Let bygones be bygones…
After several years of animosity, BSkyB (NYSE: BSY) is buying the wholly-owned channels from VMtv, Virgin Media’s content-making arm, for £160 million, in a deal that results in landmark, wide-ranging digital and online cooperation between the two operators…
— Secure channel carriage: A far cry from 2007, when disagreement over channel carriage fees saw Sky pull its basic stations from Virgin Media (NSDQ: VMED), the deal brings a new wholesale agreement in to place for basic Sky channels on Virgin.
— Sky HD on VMED: The deal means Virgin has the “option” of carrying any of Sky