It's Official: News Corp to Buy DirecTV

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."

Slanderer!

[0xdeadbeef]

It's fair and balanced. They say so themselves. Why is everything a conspiracy with you liberals?

FOX?

[johnkoer]

I couldn't help thinkin of the Simpsons on this one:

Lisa: It's wonderful to think for ourselves again.
Bart: You said it, sister!
TV: You are watching Fox.
All: [Zombie-like] We are watching Fox.

Yay! Finally a great deal for everyone!

[standards]

It's great to hear that the world-wide media industry is getting more and more efficient over time. With only a few large players in the industry, billing can be consolidated and redundancy of equipment and programming can be minimized, saving globs of cash.

In the end, this is sure this will bring higher quality service and programming at significantly lower prices!

Alas, the savings and increase in quality will happen only over an extended period of time.

And with inflation and government regulations, we customers might perceive lower quality and higher prices.

But no... it'll be much better than it would've been... just look how radio has improved in the past 20 years!

Re:Murdoch-ing the world

[Zigg]

Oh no, people might watch something and agree with it!

Quickly! We must get the government to stop this! Only Vendekkai-approved news sources must be allowed to have audiences!

Re:Murdoch-ing the world

[phyreman]

Can it be? A voice of reason within the first 25 comments on slashdot....

Re:Yay! Finally a great deal for everyone!

[TopShelf]

No, I disagree - DirecTV should have gone to a small, independent outfit like Clear Channel Communications...

Re:No, they withdrew

[Anonymous Coward]

Please don't dredge up facts.

Like the fact Bush won Florida, and the economic began in 2000 downturn (18 mos before Bush's first budget).

The people here don't want to hear them.

Re:FOX?

[laughing_badger]

Coffee --> nose as I remembered:

Homer:

We apologize for misleading you and urge you to watch as many Fox shows as possible.

So in summary, NBC bad. Fox good.

*pause*

CBS great-*gunshot, thud*

Re:Murdoch-ing the world

[Anonymous Coward]

You have *seen* FoxNews haven't you?

Here's an accurate interpretation [fark.com]

Re:And people say the US government isn't corrupt.

[DASHSL0T]

What the US needs first is a publicly funded broadcasting corporation

I agree. We need something like Iraq TV. Baghdad Bob, come back, we need you for the 5 O'Clock Eyewitness News.

Re:Murdoch-ing the world

[ChrisNowinski]

CNN leans left? Tell that to Wolf Blitzer and Aaron Brown. I'm certain they would be surprised to find that out.

Re:FOX?

[Icculus]

I own 60% of those networks! I suppose you don't like tabloid newspapers either, eh?