Hubbard has Hughes bird in hand. (U.S. Satellite Broadcasting chairman Stanley S. Hubbard concludes contract with Hughes Communications Inc.)
Multichannel News, June, 1991 by Thompson, Rachel W.
Hubbard Has Hughes Bird In Hand U.S. Satellite Broadcasting and Hughes Communications Inc. have concluded an agreement worth over $100 million under which Hughes will build and operate a direct-broadcast satellite and USSB will own and program five of its 16 120-watt transponders. An ecstatic Stanley S.
Hubbard, USSB chairman, calculated that it had taken him 10 years and one month to obtain a firm deal for capacity on a high-power bird: "Three thousand, six hundred and eighty-five days from the day we filed our application for DBS with the FCC, the deal is done." USSB is guaranteed a July 1994 start-up date, and will transmit to 24-inch dishes. Analysts expressed cautious interest in the announcement. Noting that recent developments in digital...
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