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John Malone/Liberty/VM General News Thread
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Old 29-03-2017, 20:13   #166
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Re: John Malone/Liberty/VM General News Thread

Well the top man in charge of Lightening has left to "pursue other interests"

Don't know who the four are but should be easy enough to work out.

I'd heard stories that this was going on. Not too surprising really. The Lightening team were/still are under immense pressure to hit the numbers. Seems that some would rather try to fudge it to pacify rather than come clean and disappoint.
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Old 30-03-2017, 14:27   #167
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Re: John Malone/Liberty/VM General News Thread

Seems problems like that run deep in certain parts of Virgin. I do distinctly remember being on certain teams that were "trailing" certain processes, except the results were planned out ahead of time and nobody wanted to listen to anything different.
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Old 30-03-2017, 19:48   #168
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Re: John Malone/Liberty/VM General News Thread

Well I know who's gone now.

Aside of that mix-reporting to the SEC is a serious issue, you could quite easily find yourself extradited to US and banged up.

What is does imply is that there is a culture of fear in some parts of the business, fearful of telling the truth that you haven't hit the numbers.
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Old 30-03-2017, 20:03   #169
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Re: John Malone/Liberty/VM General News Thread

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Originally Posted by Pierre View Post
Well the top man in charge of Lightening has left to "pursue other interests"
Spending more time with his family.

Suddenly un-busy.
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Old 01-04-2017, 17:02   #170
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Re: John Malone/Liberty/VM General News Thread

The Times is today talking up an LGI-ITV deal.
Quote:
Speculation swirled around ITV again yesterday after a series of complex transactions involving Goldman Sachs and Liberty Global sent its shares sharply higher in the final minutes of trading...
On Wednesday, Liberty Global disclosed that it had loaned out nearly 400 million shares, but at the same time it had acquired an interest in an equal number of shares. It is understood that Liberty Global, which has been named as a potential buyer of ITV, has loaned some shares to Goldman Sachs as part of a financing of its position. It has the right to recall them at any time.
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Old 01-04-2017, 17:03   #171
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Re: John Malone/Liberty/VM General News Thread

Well we shall see Andrew as you do have a penchant for optimism sometimes.
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Old 01-04-2017, 17:30   #172
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Re: John Malone/Liberty/VM General News Thread

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Well we shall see Andrew as you do have a penchant for optimism sometimes.
I'm quite happy with ITV staying independent, I think they do what they do well. But maybe it could give VM leverage to get a certain oceanic channel from Sky?
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Old 01-04-2017, 17:33   #173
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Re: John Malone/Liberty/VM General News Thread

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Originally Posted by 1andrew1 View Post
I'm quite happy with ITV staying independent, I think they do what they do well. But maybe it could give VM leverage to get a certain oceanic channel from Sky?
Well Virgin so far have been trying for 5 years without success yet.
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Old 01-04-2017, 17:44   #174
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Re: John Malone/Liberty/VM General News Thread

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Well Virgin so far have been trying for 5 years without success yet.
Not misnamed then.
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Old 01-04-2017, 22:59   #175
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Re: John Malone/Liberty/VM General News Thread

Another terrestrial channel in American ownership no thanks
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Old 02-04-2017, 06:12   #176
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Re: John Malone/Liberty/VM General News Thread

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Originally Posted by muppetman11 View Post
Another terrestrial channel in American ownership no thanks
l agree MM as history has taught us to be wary but many a time avaricious shareholders can't wait to make a fast buck sadly and thus sell out.
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Old 03-04-2017, 11:44   #177
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Re: John Malone/Liberty/VM General News Thread

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l agree MM as history has taught us to be wary but many a time avaricious shareholders can't wait to make a fast buck sadly and thus sell out.
It's really the system though. The shareholders are largely pension funds and PEPs etc who are tasked with getting the best return for their investors and pensioners. If they decide not to, their funds will suffer and they will be replaced by those who are prepared to make such decisions.
At the moment, it's all informed speculation on The Times's part which has newspapers to sell so it won't be averse to publishing this type of article!
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Old 03-04-2017, 19:06   #178
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Re: John Malone/Liberty/VM General News Thread

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Originally Posted by 1andrew1 View Post
It's really the system though. The shareholders are largely pension funds and PEPs etc who are tasked with getting the best return for their investors and pensioners. If they decide not to, their funds will suffer and they will be replaced by those who are prepared to make such decisions.
At the moment, it's all informed speculation on The Times's part which has newspapers to sell so it won't be averse to publishing this type of article!
I'm well aware of the reasoning and how these things work but my point still stands do we really want all our terrestrial channels being run by Americans ?
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Old 03-04-2017, 21:16   #179
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Re: John Malone/Liberty/VM General News Thread

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Originally Posted by muppetman11 View Post
I'm well aware of the reasoning and how these things work but my point still stands do we really want all our terrestrial channels being run by Americans ?
I was responding to Don's argument that shareholders were avaricious, I was not contradicting any points you had made.
I too would prefer it if ITV was independent. Reports today suggest that LGI is not acquiring any additional shares.
Quote:
Reuters ITV's shares pulled back on Monday after Liberum analysts said that it had spoken with the company and ITV had said that the move was not Liberty increasing their stake in ITV.
http://www.reuters.com/article/uk-br...-idUKKBN1750ZU
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Old 04-04-2017, 22:25   #180
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Re: John Malone/Liberty/VM General News Thread

Perhaps the Liberty/GS loan could be related to Vofafone instead?
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