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Murdoch, Malone end feud; swap DirecTV

December 22, 2006

Rupert Murdoch, who controls global media conglomerate News Corp., holds a news conference Oct. 20, 2006 in a New York file photo. Murdoch's News Corp. will swap its controlling stake in the satellite TV broadcaster DirecTV Group Inc. with Liberty Media Corp. in exchange for Liberty's 16 percent stake in News Corp., the companies announced Friday. (AP Photo/Mark Lennihan, File)AP - Three days before Christmas, two of the most powerful men in the media business, Rupert Murdoch and John Malone, formally ended a long-running feud.

Written by Yahoo! News: Digital Video/TV Technology · Filed Under HD DVD & TV 

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