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Wednesday, April 7, 2010 as of 11:14 AM ET

Virgin Media

Virgin Media Inc. (, ) is a company which provides fixed and mobile telephone, television and broadband internet services to businesses and consumers in the United Kingdom.

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BSkyB Gets Reprieve On Movie Business After Netflix Debut

The U.

K.'s competition regulator said Wednesday that British Sky Broadcasting Group PLC (BSY.LN) won't have to alter its movies business as the pay-television operator's stranglehold on newly-released films has been weakened by the arrival of U.S.-based Internet movie service company Netflix Inc. (NFLX).The Competition Commission launched an investigation into BSkyB's dominance in the U.K pay-TV movie market in 2010. In a preliminary finding last August, it concluded a lack of competition meant subscribers to Sky Movies were paying more than they should be.However, in a revised opinion published Wednesday, the watchdog said that Netflix's arrival in the U.K. and Ireland in January led U.K.-based online-video rival Lovefilm, a unit of Amazon.com Inc. (AMZN), to cut its prices to entice customers and boost competition in the sector. The commission also changed its stance on the importance that consumers attach to watching the latest movie releases, concluding that customers actually want...

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  3. BSkyB's Net Profit Up 40%, Buys Wi-Fi Operator

    LONDON -(Dow Jones)- Takeover target British Sky Broadcasting Group PLC (BSY.LN) Thursday reported a better-than-expected 40% jump in second quarter net profit as it...

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  5. TiVo Shares Still Lower on Widened 3Q Loss

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  6. Feds Raid U.S. Hedge Funds

    Michael Rothfeld of the Wall Street Journal discusses the ongoing investigation into insider trading in U.S. hedge funds.

  7. EU's Kroes calls for lower roaming fees, eyes steps

    By Foo Yun CheeBRUSSELS, Sept 23 (Reuters) - Hefty roaming fees charged bytelecoms operators are "an outdated concept" and the EuropeanUnion is prepared to take step...

  8. Branson: Bailouts Should be For Banks Only

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  1. UK's Competition Regulator To Give BSkyB Reprieve -Report

    The U.K. competition regulator is expected to give British Sky Broadcasting Group PLC (BSY.LN) a reprieve in the local film market, as rivals such as Lovefilm and Ne...

  2. BSkyB Defends Track Record As UK Broadcaster

    British Sky Broadcasting Group PLC (BSY.LN) said Wednesday its "strong" track record as a U.K. broadcaster should be the key factor in determining its fitness to hol...

  3. BSkyB Defends Track Record

    British Sky Broadcasting Group PLC (BSY.LN) said Wednesday its "strong" track record as a U.K. broadcaster should be the key factor in determining its fitness to hol...

  4. BSkyB Says It Remains Fit To Hold UK Broadcast License

    British Sky Broadcasting Group PLC (BSY.LN) Wednesday said it remains a fit and proper holder of a broadcasting license in the U.K., citing a strong record of regula...

  5. Virgin Media's Usain Bolt Ad Campaign Attracts 21,200 New Customers

    Virgin Media Inc.'s (VMED) high profile advertising campaign featuring Jamaican sprinter Usain Bolt discussing the company's superfast broadband helped attract 21,20...

  6. OFCOM To Conclude That BT Has Overcharged For Ethernet Services

    The U.K. Office of Communications, or Ofcom Thursday said Thursday it proposes to conclude that BT Group PLC (BT) has overcharged for certain Ethernet services and m...

  7. BT To Hit Earnings Target Sooner Than Expected

    U.K. telecommunications firm BT Group PLC (BT.A.LN) Friday posted a 41% jump in third-quarter net profit, aided by further cost cutting, lower finance expenses and n...

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