Liberty tunes out of ITV takeover bid

The chief executive of Virgin Media has rejected speculation that its parent company, the pan-European cable empire Liberty Global, could seize on weakness in ITV’s share price to mount a takeover bid for Britain’s biggest commercial broadcaster.

Tom Mockridge told the Sunday Telegraph that Liberty had “enough to do as it is” without wading further into programming. Liberty owns 9.9pc of ITV and has bought the equivalent commercial broadcaster in Ireland, fuelling speculation that it is lining up an approach for ITV.

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ITV makes case for retransmission windfall

According to the FT today ITV has intensified its calls for BSkyB and Virgin Media to pay millions of pounds to carry its channels, saying that this type of payment model had helped to create a “golden age” of US television. For the full story read

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