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LondonRoad · 22-05-2009, 11:30

A friend of a friend works for VM. He told my mate that Virgin have set up a company in Luxembourg (called VM entertainment - he thinks) to handle all the premium channels. There'll be no change from the viewers point of view (except it may appear differently on bill) but it saves VM a fortune in tax. Apparently they intend to invest the savings in HD provision. Can anybody substantiate this?

22-05-2009, 11:30	#1
LondonRoad Inactive Join Date: Nov 2007 Services: 30mb BB, XL TV, V+, TiVo, talk unlimited. Posts: 4,143	Virgin Media Entertainment A friend of a friend works for VM. He told my mate that Virgin have set up a company in Luxembourg (called VM entertainment - he thinks) to handle all the premium channels. There'll be no change from the viewers point of view (except it may appear differently on bill) but it saves VM a fortune in tax. Apparently they intend to invest the savings in HD provision. Can anybody substantiate this?