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What's the latest on DISH-TV buying DIRECT-TV?
vanity | June 26, 2002 | vanity

Posted on 06/26/2002 3:42:25 PM PDT by Lady In Blue

I heard several months ago that DISH-TV was going to buy DIRECT-TV but that it had to be approved.Todate,I haven't heard anything more.Does anybody have an update? Thanks.


TOPICS: Your Opinion/Questions
KEYWORDS: approvedornot

1 posted on 06/26/2002 3:42:25 PM PDT by Lady In Blue
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To: Lady In Blue
That's true. Officially, it's Echostar buying Hughes TV. Congress had hearings several months ago and I haven't heard the latest. I go off and see what I can find out. As Dish Network subscribing, it's better for me. I haven't seen any change yet.
2 posted on 06/26/2002 3:52:55 PM PDT by Kermit
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To: Lady In Blue
To follow the latest news, see -

NasdaqNM:DISH

and

NYSE:GMH

3 posted on 06/26/2002 3:55:42 PM PDT by HAL9000
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To: Kermit
Thank you very much for the info.I had forgotten that the official names were.Thanks again.
4 posted on 06/26/2002 4:19:59 PM PDT by Lady In Blue
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To: HAL9000
Thank you for the links.I'll check them both out.
5 posted on 06/26/2002 4:20:55 PM PDT by Lady In Blue
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To: Lady In Blue
This just in from Electronic Media:

"NAB wants lawmakers to block EchoStar-DirecTV deal:

The National Association of Broadcasters and other organizations sent a letter Wednesday to all members of Congress underscoring their opposition to the merger of EchoStar and DirecTV.

The letter is signed by leaders of the NAB, American Cable Association, National Rural Telecommunications Cooperative, National Rural Electric Cooperative Association, American Antitrust Institute and USAction. In it, the organizations cite long-standing concerns about the merger, particularly EchoStar's promise to institute a nationwide pricing plan, a promise the letter says is "riddled with uncertainties."

The groups express fear that the merger would create a direct broadcast satellite monopoly that would have an unfair advantage over its smaller cable competitors and would gain opportunities to abuse its power particularly in rural markets."

I'd expect Congress or the FCC to get involved before this is over.

6 posted on 06/26/2002 5:20:28 PM PDT by Hessian
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To: Hessian
The letter is signed by leaders of the NAB, American Cable Association, National Rural Telecommunications Cooperative, National Rural Electric Cooperative Association, American Antitrust Institute and USAction. In it, the organizations cite long-standing concerns about the merger, particularly EchoStar's promise to institute a nationwide pricing plan, a promise the letter says is "riddled with uncertainties."

The groups express fear that the merger would create a direct broadcast satellite monopoly that would have an unfair advantage over its smaller cable competitors and would gain opportunities to abuse its power particularly in rural markets."

N.A.B. and cable companies could care less if a rural area gets a signal. They don't want to set up the needed system to serve these areas but yet think they should be the gate keepers and sole sayers of who can and who can not recieve Dish Net and other satellite services on the four major broadcasting networks.

I live within 20 miles of all four local network affiliates. All four consider themselves sole owner of the local airmarket even in areas they can not serve with a viewable signal like where I live due to terrain. Billy Tuazin was one who helped grant them this abuse.

If a person checks the history of broadcasting it was part of our civil defense system The Emergency Broadcast System to be precise. Local NBC, ABC, CBS, & Fox affiliates are allowed to use the system that was paid for on the backs of the taxpayer and not required to either provide the signal or let another service provide that service. They as well forbid the watching of distant city network broadcast. This law {The Satellite Viewers Act} should be repealed. It still puts local stations as owner of airwaves and makes the Nielsen rating company have the sole say about what constitutes the local viewing area without consideration of terrain.

Our money {the Taxpayer} funded the technology for development of the Clarke belt which all networks and satellite systems use. Our money as early Bell System Customers in the 1960's provided them subsidy to offset the cost of nation wide networking. It's time to free up the airwaves to reasonable usage as it was intended.

