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It's Official: News Corp to Buy DirecTV

Posted by chrisd on from the fox-news-on-500-channels dept.

Guppy06 writes "According to this Washington Post article, the heads at both News Corporation (owners of Fox) and DirecTV have agreed to a $6.6 billion deal to secure the purchase of DirecTV by News, with GM getting a little less than half of that total in cash. All that remains now is the actual exchange. For the record, EchoStar was going to pay $30 billion before the FCC shot them down."

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  1. Jon Stewart by DarkDigger · · Score: 0, Offtopic

    The Daily Show rules! TV's boldest news show