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Article: News Corp To Boost DirecTV.
- Article from:
- Satellite News
- Article date:
- January 12, 2004
CopyrightCOPYRIGHT 2004 Access Intelligence, LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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News Corp's completion of its long-anticipated acquisition of Hughes Electronics [NYSE: GMH], its coveted satellite television unit DirecTV, and other subsidiaries offers a host of potential advantages for the combined organization.
Under new ownership, DirecTV is likely to intensify its push toward interactive services and high-definition programming. However, it is unclear whether News Corp will develop opportunities at the other Hughes units --broadband service provider and set-top box manufacturer Hughes Network Systems and satellite operator PanAmSat [NYSE: SPOT].
As expected, U.S. regulators placed certain limitations on News Corp and its business ...