News
Liberty may gain DirecTV
Chairman possibly eyeing swap for News Corp. stake
The Denver metro area would be home to the nation’s two satellite-television giants if Liberty Media gains control of DirecTV.
News Corp. may be in talks to transfer control of the nation’s largest satellite-TV provider to Douglas County-based Liberty Media Corp.
El Segundo, Calif.-based DirecTV could possibly be exchanged for Liberty’s 19 percent voting stake in New York-based News Corp., according to a CNBC report Thursday.
If such a scenario played itself out, the nation’s two biggest satellite-television companies would be controlled out of Douglas County. EchoStar Communications, which operates the Dish Network, also has its headquarters in the suburb south of Denver.
DirecTV has more than 15 million subscribers, and EchoStar has 12.3 million.
News Corp. spokesman Robert Mercer said the company "doesn’t comment on speculation."
Liberty Media, which controls premium movie channel Starz and shopping network QVC, declined to comment.
Liberty and News Corp. have been trying for months to broker a tax-efficient deal that would relinquish some of Liberty chairman John Malone’s control at News Corp.
By Kimberly S. Johnson
Denver Post Staff Writer
Full Story: http://www.denverpost.com/business/ci_4341102
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DirecTV up and running in Missoula, MT http://www.matr.net/article-20198.html
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