Partial call summary:
-The VM guys sounded quietly pleased with the last quarter.
-TiVo is up front and centre in most of their selling activities whether it is TiVo alone, or part of a Collection where it (and fibre) are helping sell other prooducts such as Mobile.
-Looks like they will continue into the following quarter their marketing spend promoting their products, particularly since VM believe they have had good value so far from the ad campaigns.
-TiVo is viewed by VM as a 'controlled open platform'. LoveFilm and Netflix will likely appear on TiVo in the future.
-The TiVo price increase hasn't caused too much backlash going by the customer calls responding to the increase letter sent out; VM are still waiting to see what happens when customer receive the actual invoice billing the increase.
-The BT PIA fibre network
planning seems to be well understood by VM, and already built into the VM business plan.
Now watching Murdoch Snr (under oath) at the Leveson enquiry
ducking and diving. He's slippery, but I don't think he likes having to behave subservient and docile whilst being questioned. At the moment they are trying to get to the bottom of how much his newspapers influenced the UK political parties behaviour (eg the bid to buy Sky outright) and consequently how close they and politicians were/are.