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SPORTS
September 2, 2005 | Larry Stewart, Times Staff Writer
Imagine watching a football game in 30 minutes, with no commercial interruptions and no down time between plays. Or imagine being alerted on the screen anytime one of your Fantasy League players scores. Or how about watching eight games at a time on one screen, or watching games live on your cellphone or laptop computer? These are a few of the technological advances that will be available through DirecTV's NFL Sunday Ticket pay package either this season or next.
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BUSINESS
August 12, 2005 | Alex Pham, Times Staff Writer
DirecTV Group Inc. said it would stop marketing TiVo Inc.'s digital video recorders in October, when the satellite television company plans to introduce its own service. "The product we will market is our product," DirecTV Chief Executive Chase Carey said Wednesday at the Reuters Telecommunications, Cable and Satellite Summit in New York. El Segundo-based DirecTV announced in January that it would begin selling its own recorder this year alongside TiVo.
BUSINESS
August 9, 2005 | From Bloomberg News
Comcast Corp. and Time Warner Inc., which made a joint bid on smaller rival Adelphia Communications Corp. in April, are fighting a proposal by DirecTV Group Inc. that they be banned from signing exclusive contracts for regional sports programs after the transaction. The Federal Communications Commission "should reject requests that it prohibit" the cable companies "from entering into exclusive arrangements," Time Warner and Comcast said in a filing with the FCC.
BUSINESS
August 9, 2005 | From Bloomberg News
DirecTV Group Inc., the largest U.S. satellite television provider, doesn't have to provide rival EchoStar Communications Corp. with competitive data for a patent infringement lawsuit between TiVo Inc. and EchoStar. U.S. Magistrate Judge Ralph Zarefsky in Los Angeles denied EchoStar's request that would have compelled DirecTV to provide profit margins from sales of digital video recorders as well as internal documents regarding DirecTV obtaining a license from TiVo.
BUSINESS
August 5, 2005 | From Associated Press
DirecTV Group Inc. swung to a profit in the second quarter, reporting Thursday that subscriber growth drove a sharp rise in revenue for the satellite television broadcaster. The El Segundo-based company, which is controlled by global media conglomerate News Corp., earned $162 million, or 12 cents a share, in the three months ended June 30, contrasted with a loss of $13 million, or 1 cent, a year earlier.
BUSINESS
May 3, 2005 | From Bloomberg News
DirecTV Group Inc., the largest U.S. satellite television service, said Monday that its first-quarter loss narrowed to $41.4 million as it signed up more subscribers than analysts had expected. The net loss shrank to 3 cents a share from $638.8 million, or 46 cents a share, a year earlier, when the El Segundo-based company recorded $789.1 million in costs for an accounting change and the sale of its PanAmSat unit. Sales rose 26% to $3.15 billion, DirecTV said.
BUSINESS
April 7, 2005 | From Bloomberg News and Reuters
DirecTV Group Inc., the biggest U.S. satellite TV firm, canceled a planned $500-million junk bond sale rather than pay the higher interest rates investors have demanded on lower-quality bonds since early March. The company said it would instead borrow more under a planned loan arrangement with its banks. The proceeds would be used to refinance existing debt. "We felt the economics were more favorable going this route," DirecTV spokesman Bob Marsocci said Wednesday.
BUSINESS
March 18, 2005 | Meg James, Times Staff Writer
Rupert Murdoch on Thursday tapped his longtime go-to guy, David Hill, to become president of the newly created DirecTV Entertainment group, with a goal of jazzing up the satellite television giant's offerings. One of sports' most influential executives, Hill will remain chairman of the Fox Sports Television Group but will give up day-to-day management duties. News Corp. owns Fox and is DirecTV's largest shareholder. The 58-year-old Hill will join El Segundo-based DirecTV Group Inc.
BUSINESS
March 8, 2005 | Sallie Hofmeister, Times Staff Writer
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 commuting weekly between New York and the company's El Segundo headquarters. Instead, sources said, the company would be run by DirecTV Group Inc. Chief Executive Chase Carey and two other News Corp.
BUSINESS
February 10, 2005 | From Bloomberg News
DirecTV Group Inc., the largest U.S. satellite television operator, said the Securities and Exchange Commission wouldn't require a change in how it accounted for a write-down and businesses the company bought and sold last year. DirecTV, which is majority owned by News Corp., in January said the SEC wanted details on how it accounted for transactions involving Pegasus Communications Corp., the National Rural Telecommunications Cooperative and Thomson in the second quarter.
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