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@TheBiscuit from what I hear Virgin and BT are "in negotiations". BT are aware however that they hold pretty much all the cards. Sky are already paying BT for sports 1 & 2 and Sky have many more TV customers than Virgin. Thanks to Virgin's laughable geographic coverage anybody who can get Virgin will be able to get Sky and already the vast majority can get BT Infinity and hence BT TV.
This puts Virgin in a position where lots of football, rugby and MotoGP will be available to Sky and BT customes, but not Virgin customers. When their customers realise this some time in the next couple of months they will start to desert to Sky and possible BT and Virgin will end up paying what BT wants.