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BUSINESS
January 4, 2006 | From Reuters
DirecTV Group Inc. said it planned to roll out various products in 2006, including its DirecTV 2Go service for portable media players and a high-definition digital video recorder. Starting in the first quarter, El Segundo-based DirecTV, which is about 34% owned by News Corp., will offer customers programs from NBC and cable networks USA, Sci Fi and Bravo within hours after they air.
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BUSINESS
December 13, 2005 | From Bloomberg News
DirecTV Group Inc., the biggest U.S. satellite television provider, has agreed to pay more than $5 million to settle a 22-state probe of the company's marketing and advertising, New York Atty. Gen. Eliot Spitzer said Monday. The El Segundo-based company agreed to reform its advertising and marketing policies, said a statement posted on Spitzer's website.
BUSINESS
November 11, 2005 | From Bloomberg News
DirecTV Group Inc. of El Segundo agreed to sell the rest of its Hughes Network Systems unit to SkyTerra Communications Inc. for $100 million as it shed the last of its non-satellite assets. New York-based SkyTerra, an affiliate of private equity firm Apollo Management, bought half of Hughes Network Systems on April 25. SkyTerra said it would pay for the other half with short-term debt.
BUSINESS
October 11, 2005 | From Bloomberg News
DirecTV Group Inc. said its Latin American unit would cut 100 jobs and close a Florida broadcast center. DirecTV Latin America will move Florida operations and 30 jobs to Long Beach, the company said. DirecTV has been reorganizing its Latin American operations since October 2004, when the company said it would sell subscribers in Brazil and Mexico to News Corp.'s Sky television service. Sky sold its customers in Colombia, Chile and other countries to DirecTV.
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.
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.
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