Skip to main content
Jump to navigation
Sky news

Sky has completed its transaction to purchase Virgin Media's portfolio of premium TV channels.

The acquisition deal, which is worth an initial £105 million, has been concluded fully after regulatory approval was granted by authorities based in the Republic of Ireland. A further £55 million is set to be paid on UK regulatory clearance.

Sky has also chosen to rename the portfolio of channels, which includes Living, Challenge, Bravo and Virgin1, as the Living TV Group.

The broadband, TV and home phone provider also intends to announce a new channel brand for Virgin1, as it has no plans to license the Virgin brand.

Details of the completion of the deal have come after both Virgin Media and Sky added a new high definition version of Five to their TV packages.

Virgin Media is offering access to the channel, which shows Neighbours and top US dramas, to its subscribers for no extra monthly fee.

Join the conversation

comments powered by Disqus

Stay up to date

  • Google+ Follow uSwitchTech
  • Subscribe to our RSS feed

Latest Comments

  • Paulstubb 1 week ago Britons' refusal to change... I left TalkTalk and paid extra elsewhere because their customer service is nonexistent. Absolutely awful.
  • Fennyuk 1 week ago TalkTalk offer discounts on... Using the television service as a loss leader! I'd rather have a reliable internet service and choose my...
  • Fennyuk 1 week ago Britons' refusal to change... Talktalk's "no price hikes" only applies to line rental and not the add-on services. I was on an 18 month...

Search news