Liberty Media Corp. bought News Corp.'s interest in DirecTV. Liberty Media owns a lot of stuff, including the Atlanta Braves, Discovery Channel, USA Network, QVC, Encore, and STARZ. (Read the full list here). Liberty Media is exchanging its 16.3% stake in News Corp. for News's 38.5% stake in DIRECTV Group, Inc. [source] LM owns a stake in Sprint and a major stake in Wild Blue (satellite Internet). I would be looking for a WildBlue / DTV package in 3Q07.