Why Malone Desires DirecTV

The Liberty Media chairman could forge another empire if he gets control of the satellite TV outfit. But his plans have been hush-hush

What does John Malone see in satellite television that Rupert Murdoch missed? That's the $10 billion question that has media experts puzzled, now that the onetime cable supremo is negotiating to secure a 38% controlling stake in DirecTV Group (DTV) from Rupert Murdoch's News Corp. (NWS).

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