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Read this: Sky buys TV channels from Virgin in 160m deal -TV Radio, Media - The Independent

Summary: As well as expanding its range of basic pay TV channels, Sky said the deal eliminated the carriage fees it currently pays for distributing Virgin channels on its platform. Virgin Media said the deal had generated substantial value and would allow it to offer its cable customers an enhanced range of Sky services, including HD channels and on-demand content. Today's sale agreement will see Sky pay 105 million on completion of the deal and the remainder following regulatory approval. - link

Sky buys TV channels from Virgin in 160m…

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