June 21, 2013 |
Dish Network Corp. said Friday that it has abandoned its pursuit of Sprint Nextel Corp., clearing the path for Sprint's $21.6-billion deal with SoftBank Corp. Dish's announcement did not end the company's quest to acquire shares of Clearwire Corp., Sprint's wireless network partner that has agreed to merge with Sprint. In a filing Friday with the Securities and Exchange Commission, Dish did not give an explanation for its decision to drop its bid for Sprint. On Tuesday, the company said that a new agreement between Sprint and Tokyo-based SoftBank made a Dish offer "impractical" for the satellite television company.
April 28, 2013 |
BAGHDAD - The Iraqi government ordered 10 predominantly Sunni Muslim satellite television channels to cease broadcasting Sunday, accusing them of encouraging the sectarian unrest that left more than 200 people dead in a week of violence in northern Iraq. The stations included the pan-Arab news channel Al Jazeera and well-known local satellite stations. The move reflected the elevated tensions in the country since fighting erupted last week between Shiite Muslim-led security forces and Sunni Arab protesters, raising fears of a new civil war like the one that erupted from 2005 to 2008, when U.S. troops were still in the country.
April 16, 2013 |
Dish Network Corp. is taking a run at Sprint. The satellite television company made an unsolicited $25.5-billion bid for Sprint Nextel Corp. on Monday in an attempt to marry one of the nation's biggest pay-TV providers with the third-largest U.S. wireless carrier. A merger would give Dish the ability to package Internet and phone service with its satellite offerings. "A transformative DISH/Sprint merger will create the only company that can offer customers a convenient, fully integrated, nationwide bundle of in- and out-of-home video, broadband and voice services," Dish Chairman Charles W. Ergen said.
November 1, 2012 |
James Murdoch won an endorsement from shareholders to serve another year on the board of satellite television service British Sky Broadcasting. Murdoch received 95% of the vote cast Thursday in London during the annual vote of shareholders. Murdoch did, however, receive the third-lowest vote total of any of the directors up for reelection. Two others with long-term ties to Murdoch's father, News Corp. Chairman Rupert Murdoch, received fewer votes. However, despite the mild protest, both David DeVoe, chief financial officer of News Corp., and Arthur M. Siskind, a News Corp.
September 21, 2012 |
LONDON — British Sky Broadcasting, the satellite TV network partially owned by Rupert Murdoch, remains a "fit and proper" holder of a broadcast license despite the phone-hacking scandal that has engulfed Murdoch's media empire, according to Britain's communications watchdog. But the regulatory agency harshly criticized Murdoch's son, James, the former head of BSkyB, for his lackadaisical response to the hacking debacle. The agency said Thursday that James Murdoch "repeatedly fell short of the conduct to be expected of him as a chief executive officer and chairman" of News International, the British arm of his father's media giant News Corp.
September 20, 2012 |
Rupert Murdoch's News Corp. expressed gratitude over a British regulators' finding that the company remains a "fit and proper" holder of a broadcast license, but it vigorously defended the mogul's youngest son's actions while running the British arm of the sprawling operation. The media regulatory agency, known as Ofcom, on Thursday harshly criticized James Murdoch, the former head of the satellite television giant British Sky Broadcasting, for his weak response to the phone-hacking scandal that consumed the media conglomerate's London-based newspapers. Ofcom said the younger Murdoch "repeatedly fell short of the conduct to be expected of him as a chief executive officer and chairman" of News International, the British arm of his father's giant News Corp.