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In November 2016, Liberty Global's Virgin Media subsidiary released its Netflix and other app-enabled set-top V6 box. Liberty invested £7.5 million in global broadband cable network Technetix in July 2016. Liberty CEO Mike Fries joined the Lion's Gate board of directors as part of the acquisition. Liberty Global and Discovery Communications paid approximately $195 million for a 3.4% stake in Lions Gate Entertainment Group in November 2015. The company also owned a 49% stake in majority state-owned Trinidadian telco, TSTT, which it was eventually obliged to dispose of as the company itself competes with Liberty's wholly owned Trinidadian subsidiary, FLOW Trinidad. In 2015, Liberty established the stock Liberty Latin American & Caribbean (LiLAC) focusing on Panama and the Caribbean with assets in Chile and Puerto Rico. The acquisition was completed in May 2016. The $5.3 billion deal expanded Liberty Global's presence into the Caribbean & greater Latin America. In November 2015, Liberty Global announced its acquisition of Cable & Wireless Communications. Liberty Puerto Rico reconstruction sign in San Juan, Puerto Rico Liberty's stake in the company increased to 9.9% in July 2015. In July 2014, Liberty Global acquired a 6.4% stake in ITV plc, valued at £481 million. Discovery) became joint owners of All3Media in May 2014 in a £500 million joint deal. Liberty Global and Discovery Communications (prior to it's 2022 merger with WarnerMedia to form Warner Bros. The acquisition was completed in November 2014, when the services of UPC Nederland began to be merged into the new business. Liberty Global announced it would be acquiring Dutch cable company Ziggo for €10 billion in January 2014. Liberty agreed in October 2013 to sell Chellomedia for $1.035 billion except for its Benelux unit to AMC Networks. It was reported that this acquisition would make Liberty Global the largest broadband company in the world. The acquisition was noted by The New York Times as one of the 10 largest cable deals of all time. In June 2013, Liberty Global acquired British cable group Virgin Media for $24 billion in cash and stock. In January 2013, Liberty Global raised its stake in Belgium-based Telenet from 50.2% to 58%. In 2010, Liberty sold its stake in Jupiter Telecommunications, a Japanese telecommunications-services provider. Liberty acquired German company Unitymedia in November 2009 for $5.2 billion. The new entity had operations in 18 countries and networks over approximately 23 million homes, making it one of the largest broadband services companies in the world. United International Holding, later called UGC, acquired in 1995 50% of UPC from Dutch electronic concern Philips and 100% 1997. LMI and UGC became subsidiaries of Liberty Global. was founded in 2005 when Liberty Media International, Inc. 4.2.1 Merger of Virgin Media with O2 UK.1.1 Merger with Vodafone in the Netherlands.