Advertisement
YOU ARE HERE: LAT HomeCollectionsVirgin Media Inc
IN THE NEWS

Virgin Media Inc

FEATURED ARTICLES
BUSINESS
August 22, 2007 | From Times Wire Services
Virgin Media Inc., the second-biggest British pay-TV company, said that Chief Executive Steve Burch had resigned. Virgin, based in Hook, England, said that it would begin a search for Burch's replacement shortly and that Neil Berkett, the company's chief operating officer, would assume the role of acting CEO. The company said Burch, who joined Virgin in January 2006, was returning to the United States for "family and personal reasons." He will also step down from Virgin Media's board.
ARTICLES BY DATE
BUSINESS
August 22, 2007 | From Times Wire Services
Virgin Media Inc., the second-biggest British pay-TV company, said that Chief Executive Steve Burch had resigned. Virgin, based in Hook, England, said that it would begin a search for Burch's replacement shortly and that Neil Berkett, the company's chief operating officer, would assume the role of acting CEO. The company said Burch, who joined Virgin in January 2006, was returning to the United States for "family and personal reasons." He will also step down from Virgin Media's board.
Advertisement
BUSINESS
July 31, 2007 | From Bloomberg News
John Malone's Liberty Global Inc., the largest owner of cable television systems outside the U.S., said Monday that it might bid for Virgin Media Inc., the second-biggest British pay-TV company. "We see it as our duty to evaluate all opportunities in broadband cable, including this one," said Bert Holtkamp, a spokesman in Europe for Englewood, Colo.-based Liberty Global.
BUSINESS
July 31, 2007 | From Bloomberg News
John Malone's Liberty Global Inc., the largest owner of cable television systems outside the U.S., said Monday that it might bid for Virgin Media Inc., the second-biggest British pay-TV company. "We see it as our duty to evaluate all opportunities in broadband cable, including this one," said Bert Holtkamp, a spokesman in Europe for Englewood, Colo.-based Liberty Global.
BUSINESS
October 3, 2007 | From Times Wire Services
British Sky Broadcasting Group, whose chairman is Rupert Murdoch, might be forced to sell its 17.9% stake in ITV after a regulator backed Virgin Media's Richard Branson in saying the holding harms competition. The stake might enable BSkyB, Britain's largest pay-TV company, to influence ITV's strategy, Britain's Competition Commission said. The regulator will consult on "possible remedies," including a potential divestment of the shares.
BUSINESS
July 3, 2007 | From the Associated Press
Virgin Media Inc. received a buyout offer worth as much as $11.35 billion, people familiar with the deal said Monday, sending shares in the British telecommunications company to a one-year high. But underscoring the delicate nature of the proposal, Virgin Media would not name its suitor and said the deal would be scrapped if it even disclosed the potential terms.
BUSINESS
March 13, 2011 | By Andrew Leckey
Question: What's the outlook for my shares of Adobe Systems Inc.? They have disappointed. Answer: Coming off a lackluster 2010, this pioneering software maker famous for its Flash, Photoshop, Illustrator and Acrobat products should have a better 2011. Online video is a booming business, aided by the surging popularity of mobile computing and increasingly sophisticated website content. An improving economy should provide an added boost. With sales of $3.8 billion in the year that ended Nov. 30, Adobe isn't nearly as enormous as some of its rivals, but it is dominant and profitable in its niche, with plenty of cash and modest debt.
BUSINESS
November 25, 2009
Warner Music Group Corp. posted an unexpected loss in its fiscal fourth quarter as severance costs weighed on results despite a strong slate of music releases from artists including Jay-Z and Madonna. The loss of $18 million, or 12 cents a share, contrasted with profit of $6 million, or 4 cents, a year earlier. The quarter included $14 million in severance costs as the company shifted resources from promoting CDs to generating revenue from digital music. Revenue rose nearly 1%, to $861 million, the first revenue gain since the fourth quarter of 2008.
Los Angeles Times Articles
|