Attorneys for the Justice Dept. plan to file suit to block a merger of rival satcasters EchoStar and DirecTV, according to press reports Wednesday. Their move comes despite a last-ditch effort by the…
DirecTV intends to make some money -- even if that means slower subscriber growth. The quarterly financials of parent Hughes Electronics, released Monday, showed fewer new subscribers to the…
News that government regulators have rejected the merger of satcasters EchoStar and DirecTV moved stock prices up all over the pay TV sector on Friday, with cable operators among the biggest winners.
There's at least one man sporting a Cheshire Cat grin now that the Federal Communications Commission has put the kibosh on EchoStar's merger with DirecTV -- Rupert Murdoch.
After approving every major media merger for the past 30 years, the Federal Communications Commission on Thursday resoundingly rejected the $14 billion EchoStar/DirecTV union as a monopoly that could…
Regulators drew the curtains Thursday on EchoStar's attempts to merge with DirecTV, and tacitly ushered in an almost certain second act of Rupert Murdoch's U.S. satcasting play.
In another twist to the already knotted DirecTV-Echostar merger saga, DirecTV chief exec Eddy Hartenstein said he would likely walk from the deal if some resolution were not reached by January 21 of…
With Charlie Ergen of EchoStar fighting the corporate battle of his life to save the merger with DirectTV from regulatory rejection, cable godfather Charles Dolan of Cablevision may yet get to play…
In an 11th-hour bid to buy extra time to salvage its imperiled merger with DirecTV, EchoStar has asked the Federal Communications Commission for a public hearing of its direct satcast service merger…
Execs at Rupert Murdoch's News Corp. are ready to make an offer for General Motors' stake in Hughes if EchoStar's bid for DirecTV is officially rejected.