DirecTV-EchoStar Merger Idea Raised, Again
July 26, 2006 12:34 PM
comment(s) - last by
If at first you don't succeed, try and try again until the FCC approves of a merger
About 6 years ago two of America's largest satellite media companies sought each other for a merger with no luck as the government would not approve a move to create a potential monopoly. 2006 has been quite a year in mergers and acquisitions and there has been a few hints on some more talks of DirecTV and EchoStar coming together from none other than Rupert Murdoch, chairman of the company that owns DirecTV. According to TVPredictions.com, Murdoch has stated that the federal government would most likely
approve a DirecTV-EchoStar merger
If it weren't for other events that hint at the two satellite/communications giants working together, Murdoch's statement would just be another meaningless statement. However, DirecTV and EchoStart have recently joined to bid on wireless airwaves in the United States and DirecTV's own CFO has stated that there are interests in a merger between the two.
EchoStar owns DirecTV's main competitor, DISH Network, which is why the initial merger was shot down in 2002. But since then there have been a number of new satellite TV offerings by various media companies to reduce a possible monopolistic practice. However, a joining of forces between DirecTV and EchoStar will mean that the only satellite media providers they will have to compete with are the smaller fish in the sea.
This article is over a month old, voting and posting comments is disabled
Doesn't sound good.
7/26/2006 2:28:37 PM
I hope it fales, otherwise it will be a monopoly on the sat market.
RE: Doesn't sound good.
7/26/2006 3:18:57 PM
Depends on how you define "the market". Is satellite TV its own market? Its product looks pretty much like cable TV to me, just with a slightly different distribution mechanism.
“Then they pop up and say ‘Hello, surprise! Give us your money or we will shut you down!' Screw them. Seriously, screw them. You can quote me on that.” -- Newegg Chief Legal Officer Lee Cheng referencing patent trolls
Samsung Unveils "Industry First" 1TB mSATA SSD
December 9, 2013, 10:21 AM
12/4/2013 Daily Hardware Reviews
December 4, 2013, 5:43 PM
12/2/2013 Daily Hardware Reviews
December 2, 2013, 3:41 PM
OCZ Goes Bankrupt, SSD Assets are Targeted by Toshiba
December 1, 2013, 9:58 PM
11/27/2013 Daily Hardware Reviews
November 27, 2013, 9:53 AM
11/26/2013 Daily Hardware Reviews
November 26, 2013, 5:42 PM
Most Popular Articles
NSA Snares Americans' Porn Viewing Histories in Effort to Target Muslims
December 1, 2013, 9:00 PM
Hackers Nab 2 Million Login Credentials from Facebook, Gmail, Twitter
December 5, 2013, 1:00 PM
Dow Chemical to NYC City Council: You Don't Even Know What Styrofoam is!
December 2, 2013, 8:30 PM
Experts: Masturbation Prevents Cancer, Diabetes, Insomnia, and Depression
December 6, 2013, 2:01 PM
Thieves Steal Truck with Cobalt-60 Onboard in Mexico, Will Die "Without a Doubt" from Exposure
December 5, 2013, 12:04 PM
Latest Blog Posts
Justice Leaks Details of Next HTC One Two Flagship Phone
Dec 5, 2013, 4:04 PM
Global Cyber Espionage Concerns Reveal Growing Cyber Armies
Nov 29, 2013, 11:04 AM
Is The Period Becoming an Expression of Anger?
Nov 26, 2013, 2:02 PM
NSA and Congress -- You Will Never Kill the Constitution, It's an Idea
Nov 10, 2013, 2:00 PM
AT&T Explores $100B+ USD Deal to Acquire Vodafone's European Operations
Nov 4, 2013, 7:34 AM
More Blog Posts
Copyright 2013 DailyTech LLC. -
Terms, Conditions & Privacy Information