Liberty Doesn't Plan To Merge Sirius, DirecTV
February 26, 2009 at 5:24 AM (PT)
Cable giant LIBERTY MEDIA CORP. doesn't plan to combine the satellite operations of DIRECTV GROUP with SIRIUS XM RADIO, Chief Executive GREG MAFFEI said.
A report in the LOS ANGELES TIMES says bundling subscriptions to DIRECTV and SIRIUS XM may be an "opportunity down the road," MAFFEI said in a conference call after LIBERTY MEDIA in ENGLEWOOD, CO reported fourth-quarter results.
LIBERTY agreed last week to buy a 40% stake in SIRIUS (NET NEWS 2/17).