DirecTV could go to Liberty Media

Cory Bergman September 15th, 2006

In a change of heart, News Corp’s Rupert Murdoch has reportedly called DirecTV a “turd bird” and is considering selling his 38 percent stake in the satellite company to Liberty Media. Analysts say Murdoch is likely growing tired of DirecTV’s sluggish subscriber growth and difficulty in offering a competitive high-speed internet service. Meanwhile, FCC chair Kevin Martin said any ideas about trying another merger between DirecTV and Echostar would face reluctance by regulators. (On a separate note, CNBC on the air scooped the story, but it’s nowhere to be found on the site’s home page. Lame.)