|Echostar Looking to Buy DirecTV|
|Home Theater News Industry-Trade News|
|Written by Jerry Del Colliano|
|Wednesday, 15 August 2001|
Echostar Communications, after last week's announcement of a deal to broadcast CBS' HDTV signals via their DSS satellite system, has made an offer to acquire competitor DirecTV from Hughes Electronics. DirecTV has been on the block in 2001 with reported interest from Rupert Murdock's News Corp. General Motors, the parent company of Hughes, is seriously looking at the offer from Echostar.
DirecTV is the leader in consumer satellite TV with over 10,000,000 end users and widespread commercial success including its legislative victories to provide local TV stations via satellite. No matter who buys DirecTV, Hughes is planning to launch yet another satellite which will provide even more local channels which is of interest to mainstream clients but doesn't address the new, wildly improved video format of HDTV.