Hughes's Transfer to Fox Entertainment Sets an Ominous Tone for Satellite Internet

Sector:Digital Home - U.S.

Pages:3

Publisher:Current Analysis

Hughes's Transfer to Fox Entertainment Sets an Ominous Tone for Satellite Internet

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Rupert Murdoch has followed through and acquired GM's ownership of Hughes Electronics, placing it under News Corp.'s Fox Entertainment Group. It's great news for DIRECTV, but bad news for Hughes's communications businesses.