News Corp swaps DirecTV with Liberty - Financial Times - MSNBC.com
Rupert Murdoch and John Malone on Friday ended two years of negotiations as Mr Malone's Liberty agreed to exchange its $11bn worth of voting shares in News Corp for the media group's 38.5 per cent stake is satellite operator DirecTV.
At long last I can dump my cable company and get Direct TV.
I've worked with people that worked for Mr. Malone, and for Mr. Murdoch.
I know that everyone at Direct TV Inc. must be celebrating, even if only in quiet because the old boss of DTVI will still be there for a time.
Malone will replace him, there won't be room for a Rupert Lackey for long in the Malone incarnation of the company.
My deepest sympathies to the folks still within the Australian pit of hell at News Corps other properties.
posted at 9:22 PM
4 Comments:
The weather here is Western Washington makes me leary of anything connected to a satellite dish.
I have Comcast cable; how do I look up whether they are owned by News Corp as well?
12/26/2006 10:46:00 PM
Comcast is not owned by News Corp they have a long and very checkered history of their own being that they now control a big part of what used to be a company I used to work for.
If you want the tip of what what News Corp owns all you have to do is visit newscorp.com.
My new house is being built in an area that has no cable service and my current house is located in a place where the only cable option is owned and controlled by a small city cabal - payed for by tax payers and delivered as the small minded city council sees fit.
Your current location is obviously less rural than my new one will be.
I knew you were on Comcast and I'd take them in a heartbeat but they run past my house, not to it the nearby city got here first and second comers are not allowed due to the regulations at the time the service was initiated.
12/26/2006 10:54:00 PM
I am in an enclosed community with CC&R's and the lot, so I envy you your new house. I'll take few neighbors and a decent yard over cable anyday, although i would miss On Demand.
12/27/2006 12:33:00 AM
Well I've got the yard and the lake and few neighbors now, but the wife needs something more suited to her needs than the split level we have now.
The house used to be in the country but now we need to get a little more space (another acre) between us and the neighbors.
12/27/2006 11:55:00 AM
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