DirecTV Deal Goes Through for Murdoch’s News Corporation

It’s official. Murdoch now owns Hughes Electronics and the DirecTV satellite service. The deal went through for $6.6 billion yesterday. According to the deal, News Corp. gets 34% of Hughes and Rupert Murdoch will become Chairman of Hughes. [via MediaWeek]

Picture of Steve Hall

Steve Hall

RECENT ARTICLES

TRENDING AROUND THE WEB

Are you an emotionally rich person? 10 signs your life is more meaningful than material

Are you an emotionally rich person? 10 signs your life is more meaningful than material

Global English Editing

The art of conversation: 10 simple phrases that make people light up when you first meet them

The art of conversation: 10 simple phrases that make people light up when you first meet them

Global English Editing

7 phrases people use when they’re about to give you advice that will be completely useless but they’ll be offended if you don’t take it

7 phrases people use when they’re about to give you advice that will be completely useless but they’ll be offended if you don’t take it

Global English Editing

8 heartbreaking things your Boomer mother never told you about her marriage that you won’t figure out until yours is 15 years in

8 heartbreaking things your Boomer mother never told you about her marriage that you won’t figure out until yours is 15 years in

Global English Editing

The moment I knew my Boomer parents had given up on life wasn’t when they got sick—it was when I noticed these 8 small things

The moment I knew my Boomer parents had given up on life wasn’t when they got sick—it was when I noticed these 8 small things

Global English Editing

I’m 68 and I just watched my wife of 41 years laugh at something on her phone—and I realized I haven’t made her laugh like that in years

I’m 68 and I just watched my wife of 41 years laugh at something on her phone—and I realized I haven’t made her laugh like that in years

Global English Editing