Virgin pressing for Sky to cut ITV stake to 5%

Article Abstract:

Virgin Media, after Competition Commission (CC) found BSkyB's 17.9% ITV shareholding "against public interest", will attempt to influence BSkyB to reduce its stake to less than 5%. BSkyB can either sell its entire stake, sell enough shares that it does not have material influence over ITV, or sell some of its stake that is subject to restrictions, such as in voting rights. The CC investigation, as well as other ways for BSkyB to fix the issue, is discussed.

Television Broadcasting, Television broadcasting stations, Securities issued, listed, Television broadcasting industry, Beliefs, opinions and attitudes, Securities, Company securities, ITV PLC, Virgin Media Group Ltd.

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Sky still Premier winner

Article Abstract:

European Commission is investigating t he deal signed between Sky and Premier League for exclusive rights for 2004-2007 seasons. Sky paid 1. 024 billion pounds for the rights and is the only broadcaster who can afford to pay this kind of money.

Alliances, partnerships, Licensing/Sales Agreements, Licensing agreements, European Union. European Commission, Company licensing agreement, Premier League

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Sky bets 400 million sterling pounds on broadband market

Article Abstract:

BSkyB is going to invest 400 million sterling pounds to introduce free broadband service to existing customers. The market strategy expected to increase the subscribers to 10 million by the 2010.

Services introduction, New Products/Services, Company service introduction, Service introduction

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