Nielsen said late Monday that John Malone's Liberty Global is in advanced talks to buy British cable giant Virgin Media for $20-24 billion, and an announcement of a deal could come as early as today (Tuesday), according to published reports. Such a deal, it is generally believed, would intensify Virgin Media's competition against News Corp-controlled BSkyB and rekindle Malone's rivalry with News Corp Chairman Rupert Murdoch. Currently BSkyB claims to have signed up about 10 million customers, roughly twice the number as Virgin. However, Virgin has been signing up new subscribers at a faster clip than BSkyB, since it is able to bundle TV, video-on-demand, high-speed Internet and phone services in a single package. Analysts, however, are questioning where the money will come from to finance the deal and point out that if the acquisition is financed in large measure by debt, it will put a damper on Virgin's expansion plans. In midmorning trading on the Nasdaq, shares of Liberty Global were down more than 4 percent to $66.50 while shares of Virgin Media were up a whopping 17.07 percent to 45.29, a 52-week high.
The 1969 session, including the only known recording of 'Sunshine Woman' by the band, will be included on a re-issue of 'The Complete BBC Sessions'...
The 55 year old actor joined Chris Martin and co. on stage in New Jersey to perform 'Earth Angel' and 'Johnny B. Goode'.
Bjork Digital comes to London's Somerset House in September, along with a single live show at the Royal Albert Hall.
Kim Kardashian released an audio excerpt from a phone call between Kanye and Taylor Swift over the lyrics of 'Famous' - but if it was recorded...
There's very much a strength of conviction in remaining what you were, but arguably more so in becoming what you want to be.
The BBC drama starring Aidan Turner returns to BBC One on September 4th.
Guns N' Roses were detained at the Canadian border last week for gun possession but they're adamant the weapon didn't belong to them.