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The New DU. Reply #13: Interesting...
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cascadiance
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Tue Feb-15-05 11:51 AM
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Edited on Tue Feb-15-05 11:51 AM by calipendence
I wonder if Soros is trying to corner the satellite TV market. Earlier the FTC prevented a DirectTV/Dish Network merger when Hughes (owner of Echostar) tried to buy out DirecTV.
Now it looks like Soros is investing in ownership of both DirectTV (News Corp) and Dish Network (Echostar)... I wonder how soon before he looks to buy controlling shares of Sirius and/or XM too? Maybe this is a prelude to guaranteeing that satellite TV all have a new liberal network of his showing there.
I doubt thought that Rupert Murdoch will let him get controlling access of News Corp though and not mess with his Fox News empire. I wonder what Soros has up his sleeve though...
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