I don’t pretend to understand the recent tradings of stock and whatnot between Liberty Media and News Corp. when it comes to DirecTV. What it could mean however is that if you’re a subscriber, you may just end up logging into a Verizon or AT&T site to pay your bill.
Home Theater Magazine is reporting that Greg Maffei, CEO of Liberty Media, has said that “it is possible.”
From the article:
Might that include a sale of DirecTV to one of the major telcos? Under the outgoing corporate structure, no. Under the new one, "it is possible," says Greg Maffei, CEO of Liberty Media.
The telcos, notable AT&T and Verizon, have been competing with cable operators for "triple play" customers, but the slow rollout of video services has hampered their efforts to compete in that area. With satellite service as an option, one of them could sign up a lot of new customers fast.
The article goes on to state that DirecTV’s profits are down so far for the year as they seek new subscribers. If a trend like that continues, it might be a good buy for some lonely telcom company.
Head over to Home Theater Magazine to read the full article.
