The DIRECTV Group, Inc.
News and overview for The DIRECTV Group, Inc.
Directv recruits PepsiCo's Michael White as CEO - MarketWatch
MarketWatch | 3 days 11 hours 35 minutes ago
DTV
DirecTV profit grows as subscribers increase - MarketWatch
MarketWatch | 16 days 16 hours 13 minutes ago
DTV
Shareholders OK DirecTV spinoff but sale uncertain
Yahoo! | 2 days 9 hours 2 minutes ago
Shareholders approved the formation of a new company out of DirecTV Group Inc. and some of Liberty Media Corp.'s entertainment businesses, as the chairman of both firms dampened speculation about a sale to a big phone company.
Liberty Media Completes Split-Off and Merger with The DIRECTV Group, Inc. [Press Release]
PRNewswire | 1 day 23 hours 44 minutes ago
...Media Completes Split-Off and Merger with The DIRECTV Group, Inc. PRNewswire ENGLEWOOD, Colo. Nov. 19...business combination transaction between The DIRECTV Group, Inc. ("DIRECTV") and LEI (the "DTV Business Combination"). Liberty...
DirecTV to appoint PepsiCo executive as CEO
Yahoo! | 2 days 14 hours 3 minutes ago
DirecTV Group Inc. chose the vice chairman of PepsiCo Inc. as its chief executive Wednesday, filling a vacuum created when its former chief left just as the nation's largest satellite TV provider was in the midst of a spinoff.
The DIRECTV Group Announces Third Quarter 2009 Results [Press Release]
Business Wire | 16 days 16 hours 43 minutes ago
The DIRECTV Group, Inc. (NASDAQ:DTV) today reported that third quarter 2009 revenues increased 10% to $5.47 billion, operating profit before depreciation and amortization1 (OPBDA) increased 8% to $1.35 billion while operating profit increased 4% to $685 million compared to last year’s third quarter. Third quarter net income attributable to The DIRECTV Group increased slightly to $366 million while diluted earnings per share increased 12% to $0.37 compared with the same period last year.
DirecTV appoints Pepsi exec White as CEO
Yahoo! | 3 days 9 hours 6 minutes ago
NEW YORK (Reuters) – DirecTV Group Inc said on Wednesday it will appoint PepsiCo Inc executive Michael White as its new chief executive starting on January 1.
DirecTV, EchoStar get new CEOs
CED Magazine | 3 days 6 hours 16 minutes ago
DirecTV Group Inc. chose the vice chairman of PepsiCo Inc. as its CEO Wednesday, filling a vacuum created when its former chief left just as the nation's largest satellite TV provider was in the midst of a spin-off.
DIRECTV Group Announces Receipt by Liberty Media of Private Letter Ruling Relating to Split-Off [Press Release]
Business Wire | 25 days 17 hours 16 minutes ago
The DIRECTV Group, Inc. (NASDAQ: DTV) announced today that Liberty Media Corporation (“Liberty Media”) has received a private letter ruling from the Internal Revenue Service (“IRS”) relating to the tax treatment of various aspects of the split-off of Liberty Entertainment, Inc. (“LEI”), a wholly owned subsidiary of Liberty Media, from Liberty Media (the “Split-Off”). As a result of the Split-Off and the subsequent business combination of LEI with DIRECTV Group (the “DTV Business Combination”)...
Split-Off and Merger Approved at Liberty Media's Special Meeting of Stockholders [Press Release]
PRNewswire | 2 days 8 hours 9 minutes ago
...business combination transaction between The DIRECTV Group, Inc. ("DIRECTV") and LEI (the "DTV Business Combination"). Assuming...includes Liberty Media's interests in The DIRECTV Group, Inc., Starz Entertainment and WildBlue Communications...
Shareholders approve DirecTV spin off but sale to phone company uncertain
Hartford Courant (Conn.), The | 2 days 10 hours 32 minutes ago
Shareholders have approved a spinoff of DirecTV and other entertainment businesses from Liberty Media.
DirecTV shows subscriber gains, as rivals see loss
Yahoo! | 16 days 8 hours 52 minutes ago
Satellite TV operator DirecTV Group Inc. was one of the few pay-TV companies to gain subscribers in the third quarter, though earnings stayed steady because of the higher costs it incurred attracting and serving those new customers.
DIRECTV Completes Merger Transaction with Liberty Media [Press Release]
Business Wire | 2 days 6 hours 26 minutes ago
DIRECTV today announced the successful completion of the previously announced transactions involving the combination of DIRECTV Group and Liberty Entertainment, Inc. (LEI), a company split-off from Liberty Media Corporation. The transactions were completed following a special meeting of stockholders of The DIRECTV Group held today.
DirecTV sees subscriber gain, though 3rd-quarter earnings flat as costs offset revenue jump
Sun (Baltimore), The | 16 days 10 hours 11 minutes ago
Satellite TV operator DirecTV Group Inc. was one of the few pay-TV companies to attract new subscribers in the third quarter, as it reported revenue growth of 10 percent that was partly offset by higher costs to attract and serve those customers.
DirecTV's costs offset higher revenue in 3Q
Yahoo! | 16 days 11 hours 58 minutes ago
DirecTV Group Inc., the nation's largest satellite TV operator, said Thursday that its revenue grew 10 percent in the third quarter as it added more new customers, but its results suffered from higher marketing costs used to attract them.
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Company Overview
| Company: | The DIRECTV Group, Inc. |
|---|---|
| Industry: | Direct Broadcast Services Providers |
| Website: | http://www.directv.com |
DIRECTV takes television straight to the masses - no wires attached. The company operates the largest direct broadcast satellite (DBS) service in the US, ahead of #2 DISH Network, and in direct competition with cable providers Comcast and Time Warner. It provides service to more than 17 million customers in the US and another 5 million or so through its Latin America division. Additionally, regional US phone companies such as Verizon bundle DIRECTV video services with their voice and Internet packages. The company also offers high-definition and video-on-demand (VOD) programming. Liberty Media controls 48% of DIRECTV's voting power and plans to merge the company with its Liberty Entertainment business in 2009.
Key Numbers
| Sales in U.S. Dollars (mil.) | 19,693 (2008) |
|---|---|
| One-year % Growth in Sales | 14.2 (2008) |
| Net Income in U.S. Dollars (mil.) | 1,521 (2008) |
| One-year % Growth in Net Income | 4.8 (2008) |
| Number of Employees | 19,600 (2008) |
| One-year % Growth in Number of Employees | 59.3 (2008) |
| Fiscal Year-End | December |