TVBizwire

Will DirecTV Be Sold if Carey Leaves? Multichannel

With reports that DirecTV CEO Chase Carey is in negotiations to move to News Corp., one analyst said it could be the first step for a sale of the satellite-TV company, possibly to AT&T, Multichannel News reports.

Collins Stewart cable and satellite analyst Tom Eagen said in a research report Monday that with Carey's departure, the company's board may be more receptive to a sale, the trade paper writes.

"Mr. Carey has fulfilled the most pressing corporate DirecTV imperatives: turn-around DirecTV; negotiate the [Liberty Entertainment] merger; and renew the NFL agreement," Eagen said in his report, the publication notes.

—Aimee Picchi