Sea Launch Plans Newest Satellite Launch The DIRECTV Group has scheduled a late April launch for a satellite aboard a Sea Launch rocket. Sea Launch, which launches satellites into orbit from a mobile sea-going platform near the equator, is headquartered in Long Beach. The Boeing-built Spaceway F1 satellite is one of four that DIRECTV has […]
DirecTV Shares Could Rise More Than 50 Pct – Barron’s Shares of satellite television provider DirecTV Group Inc. could rise more than 50 percent within the next year, a Wall Street analyst told Barron’s newspaper. DirecTV could prove to be a cheap investment in pay-television if it increases its cash flow at rates expected by […]
Did DIRECTV Try to Buy TiVo? A little over a year ago, the DIRECTV-TiVo relationship seemed to be a perfect marriage. The satellite TV provider was using the Digital Video Recording service to attract new subscribers, particularly among early adopters of new technology. TiVo, which had struggled to persuade VCR owners to try the new […]
Ten Sports signs a major deal with DirecTV Ten Sports, the world’s number one sports channel for South Asians, today announced an agreement with DIRECTV, the leading and fastest-growing digital television service provider in the United States, to offer live action from each and every international cricket match played in Sri Lanka till 2008. Beginning […]
DIRECTV Not Likely to Add HDTV Soon DIRECTV is currently running a TV commercial promoting its plan to offer up to 1,500 High-Definition TV channels. However, if you’re a current subscriber, it may be awhile before you see any additions to the DIRECTV HD lineup. DIRECTV now carries seven national HDTV channels, in addition to […]
Los Angeles Business Journal Online DirecTV Group Inc., said two of its units will take out a new $2 billion secured credit line and will sell nearly $500 million in unsecured bonds to pay off the units’ $1.26 billion credit line and to repay an $875 million promissory note owed to the parent company. The […]
Does anyone want TiVo? Shares of TiVo have surged nearly 20 percent in the past month. But some analysts think investors need to hit the rewind button on the stock. TiVo, the company that popularized digital video recording technology, has never reported a profit and analysts are forecasting a loss of 43 cents a share […]
DirecTV Exec Steps Down The president of DirecTV abruptly resigned Monday, a little more than a year after he was handpicked for the job by News Corp. Chairman Rupert Murdoch in the wake of his takeover of the satellite TV leader. DirecTV executives said no replacement would be named for Mitchell Stern, who had been […]
DirecTV Files Lawsuit Against 19 Canadians DirecTV, Inc. announced today that it has filed a lawsuit in Ontario against 19 Canadian citizens and five of their businesses that it believes were participating in a scheme to activate fraudulent DirecTV accounts that enabled individuals to receive DirecTV programming without authorization by, or proper payment to DirecTV. […]
DirecTV Unit Chief Quits A top executive at DirecTV left the company as CEO Chase Carey consolidated his control of the satellite television broadcaster. DirecTV said Mitch Stern, who had been president and CEO of its DirecTV Inc. operating subsidiary, left effective today. Carey will take over his roles, and the company won’t replace Stern. […]