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DirecTV Sale To Baby Bell Rumor Heats Up (Again)
AT&T, Verizon have recently expressed interest
09:05AM Friday Nov 20 2009 by Karl Bode
For years the rumor has floated out there that either Verizon or AT&T would buy DirecTV in order to have direct control of the company's satellite TV operations. Sometimes these rumors are based in conjecture, but more often than not they're based on
nothing whatsoever. With DirecTV prepared to get a new CEO (their last CEO just departed to be Rupert Murdoch's right-hand man at News Corp.), the rumors are apparently bubbling up once again. According to
Reuters, representatives from both AT&T and Verizon
have approached Liberty Media over the last few years about a sale, and the outlet cites sources who believe new CEO Michael White is little more than a "babysitter" until this endlessly-rumored deal can be accomplished.
15 comments
DirecTV Loses CEO Carey
Will become Rupert Murdoch's right hand man
03:32PM Thursday Jun 04 2009 by Karl Bode
Confirming one of the worst kept
secrets so far this year, DirecTV CEO Chase Carey is
quitting his job at DirecTV to return to News Corporation, where he'll be Rupert Murdoch's right hand man. Under Carey's watch, DirecTV renegotiated their exclusive deal with the NFL (the bane of cable and telcoTV viewers everywhere), led the industry in HD channel total and quality, and fused with Liberty Media. One notable thing Carey
didn't try to do was force the company back into the broadband business after
several previous failed attempts. Carey's new boss, Rupert Murdoch, hasn't had
much nice to say about DirecTV over the years, at one point calling the company "
a turd bird."
12 comments
DirecTV/AT&T Sale Rumors Return...Again
DirecTV CEO may be eyeing position at News Corporation
06:14PM Monday Jun 01 2009 by Karl Bode
DirecTV CEO Chase Carey's
potential departure for News Corporation has resulted in
yet another round of rumors that DirecTV could be sold. According to Collins Stewart cable and satellite analyst Tom Eagan, Carey's done the "heavy lifting" in turning the satellite carrier around and negotiating the Liberty Media merger and NFL contract extension -- and is now ready to be Rupert Murdoch's number right arm at News Corp. AT&T, who just selected DirecTV as their exclusive TV resale partner in non-U-Verse neighborhoods, has been rumored to be a prime candidate to take over DirecTV for as long as we can remember. Other than stock fluctuations (which may be the whole point), nothing ever comes of the rumors.
21 comments
Judge Orders DirecTV To Stop Ads
Unless they change Charter bankruptcy language...
(old news - 08:32AM Thursday May 14 2009)
Charter Communications
sued DirecTV earlier this week for false advertising, claiming that DirecTV ads urging customers to flee Charter due to their bankruptcy and reorganization infer that the company is on the brink of disaster. A Judge has subsequently ruled that DirecTV
must stop running the ads unless they are modified. "We are still able to point to the fact that Charter is in bankruptcy and the outcome is uncertain," DirecTV says -- they apparently just can't advise customers to run for their lives.
17 comments
Charter Sues DirecTV Over Bankruptcy Ads
Company insists it's not a 'sinking ship...'
(old news - 10:01AM Tuesday May 12 2009)
The St Louis Post-Dispatch reports this morning that
Charter has filed suit against DirecTV seeking damages and an injunction over a recent DirecTV ad campaign. Charter claims the DirecTV ads infer that Charter's recent
bankruptcy filing means Charter will soon go under, and that customers should flee to DirecTV in order to continue receiving television service. From the
complaint:
...a number of ads claim that Charter's customers must be "saved" from Charter's bankruptcy, and depict DirecTV as their life-preserver or fire extinguisher clearly implying the outright falsehood that Charter's customers should switch to DirecTV's competing service, because Charter is a figurative "sinking ship" or "going up in flames..."
Technically, Charter's
ugly fight with creditors could end badly, resulting in the dissection and sale of Charter assets, but Charter repeatedly insists that customers will see no impact from the reorganization.
81 comments
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