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DirecTV CEO: “Never Say Never” To A Merger Deal With Dish Network

Discussion in 'News' started by Athlon646464, Aug 3, 2013.

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  1. Athlon646464

    Athlon646464 News Hound

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    Feb 23, 2007
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    DirecTV CEO: “Never Say Never” To A Merger Deal With Dish Network

    This was a lousy day for DirecTV after it reported lower-than-expected earnings, with especially weak results in Latin America. But CEO Michael White gave investors at least one reason to stick with the company: He signaled in a call with analysts that he’d be receptive to the idea of a merger with Dish Network. “I don’t think it’s productive for me to speculate what regulators may or may not do, but the competitive landscape is very different than it was 10 years ago” when the FCC rejected a Dish-DirecTV merger plan, he said.

    For one thing, ”the balance [of power] between content distributors and providers is out of whack.” He has long charged that programmers are demanding dangerously high new fees for their content –a position he reiterated today. “I’ve seen more customer complaints about the price increases,” he says. “My own view is that it’s not going to change in the short term. But it’s clear that this isn’t sustainable beyond the next couple of years. Something is going to have to give.”

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