DirecTV to Sell Half of Hughes Systems
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Rupert Murdoch's DirecTV Group Inc. will sell half its stake in Hughes Network Systems Inc. to SkyTerra, a company controlled by a New York private equity firm, the companies said Monday. -Michael S. Rosenwald
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Clearwire said Thursday that it had penned deals with both DirecTV and EchoStar, the parent of DISH Network, to allow them to offer the company's high-speed internet services as part of their packages.
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Sirius Satellite Radio Inc.  said on Wednesday it plans to sell a video service beginning in the second half of 2006 and will use software from Microsoft Corp.  for the service.
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DirecTV Group DTV.N the largest U.S.  satellite television service, will buy its controlling  shareholder News Corp Ltd.'s NCP.AX stakes in Sky Latin  America for $579 million and combine its operations with  DirecTV Latin America, the companies said on Monday.
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DirecTV Group, the largest satellite television programmer, has said that its loss widened considerably in the third quarter because of a one-time charge to write down the value of two satellites.
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Media & professional: Emap agreed to sell half of its music TV business to Channel 4 yesterday.
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TORONTO (CP) - Celestica Inc. has inked a deal to sell its power systems business to C&amp;D Technologies of Pennsylvania for an undisclosed amount.
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DirecTV Group  the largest U.S. satellite television service, will buy its controlling shareholder News Corp Ltd.'s  stakes in Sky Latin America for &#36;579 million and combine its operations with DirecTV Latin America, the companies said on Monday.
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The second-largest radio company in the U.S. based on station count has agreed to sell the company to a group of investors that includes the broadcasterâs chief executive.
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By Franklin Paul and Kenneth Li NEW YORK  - Rupert Murdoch's News Corp. Ltd. on Monday said it will sell its stake in Sky LatinAmerica to its DirecTV Group  for $579 million, creatingsatellite broadcast monopolies in a region where profits havebeen elusive.
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NEW YORK, Feb. 7  /PRNewswire-FirstCall/ -- CBS Corporation  announced today it has entered into a definitive agreement to sell seven of its owned television stations to Cerberus Capital Management, L.P. for $185 million.
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Ovation TV, the only network devoted exclusively to art and art-related  programming, has completed a carriage agreement with DIRECTV (NYSE:DTV),  the nation's leading satellite television  provider, and is targeting a mid-2007 launch on the satellite service.
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General Electric Co. said Monday it will sell a majority stake in its global outsourcing business to two US-based equity firms for $500 million.
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Verizon Communications Inc. and Montgomery County officials said yesterday that they have reached a tentative agreement that could allow the telecommunications giant to sell its new fiber-optic cable television service in an area heavily dominated by Comcast Cable Communications Inc.
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BURNABY, BC (CP) - Major unitholders of the Gateway Casinos Income Fund are selling half their controlling stake in one of Western Canada&#39;s biggest casino operators.
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Xcel Energy Inc.  plans to sell its broadband communications unit in a bid to focus solely on its core utility operations, the U.S. power producer said on Monday.
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Top satellite television operator  DirecTV Group Inc  said it expected subscription growth  to be "down a bit" in 2008 after a co-marketing deal with AT&T  Inc's  BellSouth ends.