Virgin Media


Liberty buys 12.7% Ziggo stake

Liberty Global has paid roughly €632.5 million (US$808.3 million) for a 12.65% stake in the Netherlands’ largest cable operator Ziggo. Through the deal, Liberty has acquired 25.3 million Ziggo shares from Barclays Capital Securities for €25 per share, giving it an almost 13% stake based on the shares outstanding as of December 31, 2012. Commenting […]

TLC to launch in the UK

Discovery Networks is to launch its female-oriented lifestyle channel TLC in the UK and Ireland at the end of April. The channel will be carried by BSkyB and cable operator Virgin Media, as well as BT Vision and TalkTalk’s YouView platform. TLC will also be available in HD on the Sky and Virgin Media platforms […]

Spotify plans push into TV

Internet-powered music service Spotify is planning to make a bigger push into the living room, with more smart TV apps and set-top deployments in the works. Speaking to TBI-sister title DTVE ahead of his keynote panel discussion at TV Connect, Spotify’s global head of platform partnerships, Pascal De Mul, said that the firm was “was […]

UKTV gets a new look

UKTV is introducing a new on-air look and feel. The UK channel operating group, which is a joint venture between BBC Worldwide and Scripps Networks Interactive, said it is introducing the new look to coincide with its twenty-first year in digital TV. The new look will go live on Tuesday March 26. Chief executive, Darren […]

Liberty boss says Murdochs approve of Virgin deal, dismisses Netflix threat

Rupert and James Murdoch both approve of Liberty Global’s takeover of Virgin Media and understand the need for competition in the UK market, LGI’s CEO Mike Fries said late yesterday. Fries added that under LGI’s control, Virgin Media will not compete with BSkyB for premium sports rights. In a keynote address at the Cable Congress […]

The Style Network preps date with Virgin Media

Fashion and entertainment channel The Style Network has secured carriage on Virgin Media in the UK. The channel will launch on the cable platform, which is in the throes of being acquired by Liberty Global, on March 6. It will be channel 285 on the Virgin Media EPG. Style is run by Universal Networks International, […]

Virgin Media inks new FilmFlex deal

UK cabler Virgin Media has inked a new video-on-demand deal with FilmFlex, the VOD company co-owned by Sony and Disney. The deal builds on the existing agreement between the companies whereby FilmFlex manages Virgin Movies content licensing and management and handles platform and website operation of its online service. Under the multiyear agreement, FilmFlex will […]

Analysts question US$24.3 billion price tag for Virgin Media

Financial analysts have questioned the price Liberty Global has agreed to pay for UK cable company Virgin Media. The deal has an enterprise value of US$23.3 billion, or almost nine times Virgin Media’s 2012 operating cash flow, and credit ratings agency Moody’s questioned the rationale for paying that much. “Although the transaction will help LGI […]

Liberty Global confirms US$23 billion Virgin Media deal

Liberty Global and Virgin Media have agreed a deal whereby the international service provider will acquire the UK’s sole large-scale cable operator in a stock and cash merger valued at approximately US$23.3 billion in enterprise value terms, including debt. The deal gives Virgin Media an equity value of US$16 billion.   Virgin Media shareholders will […]

Virgin Media rolls out online video service

UK cable operator Virgin Media has today rolled out its new online video service. The Virgin TV Anywhere service brings TV content to computers, laptops, tablets and smartphones. From launch, users will be able to stream up to 43 channels online, including range of Sky Sports and Sky Movies channels. Up to 4,000 hours of […]

1 9 10 11