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Murdoch Happy with DirecTV...

Discussion in 'DIRECTV General Discussion' started by Nick, Jan 10, 2006.

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  1. Nick

    Nick Retired, part-time PITA DBSTalk Club

    Apr 23, 2002
    Top exec "delighted" with DirecTV progress

    During an investor conference Monday, News Corp. Chairman and
    Chief Executive Rupert Murdoch heaped praise on DirecTV, which
    is controlled by the international media giant, but also admitted
    there have been challenges for the satellite TV service.

    Murdoch, speaking before the Citigroup Entertainment, Media and
    Telecommunications Conference in Arizona, said DirecTV "has
    grown very fast ... maybe too fast," referring to record subscriber
    additions but also high churn for the DBS service. "We have learned
    the hard way about churn," Murdoch said. To address churn,
    DirecTV is putting (new) customers though credit checks, he said.

    Also, Murdoch admitted DirecTV "is under attack in some places,"
    including the packaging of broadband with other services by cable.
    However, Murdoch said News Corp., and presumably DirecTV, are
    looking at broadband alternatives, including potential partnerships
    and new technology. He wouldn't offer details.

    "We have a lot of people working on this full time," said Murdoch on
    the company's broadband plans. He said details on a broadband
    strategy could be revealed by the company within two months.

    Despite challenges, the top exec said he's "delighted" with DirecTV's
    progress since News Corp. took it over in December 2003.

    In addition to commenting on DirecTV, Murdoch spoke about TV in
    general, saying "local television is going to stay very strong." To
    keep up that pace, Fox-owned stations across the country are
    expanding the number of hours devoted to local coverage, he said.

    www.SkyReport.com - used with permission
  2. RAD

    RAD Well-Known Member

    Aug 5, 2002
    Well, I'm glad he's happy since most of his HD customers are not happy at this time.
  3. Nick

    Nick Retired, part-time PITA DBSTalk Club

    Apr 23, 2002
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