LodgeNet Deal Could Lift DirecTV.(LodgeNet Entertainment Corp.)
Multichannel News, January, 2007 by Farrell, Mike
By Mike Farrell Liberty's Sale of On Command May Aid Its Newest Asset LodgeNet's agreement last month to purchase On Command for about $380 million in cash and stock not only joins the two largest in-room entertainment companies in the hospitality space, but also could help former parent Liberty Media gain a larger hotel foothold for its new holding, DirecTV Group.
LodgeNet will nearly double its size with the On Command deal, adding On Command's 830,000 hotel rooms to its existing 1 million-room footprint. LodgeNet provides in-room movies, video games, high-speed Internet service and other interactive services to more than 6,000 hotels in the U.S. and Canada. In addition to the hotel rooms it furnishes with movies and video games, On...
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