at 7.30pm.

-BBC3 also managed to get the upper hand over Sky One with The Real Hustle at 7pm on 229,000 (1.68%) which was followed by Dog Borstal Unleashed with 204,000 (1.35%).

Info from Broadcast.

Full Story here. http://www.broadcastnow.co.uk/broadc...StoryID=169408

[Media Boy UK]

Did you know: News Corp [ Who own Fox Films & TV, Star TV, The Sun & The Times newspapers and own 30% of BSKYB. ] also own My Space.

[grabbi]

Yes I did. :P

[Media Boy UK]

ITN chief executive Mark Wood has said the news operation wouldn't rule out supplying news for a 24-hour TV news channel, if approached by another broadcaster. Recently there has been speculation that cable group Virgin Media is considering launching its own news channel to rival Sky News and BBC News 24, with some reports suggesting it may look to partner with a news producer such as ITN.

[matt_2k34]

Hey there

Dont panic, the £5bn Debt is the loan they got from the Government- they still havent paid off the network they own, which means bad news for me (they wont be rolling out to any other areas any time soon) - ontop of this debt they have (as you say) got all the takeover £££

Oh and BTW. for "legal reasons" Telewest "bought" NTL - (worked out cheaper but i cant remember the reason)

^ Or at least - thats what my research has told me about these two problems.

Oh if only VM would move closer :-)

[Toto]

Originally Posted by matt_2k34

Hey there

Dont panic, the £5bn Debt is the loan they got from the Government- they still havent paid off the network they own, which means bad news for me (they wont be rolling out to any other areas any time soon) - ontop of this debt they have (as you say) got all the takeover £££

Oh and BTW. for "legal reasons" Telewest "bought" NTL - (worked out cheaper but i cant remember the reason)

^ Or at least - thats what my research has told me about these two problems.

Oh if only VM would move closer :-)

The reason was the UKTV deal, under the deal if a company bought out Telewest, Flextech would have to pay a large sum of cash to the BBC because it owns a 50% stake in the UKTV network., I believe £100,000 was touted.

[mertle]

Originally Posted by grabbi

£5bn debt is a bloody hefty amount! What the bloody hell have they been doing?!

They need to sort this out... We need some money pumping into this Company.

We have half the Customers Sky has, yet Sky has a Credit!

And aquisitions of more companies is ADDING to the debt!

I far as I am aware this is from the days the cable company had to lay all those nice cables to all the homes. Yes some of this will also be down to the merging of cable companies. Sky on the other hand only have to pay to use astra service. So they are bound to have less debt or none.

It will take years to pay off the debt. However once it has done SKY know they would be in trouble. SKY cannot compete in america and this is there biggest fear.

Incidently apparantly Hull seperate cable company kingston comunications is up for offers by there council will Virgin media take this too. Would that then make virgin media the only cable company in the uk or is there any more out there

[havaska]

There are two more, the 'Small World' in the far north west of England and South Scotland, and Wight Cable which is only available on the Isle of Wight.