-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, KgcJn7ao2PJTorOSNeQ51U6X95NLtc5YF5ApkPrV7I1Da6s7UB0+zkW8BTE9yKsv 5Xx2X+riwBWjmsEWTsIeqg== 0001104659-10-037811.txt : 20100713 0001104659-10-037811.hdr.sgml : 20100713 20100713121729 ACCESSION NUMBER: 0001104659-10-037811 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20100713 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20100713 DATE AS OF CHANGE: 20100713 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VIRGIN MEDIA INC. CENTRAL INDEX KEY: 0001270400 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 593778247 STATE OF INCORPORATION: DE FISCAL YEAR END: 0208 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-50886 FILM NUMBER: 10949704 BUSINESS ADDRESS: STREET 1: 909 THIRD AVENUE STREET 2: SUITE 2863 CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 00441256753762 MAIL ADDRESS: STREET 1: 160 GREAT PORTLAND STREET CITY: LONDON STATE: X0 ZIP: W1W 5QA FORMER COMPANY: FORMER CONFORMED NAME: NTL INC DATE OF NAME CHANGE: 20060315 FORMER COMPANY: FORMER CONFORMED NAME: TELEWEST GLOBAL INC DATE OF NAME CHANGE: 20031117 8-K 1 a10-13956_18k.htm 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): July 13, 2010

 

VIRGIN MEDIA INC.

(Exact name of Registrant as specified in its charter)

 

Delaware

(State of Incorporation)

 

File No. 000-50886

(Commission File Number)

 

59-3778247

(IRS Employer Identification
No.)

 

909 Third Avenue, Suite 2863, New York, New York 10022

(Address of principal executive offices) (Zip Code)

 

Registrant’s Telephone Number, including Area Code: (212) 906-8440

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 



 

TABLE OF CONTENTS

 

Item 8.01.

Other Events.

Item 9.01.

Financial Statements and Exhibits.

SIGNATURES

 

Exhibit 99.1

 

 

2



 

Item 8.01.  Other Events.

 

As previously reported on June 4, 2010, Virgin Media Investment Holdings Limited, Flextech Broadband Limited and certain subsidiaries of FBL, each of which is a wholly-owned subsidiary of Virgin Media Inc. (the “Company”), entered into a sale and purchase agreement with British Sky Broadcasting Limited (“BSkyB”) and Kestrel Broadcasting Limited, a wholly-owned subsidiary of BSkyB (the “Buyer”), completion of which was subject to certain regulatory approvals.

 

Having obtained full regulatory clearance in the Republic of Ireland, the Company and the Buyer announced on July 13, 2010 the completion of the sale of Company’s television channels business, known as Virgin Media Television. As previously disclosed, the total consideration is £160 million in cash, £105 million of which has now been paid following completion. A further amount of up to £55 million remains conditional upon certain regulatory approvals.

 

A joint press release issued by the Company and BSkyB is attached as Exhibit 99.1 and incorporated herein by reference.

 

Item 9.01.  Financial Statements and Exhibits.

 

(d)                 Exhibits

 

99.1      Press release, dated July 13, 2010, issued by Virgin Media Inc. and British Sky Broadcasting Limited

 

3



 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: July 13, 2010

 

 

VIRGIN MEDIA INC.

 

 

 

 

 

By:

/s/ Bryan H. Hall

 

Name:

Bryan H. Hall

 

Title:

Secretary

 

4


EX-99.1 2 a10-13956_1ex99d1.htm EX-99.1

Exhibit 99.1

 

For immediate release: 13th July 2010

 

BSkyB and Virgin Media complete sale of VMtv

 

British Sky Broadcasting (Sky; LSE: BSY) and Virgin Media (NASDAQ:VMED; LSE:VMED) today announced that Sky has completed the acquisition of Virgin Media Television (VMtv) following regulatory approval in the Republic of Ireland.  VMtv has now been re-named the Living TV Group.

 

In completing the acquisition, Sky has paid Virgin Media an initial £105 million.  Up to an additional £55 million will be paid on UK regulatory clearance.

 

Sky has acquired LIVING, LIVINGit, Challenge, Challenge Jackpot, Bravo, Bravo 2 and Virgin1 and their related websites.  Sky will not license the Virgin brand and will announce the new channel brand for Virgin1 in due course.

 

- Ends -

 

For further information:

 

Media

 

Sky:

 

Stephen Gaynor

stephen.gaynor@bskyb.com

020 7705 3446

 

Virgin Media:

 

Gareth Mead

gareth.mead@virginmedia.co.uk

020 7299 5703

 

Investors

 

Sky:

 

Francesca Pierce

francesca.pierce@bskyb.com

020 7705 3337

 

Virgin Media:

 

Richard Williams

richard.williams@virginmedia.co.uk

020 7299 5479

 

Sam Horrocks

sam.horrocks@virginmedia.co.uk

020 7299 5353

 


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