EXIBIT 99.1
[NTL Logo]
FOR IMMEDIATE RELEASE
NEGOTIATIONS BETWEEN NTL AND THE FA PREMIER LEAGUE FOR PAY-PER-VIEW RIGHTS CEASE
New York, New York (October 18, 2000) - NTL Incorporated (NASDAQ and
EASDAQ: NTLI) announces today it and the Football Association Premier League
have been unable to agree final terms regarding the UK pay-per-view TV rights
package and negotiations have now ceased.
The package, for which NTL offered to pay 109 million pounds per year was
scheduled to run for three years and would have enabled the company to screen 40
live FA Premier League matches per annum on a pay-per-view basis.
Barclay Knapp, Chief Executive Officer of NTL said:
"Naturally we are very disappointed that we have not been able to complete
negotiations under terms which both we and the Premier League found
satisfactory. Under the terms of the Confidentiality Agreement, signed with the
Premier League some months ago, we cannot comment any further."
For further information, please contact:
In the U.S.:
John F. Gregg, Senior Vice President - Chief Financial Officer
Richard J. Lubasch, Executive Vice President - General Counsel
Bret Richter, Vice President - Corporate Finance and Development
Amy Minnick, Investor Relations
(212) 906-8440, or via e-mail at [email protected]
In the UK:
Alison Kirkwood +44 7788 186 154 / 01256 752 662
Malcolm Padley +44 7788 978 199 / 01256 753 408
Buchanan Communications on +44 207 466 5000
- Richard Oldworth
- Mark Edwards
- Jeremy Garcia
more on NTL
- NTL uses state-of-the-art technology to deliver telephone, TV, internet and
interactive services to UK homes and businesses.
- 22 million homes watch ITV, C4 and C5 thanks to NTL's broadcast
transmitters; and 12 million homes are located within its fibre-optic
broadband network.
- NTL helped pioneer digital TV and is involved in digital terrestrial, cable
and satellite. It launched the UK's first interactive service in March
1999.
- NTL's national network carries such names as Virgin, Orange and AT&T. With
businesses in Ireland, France, Switzerland, south-east Asia and Australia,
NTL has 20,000 employees and is listed on NASDAQ and EASDAQ.
- In May 2000, NTL completed its acquisition of the consumer and direct
business operations of Cable & Wireless Communications