Changes at DirecTV?
December 8, 2006
DirecTV is no longer the glowing child in the eyes of News Corp. chairman Rupert Murdoch as it once was back in 2003. After a two year feud with Liberty Media’s chairman John Malone over his 19% stake in News Corp, Murdoch has settled on giving up his aggressively sought after satellite provider, along with some cable sports channels and an easy 550 million in cash.
It seems as though Murdoch’s decision to sell his baby was based on several factors, one being that cable has become a major competitor, enticing customers with great savings in phone and internet services as well as HD programming. This deal will also save both media bigwigs a lot in taxes, something that Malone was very insistent upon.
So what does this mean for DirecTV’s future, maybe QVC (Malone’s Liberty Media owns the channel) in HD? Let’s hope not… In all seriousness though, the programming will probably not change drastically in the next year or two. DirecTV will (in all likelihood) continue on with their 150 HD channel (read HD locals) launch planned for 2007.
Posted by B.Greenway | | Filed Under DirecTV News
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