Satellite, Cable, Digital TV, Home Media, & Computers
|  Home   |  Forums   |  News   |  Blog   |
April 8, 2009

Virgin Media buys stake in NetPlay TV


by David Allen

Virgin Media is going gaming with NetPlay TV after signing a four year agreement for NetPlay to take over the production of the broadcaster’s Challenge Jackpot Call TV Channel.

Currently NetPlay TV is available on Virgin Media and Sky TV every day all week long.

There are also other slots on Bravo 2 and Virgin 1.

Challenge Jackpot is a serious gaming channel with an estimated sixteen thousand registered players.

Revenues from the channel during March of this year came in at £14.5 million worth of bets, and this level of revenue should produce around £500,000 in gross profits.

NetPlay will also take over the assets of Two Way Gaming Ltd, a company set up in conjunction with Two Way TV, at a cost of £2 million.

In a separate deal, Virgin recently sold its Sit-Up TV business to Munich-based Aurelius.

Story link: Virgin Media buys stake in NetPlay TV


Discuss this in the Techwatch Forums


Add to Bookmarks:

ADD TO NETSCAPE     ADD TO DEL.ICIO.US     ADD TO DIGG     ADD TO FURL

ADD TO STUMBLEUPON     ADD TO YAHOO MYWEB     ADD TO GOOGLE     ADD TO SPURL


Related news to "Virgin Media buys stake in NetPlay TV"




No Comments »

No comments yet.

Leave a comment


Previous: « What is it with the Home Office and Porn?
Next: Government to force the 900 MHz issue »

Visited 490 times, 1 so far today