7 posted on 06/26/2002 7:35:29 PM PDT by cva66snipe
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To: Lady In Blue
I saw a Dish ad soliciting letter's, so the merger hasn't been approved yet. Here's the latest from the Echostarmerger.com site:

Merged EchoStar and Hughes Will Deliver Local Broadcast Channels To All 210 U.S. Television Markets

02/26/2002

Combined Company Will Also Bridge 'Digital Divide' With Affordable Broadband Satellite Internet Service in Every Market

El Segundo, CA and Littleton, CO, February 26, 2002 - EchoStar Communications Corporation (Nasdaq: DISH) and Hughes Electronics Corporation (NYSE: GMH) announced today a new proposal that will enable the combined company to deliver local broadcast TV channels in all 210 Designated Market Areas (DMAs) in the United States.

In their joint satellite application filed with the Federal Communications Commission (FCC) late Monday, the companies detailed a technically and commercially feasible "Local Channels, All Americans" plan developed by DISH Network and DIRECTV engineers that will allow the merged company to offer every consumer in the continental United States, Alaska, and Hawaii access to satellite-delivered local television signals.

The filing also seeks authority to launch and operate a new spot-beam satellite that when combined with four existing and under-construction EchoStar and DIRECTV spot-beam satellites and spectrum efficiencies achieved by combining frequencies from three of the companies' orbital locations, will enable the merged company to broadcast local TV channels in all 210 DMAs, including full compliance with federal must carry requirements. Today, DIRECTV and EchoStar deliver local broadcast channels via satellite to consumers in a total of only 42 metropolitan markets. The merger eliminates carriage of duplicative content - a total of more than 500 identical channels - from the DIRECTV and DISH Network satellites which, when coupled with advanced spot-beam satellites and efficiencies created by the merger, would enable local channel delivery in all U.S. DMAs.

EchoStar and HUGHES filed the satellite application today contemporaneously with their filing of a formal response to comments on the merger previously filed with the FCC on Feb. 4.

"While there are numerous consumer and competitive benefits from this pending merger, the ability to offer local channels to every consumer in every television market in the country - including rural and underserved areas - certainly is one of the most compelling aspects of this deal," said Charles Ergen, chairman and CEO of EchoStar. "Today, approximately 42 million TV households do not have the option to receive local channels via satellite, and as such, have no choice but to subscribe to cable. Without this merger, many of those will never see local channels on satellite and have no choice of local television providers."

Ergen continued, "We have heard the concerns of local, state and federal representatives and officials and we appreciate their feedback and input. Only if this merger is approved by the federal government will millions of consumers in small and rural markets in every state finally have a true, competitive alternative to incumbent cable operators. Clearly, this merger is a win for consumers across all of America."

New set-top boxes and satellite dishes, which will be capable of receiving satellite signals from multiple orbital slots, will be made available free of charge to all existing DIRECTV and EchoStar customers who will require new equipment in order to receive their local channels from the combined company.

Consumers across the country will receive programming from the merged direct broadcast satellite service via one small satellite dish and will pay the same nationwide price for services. "We are one nation, and there will be one dish and one rate card, regardless of a subscriber's location," said Ergen.

"This merger will bring to fruition so many tremendous benefits to consumers that it will set a new standard for the delivery of multichannel video and broadband services," said Jack Shaw, CEO of HUGHES. "In addition to delivering local channels in all 210 television markets, the combined company will bridge the 'digital divide' by offering affordable high-speed satellite Internet access to consumers in every market, including the most rural areas of the country. We will create a more robust and efficient satellite platform with a larger subscriber base that will enable the merged company to transition existing niche satellite Internet services to a more affordable and accessible next-generation service."

The combined EchoStar-HUGHES will also offer more high definition channels, new interactive services, expanded national programming networks and additional educational, specialty and foreign-language programming.

The ability of the combined company to serve all 210 DMAs with local channels is contingent upon the proposed HUGHES-EchoStar merger receiving the necessary government approvals from the FCC and U.S. Department of Justice, and the successful launch of three new spot-beam satellites. Implementation of the "Local Channels, All Americans" plan will begin immediately upon regulatory approval of the merger, and the rollout can be completed as soon as 24 months thereafter. The proposed transaction is also subject to review by the Internal Revenue Service, and requires approval by a majority of GM $1-2/3, GM Class H and EchoStar shareholders.

8 posted on 06/27/2002 8:01:39 AM PDT by Kermit
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