Author: Staff Writer

El Segundo, Calif.-based DirecTV Inc. reached a five-year, $3.5 billion agreement with the National Football League to extend and expand the company’s exclusive rights to carry “NFL Sunday Ticket.” Under...

Lockheed Martin [LMT] delivered on schedule the flight structure and key payload support equipment to Northrop Grumman for assembly of the first space vehicle in the Advanced Extremely High Frequency...

Hellas Sat now has assumed full control of the Hellas-Sat 2 satellite. In an announcement today, SES Astra‘s Techcom Unit handed over control of the Hellas-Sat 2 satellite to the...

Washington, D.C.-based XM Satellite Radio, the largest U.S. satellite TV services provider with more than 2.5 million subscribers, will launch its college basketball programming starting Nov. 15. XM, the official...

GlobeCast boosted its global distribution network by announcing three channels have joined the network. The deals are with Racing UK, The Wrestling Channel and Discovery Networks Europe. New horse-racing channel...

EchoStar Communications Corp. [DISH] reported $1.86 billion in revenues and $102 million in net income for the third quarter of 2004, compared with $1.45 billion in revenues and $35 million...

Humax, a key consumer-electronics manufacturer, is launching a new range of Liquid Crystal Display (LCD) Integrated Digital Televisions (IDTVs) in the U.K. The LB26-T will be the first of the...

Washington, D.C.-based XM Satellite Radio [XMSR] achieved better than expected third quarter results. XM was able to hold its operating costs in check, unlike its New York City-based rival Sirius...

Gilat Satellite Networks Ltd. [GILTF] said its U.S. subsidiary, Spacenet Inc., has added commercial-grade, hybrid VSAT/DSL services to its Connexstar family of broadband connectivity solutions. Spacenet’s expansion of its Connexstar...

Cyprus-based Columbia Shipman-agement is fitting more than 100 ships with Iridium satellite terminals in a move to comply with SSAS carriage requirements and to reduce ship communication costs. The decision...