July 17, 2014

Liberty Global buys into ITV

After previous management quite vocally avoided investing in TV broadcasters for many years, Virgin Media's new parent company, Liberty Global, has forked out a not-inconsiderable £481m for BSkyB's 6.4% stake in ITV.
Liberty Global chief executive Mike Fries said: “This is an opportunistic and attractive investment for us in our largest cable market. ITV is the leading commercial broadcaster in the UK and we’re excited to be shareholders.” The company said that it does not intend to make an offer to buy ITV outright, but it does reserve the right to do so within the next six months.
I would hope that the HD channel, ITV Encore, doesn't remain a Sky exclusive for too much longer, but knowing how cunning Sky lawyers are I wouldn't hold your breath waiting for it to materialise on your TiVo. Maybe some prime ITV on-demand HD (e.g. Broadchurch, Downton) could appear instead?

4 comments:

Jay said...

We dont need ITV Encore, we have ITV and Tivo, stop being a channel hore like Sky!

Jaybee said...

If someone wants a channel they are well within their rights to state that. Just because you don't want it doesn't mean you have a right to abuse the blogger for wanting it

Nialli said...

For the record, ITV Encore isn't something this Blogger was pining for, but then neither was Sky F1 - but that doesn't mean I won't report on it as others visiting VMHD are interested.

Mary Patric said...

Thanks for the article. I don’t see iTV coming to my country anytime soon. However, there are plenty of workarounds available to access it here in my country. Personally, I use UnoTelly for more than a year and I can access iTV like I am in UK.