Liberty global may take over itv
30-08-2014, 22:06
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#1
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cf.mega poster
Join Date: Dec 2013
Posts: 15,696
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LGI canvases ITV shareholders for a takeover?
Quote:
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Daily Telegraph Liberty Global, the owner of Virgin Media, controlled by the American billionaire John Malone, is canvassing support from major ITV shareholders following its acquisition this summer of a 6.4pc stake, raising speculation of a full takeover bid.
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http://www.telegraph.co.uk/finance/n...-takeover.html
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31-08-2014, 05:38
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#2
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Still alive and fighting
Join Date: Jun 2007
Location: In the land of beyond and beyond.
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Re: LGI canvases ITV shareholders for a takeover?
Its just a matter of time.....
__________________
“The only lesson you can learn from history is that it repeats itself”
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31-08-2014, 10:20
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#3
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Inactive
Join Date: May 2012
Location: Probably outside the M25
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Re: LGI canvases ITV shareholders for a takeover?
Interesting news!
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31-08-2014, 12:10
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#4
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Inactive
Join Date: Mar 2010
Posts: 12,313
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Re: Liberty global may take over itv
With the exception of ITV Encore and HD variants of ITV 2-4 all those channels are available FTA on the likes of Freeview and Freesat.
Sky obviously weren't overly concerned about the situation considering they sold Liberty Global there 6.4% stake in ITV.
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31-08-2014, 12:20
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#5
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Rise above the players
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Re: Liberty global may take over itv
The point is that VM will now have its own content and it can build on these channels fairly easily.
Just because ITV 2 - 4 are currently free to air, that doesn't mean that they always will be. It was reported fairly recently that ITV were considering converting all channels complementary to the main ITV channel to subscription channels.
Whether or not ITV are still contemplating this I don't know, but new ownership could change everything.
I think it is significant also that if Liberty Global make this work, they will have the biggest commercial channel on Freeview, putting Sky's Pick TV into the shade.
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31-08-2014, 13:20
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#6
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Inactive
Join Date: Mar 2010
Posts: 12,313
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Re: Liberty global may take over itv
Why would Sky want to be at the forefront of FTA TV ?
When its a pay TV platform with pay TV channels , its whole business model is built around people paying subscriptions not FTA.
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31-08-2014, 13:26
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#7
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Rise above the players
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Re: Liberty global may take over itv
Quote:
Originally Posted by muppetman11
Why would Sky want to be at the forefront of FTA TV ?
When its a pay TV platform with pay TV channels , its whole business model is built around people paying subscriptions not FTA.
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Yes, MM but owning a free to air channel provides a good showcase for the other subscription channels owned by the company. It can be used cleverly to draw attention to popular programmes on the other channels, thereby driving up subscriptions.
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31-08-2014, 14:01
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#8
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Guest
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Re: Liberty global may take over itv
Quote:
Originally Posted by muppetman11
With the exception of ITV Encore and HD variants of ITV 2-4 all those channels are available FTA on the likes of Freeview and Freesat.
Sky obviously weren't overly concerned about the situation considering they sold Liberty Global there 6.4% stake in ITV.
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Something must have changed as they were certainly concerned when VM tried to buy ITV a few years back. They bought a load of shares to block the move and were forced into reducing their holding by Ofcom.
Maybe, Sky realise they can do nothing to stop LG?
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31-08-2014, 14:09
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#9
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Inactive
Join Date: Mar 2010
Posts: 12,313
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Re: Liberty global may take over itv
Maybe an improved working relationship ?
Sky wouldn't have been allowed to purchase 100% of ITV anyway would they ? Maybe they didn't see value in their stake.
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31-08-2014, 14:13
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#10
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Rise above the players
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Re: Liberty global may take over itv
Quote:
Originally Posted by muppetman11
Maybe an improved working relationship ?
Sky wouldn't have been allowed to purchase 100% of ITV anyway would they ? Maybe they didn't see value in their stake.
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Don't forget that Sky were told they had to reduce their holdings in ITV. Given this, any strategy they may have had for taking over ITV was dead in the water.
Accordingly, there was little point in Sky holding on to the shares.
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31-08-2014, 14:46
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#11
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Inactive
Join Date: Jun 2008
Location: Leeds, West Yorkshire
Age: 47
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Re: LGI canvases ITV shareholders for a takeover?
Oh goodie. More money being burned at the altar of content rather than building next generation networks. BT have started a trend.
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31-08-2014, 15:11
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#12
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Inactive
Join Date: Mar 2014
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Re: LGI canvases ITV shareholders for a takeover?
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Originally Posted by Ignitionnet
Oh goodie. More money being burned at the altar of content rather than building next generation networks. BT have started a trend.
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Networks pay back over 30+ years.
Content pays back over 5.
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31-08-2014, 16:00
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#13
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Inactive
Join Date: Jun 2008
Location: Leeds, West Yorkshire
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Re: LGI canvases ITV shareholders for a takeover?
Quote:
Originally Posted by rhyds
Networks pay back over 30+ years.
Content pays back over 5.
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Networks deliver for decades. Content delivers until the next big thing, and without networks goes nowhere.
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31-08-2014, 16:11
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#14
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Inactive
Join Date: Mar 2014
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Re: Liberty global may take over itv
Equally there's no point in having a broadcast network with no unique content to attract anyone to it.
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31-08-2014, 16:29
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#15
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Inactive
Join Date: Jun 2008
Location: Leeds, West Yorkshire
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Re: Liberty global may take over itv
Quote:
Originally Posted by rhyds
Equally there's no point in having a broadcast network with no unique content to attract anyone to it.
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Doesn't seem to have done VM any great harm. Didn't cause UPC in most markets any issues either. LGI have done alright for a while without owning content production in all territories.
The network itself can be a USP, as can how content is presented.
However, if it means we get shot of X-Factor and it becomes exclusive to a certain group I'm all in favour, and indeed would happily contribute financially.
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