NTL renames itself Virgin Media
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Cable firm NTL relaunches itself as Virgin Media to strengthen its challenge to pay-TV rival BSkyB.
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(Corrects network name to "Fox News Channel" from Fox TV in third paragraph)
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LG.Philips LCD is changing its name to LG Display, after Philips Electronics reduced its stake in the company.
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LONDON, February 16  /PRNewswire-FirstCall/ -- ntl Telewest - now Virgin Media  - scooped the most coveted award for consumer facing ISPs at the annual Internet Services Providers' Association (ISPA) Awards, held in London last night.
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No-brainer Virgin Media went on a PR offensive this weekend. Now that the global credit crunch has put the kibosh on a lusted-after sellout to private equity, boss Neil Berkett was deployed to tell several newspapers about his plan to steady the listing cable firm.â¦
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(InfoWorld) - Virgin Group Ltd. will shut down its online music subscription and download service in the U.S. and U.K. next month, leaving one less competitor for Apple Inc.'s iTunes Music Store. In the U.K., Virgin Digital stopped selling tracks last Friday, and is no longer accepting new customers. As of Friday, only existing customers will be able to access the service, and the site will shut down for good on Oct. 19. The U.K. version of the site said users with more than one month of outstanding subscriptions will get a refund, but unused credits for song downloads should be used and won't be refunded. U.S. users of Virgin Digital will be able to use their credit on Napster LLC's music download service. The pending demise of Virgin Digital marks another casualty among online music stores, which have generally received lukewarm reception from consumers with the exception of Apple's market-leading iTunes service. Since Virgin Digital used digital rights management (DRM) technology from Microsoft Corp. to manage how songs could be played and transferred to portable devices, the service was not compatible with Apple's iPod line, which uses different DRM technology and file format. The Virgin Digital service allows customers to download tracks up to four more times to replace lost or damaged copies. Since that option will no longer be available when the store closes, the company advised customers who purchased tracks to back them up by burning the songs to a CD . Burning the tracks will let those customers re-import the tracks to the computer as MP3 files. Virgin also offered a subscription service that let people access an entire catalog of songs as long as they continued to pay the monthly fees. Those songs, which used Microsoft's DRM, would be unplayable if the person's subscription expired. Once the club closes, subscribers will also lose access to those songs. As part of the terms of subscription service, users were not allowed to burn those songs to CD. Virgin Digital officials could not immediately be reached for comment on the service's closure. The Virgin Digital store is not the only one to fold in the face of competition from Apple's iTunes -- or from illegal downloads. Last month, MTV Networks, which is owned by Viacom Inc., said it would merge its Urge music service with RealNetworks Inc.'s Rhapsody service. Urge, which was a partnership between MTV and Microsoft launched in May 2006 that failed to effectively compete with iTunes. Â
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Apple 1, Branson 0 Virgin has closed Virgin Digital, its Windows Media-based alternative to Apple's iTunes. It stopped selling one-off downloads on Friday, though subscribers will still have access to their collections until their next monthly payment is due.â¦
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Virgin has been told it is the frontrunner to take control of troubled bank Northern Rock, the BBC learns.
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Sir Richard Branson, founder of the Virgin Group, today announced the launch of Virgin Digital, which will enter an increasingly competitive market for digital downloads.
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Cable firm NTL today announced that it has entered into a definitive agreement to sell its broadcast business for Â£1.27bn. A consortium led by Macquarie Communications Infrastructure Group and other third
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Richard Branson&#39;s Virgin Group has become the latest company to throw its hat into the online music ring by launching the Virgin Digital service.
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TV Guideâ¢ firm cries foul Virgin Media has slammed a High Court patent infringement lawsuit brought by the firm behind the massive US TV Guide franchise as an act of "flagrant opportunism".â¦
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Business & money: Virgin boss says he will 'battle to the 11th hour' as shareholders protest at nationalisation 'campaign'
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p2pnet.net News:- Virgin Electronics has joined the mp3 race with a $250, five gig player which also handles Microsoft&#39;s WMA format.
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Richard Branson's Virgin Mobile, floated on the stock exchange in July last year, announced it reached five million British customers during the three months to December.
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Virgin Media, the UK's leading cable television company, may change its name if bought by private equity, a report says.
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The owners of cable firm NTL are to sell its Irish division in a deal that could be worth 150- 200 million, writes Jamie Smyth, Technology Reporter.