Murdoch's News Corp. buys 50% stake in EchoStar for $1 billion

Rupert Murdoch's News Corporation Ltd. has broadened its stake in the direct broadcast satellite (DBS) television market with the purchase for $1 billion of a half-interest in Colorado's EchoStar Communications Corp. The new "alliance," as News Corp. termed the venture in an announcement, will offer...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.