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John Malone/Liberty/VM General News Thread
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Old 07-07-2016, 00:57   #16
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Re: John Malone/Liberty/VM General News Thread

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Originally Posted by Horizon View Post
....related to Liberty's purchase of UTV Ireland, I think Malone will now go ahead for a full takeover of ITV for one very good reason.....

The pound crashed and is still going down and its now a lot cheaper for Malone to purchase the rest of ITV.

Watch this space, I would expect this to happen "soon" ish...
Why not buy ITV plc now? That way he gets UTV Ireland too rather than wasting time negotiating a very small deal for it separately?
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Old 07-07-2016, 01:25   #17
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Re: John Malone/Liberty/VM General News Thread

.... no idea. Testing the waters, maybe??

If he is going to buy ITV, then it will happen in before the year is out. THe exchange rate is in his favour, but I'd expect a counter bid from BT to block him.

Oh!! and I forgot, another big reason why he might buy ITV now, their share price is down 25%...
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Old 07-07-2016, 10:42   #18
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Re: John Malone/Liberty/VM General News Thread

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Originally Posted by Horizon View Post
.... no idea. Testing the waters, maybe??

If he is going to buy ITV, then it will happen in before the year is out. THe exchange rate is in his favour, but I'd expect a counter bid from BT to block him.

Oh!! and I forgot, another big reason why he might buy ITV now, their share price is down 25%...
Trouble is that Liberty Global's shares are down by a similar percentage as well. I suspect that like many investors, Malone won't want to invest much more in the UK at the moment due to the present uncertainty. He may feel that if he doubles his stake in ITV this will recompense for the losses he has made on the stake but I can't see a full-blown takeover this year.
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Old 11-07-2016, 19:41   #19
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Re: John Malone/Liberty/VM General News Thread

Virgin Media: Virgin Media to Acquire UTV Ireland.

Virgin Media, a wholly-owned subsidiary of Liberty Global, today announced that it has entered into an agreement with ITV plc to acquire UTV Ireland, the nation’s newest free-to-air commercial broadcaster, for a purchase price of €10 million. The agreement also includes a comprehensive 10 year output deal for Ireland for ITV produced programming. The purchase price is expected to be funded through existing liquidity.

http://about.virginmedia.com/press-r...re-utv-ireland
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Old 12-07-2016, 14:24   #20
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Re: John Malone/Liberty/VM General News Thread

And nothing of value was lost/gained.
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Old 26-07-2016, 20:17   #21
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Re: John Malone/Liberty/VM General News Thread

Virgin Media has hired a former content chief at BT TV as it pushes further into original and exclusive programming.

http://www.digitaltveurope.net/57393...content-chief/
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Old 26-07-2016, 22:47   #22
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Re: John Malone/Liberty/VM General News Thread

.... lets see what the new bloke can do!
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Old 28-07-2016, 10:08   #23
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Re: John Malone/Liberty/VM General News Thread

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Originally Posted by Horizon View Post
.... lets see what the new bloke can do!
It's certainly more evidence that Virgin means business on content. I hope the new guy doesn't wind Sky up too much though, coming from BT!
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Old 28-07-2016, 10:41   #24
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Re: John Malone/Liberty/VM General News Thread

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Originally Posted by OLD BOY View Post
It's certainly more evidence that Virgin means business on content. I hope the new guy doesn't wind Sky up too much though, coming from BT!
They're probably all mates together, it's a small world.
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Old 28-07-2016, 11:14   #25
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Re: John Malone/Liberty/VM General News Thread

Indeed they probably all have dinner together.
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Old 01-08-2016, 21:24   #26
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Re: John Malone/Liberty/VM General News Thread

Web News: F1 up for sale?

Sky, Discovery/Liberty Global are participating in auction to buy Formula One.

Rumours on the web says the winner may be confirmed in the coming weeks.

http://www.denverpost.com/2016/07/29...l-formula-one/
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Old 01-08-2016, 22:23   #27
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Re: John Malone/Liberty/VM General News Thread

Wait, the sport itself is for sale, not just the viewing rights?
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Old 01-08-2016, 23:35   #28
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Re: John Malone/Liberty/VM General News Thread

$8 billion !! For that boring junk.

What an incredible waste, just think how many decent TV programmes you could make for that amount.
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Old 02-08-2016, 08:54   #29
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Re: John Malone/Liberty/VM General News Thread

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$8 billion !! For that boring junk.

What an incredible waste, just think how many decent TV programmes you could make for that amount.
Seems cheap to me if it's the whole thing, according to Forbes it made 4.4 billion dollars profit in 2015.

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Old 03-08-2016, 17:23   #30
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Re: John Malone/Liberty/VM General News Thread

The European Commission have today cleared the merger of Liberty's and Vodafone's Dutch operations.
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