Pegasus: FCC should halt DBS merger review. (Policy).(EchoStar Communications Corp.-DirecTV merger;)(Vivendi Universal allianec with EchoStar)(Brief Article)
Multichannel News, January, 2002 by Hearn, Ted
WASHINGTON -- Pegasus Communications Corp. wants to slam the brakes on federal review of the EchoStar Communications Corp.-DirecTV Inc. direct-broadcast satellite merger until EchoStar offers greater detail about its alliance with Vivendi Universal S.A.
Last month, Vivendi agreed to invest $1.5 billion in EchoStar, which in return pledged to launch five Vivendi channels on a non-exclusive basis under a broad alliance between the two companies.
The alliance was announced less than two weeks after EchoStar and DirecTV had submitted their merger for Federal Communications Commission approval. The companies' filing said one of the public benefits of the deal was that the new entity did "not intend to pursue a strategy of vertical integration with...
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