In reply to Darkskys:
> (In reply to EeeByGum) Sponsored by the UK goverment?
>
> What do you mean?
Well, look at all of the businesses that Richard Branson has run:
- Virgin Music started out successfully because it was basically running a tax fiddle which Branson was done for in court.
- Virgin Atlantic was a state sponsored monopoly in that it's main business was the Heathrow to New York run which is a closed shop and only has BA competing. Despite this, it was propped up by the Music biz for a number of years.
- Virgin Train's West Coast mainline is a government sponsored monopoly with no competition although he did nearly loose it because of poor management and did loose the Cross Country franchise.
- His latest coup is taking Northern Rock off the government at a knock down price.
More or less all the other companies he has tried to run (Virgin Cola, Virgin Cinemas, Virgin Brides, Virgin Clothes, his bids for the lottery, to name but a few) have all failed miserably despite the hype.
Virgin Media only succeeds because he is now a minority shareholder.
See
http://www.guardian.co.uk/media/2005/dec/12/digitalmedia.broadcasting but there is tonnes of other stuff about him. I always thought he was a bit of a dude until I read his biography which paints a picture of a cold ruthless money grabbing self publicist which on reflection fits much better.