Quote:
Originally Posted by sherer
this is why I think VM should hang onto the UKTV channels. They got screwed by Sky before and with no channels they won't have much to bargain with in the future with Sky
|
but that is why ther are selling them - their investment in UKTV gives them no power whatsoever. They do not run the channels, make a pittance from them each year (a few million pounds), and pretty much have no involvement in the channels whatsoever. They are completely run by BBC WW. The resctrictive ownership clauses held by BBC WW mean UKTV could not be considered a strategic investment as they have virtually no say over who they could sell their share to or how the channels could be used to further their own gains (ie. as bargaining chips in negotiations with Sky or as exclusives to their own platform).
Arguably, the VMTV channels were their only bargaining chips, and they've gone already.
Rightly or wrongly, VM say they have no interest in owning content any more so UKTV has to go.