‘DirecTV Simply Can’t Keep Up’

Fortune has a great piece on continuing reports that Rupert Murdoch is in talks to sell News Corp.’s stake in DirecTV. “Murdoch also seems to have fallen out of love with the satellite business, after spending close to a decade trying to buy into DirecTV.... Murdoch, associates say, now sees that broadband is the future, and DirecTV simply can't keep up.” The article notes that News Corp.’s experience with the social networking phenomenon MySpace.com is driving its strategy decidedly to broadband. Click here for the full article, “Take my satellite business – please.”
Posted on September 20, 2006 09:52 AM | Comments (0)


