Originally Posted by MorningDJ:
“Although, yes officially he didn't pull out, I got the impression from what was said at the time of the sale he wasn't that keen on Times of India owning the Virgin name, considering they paid £53 million for it, I think they really wanted the name (Branson alluded to this on his TalkRADIO interview before the new Virgin radio launched).
I really can't see this Virgin radio lasting long under Newscorp when it goes through.”
“Although, yes officially he didn't pull out, I got the impression from what was said at the time of the sale he wasn't that keen on Times of India owning the Virgin name, considering they paid £53 million for it, I think they really wanted the name (Branson alluded to this on his TalkRADIO interview before the new Virgin radio launched).
I really can't see this Virgin radio lasting long under Newscorp when it goes through.”
Thats also what this site from 2008 says as another Indian radio group had franchised Virgin for India (and presumably TIML wanted to use the Virgin brand in India) but confusing there as an option for TIML to keep Virgin for the UK at extra cost which TIML did not take up.
https://gigaom.com/2008/06/01/419-vi...r-106-million/



