Pitching itself as the channel dedicated to "living well, naturally, " Veria debuted on EchoStar Communications' Dish Network in October.
Satellite companies like Hughes Electronics and EchoStar Communications are encroaching on cable's territory, carrying hundreds of channels, including local offerings, with digital-quality picture and sound.
Those fast lines and digital connections allow cable vendors to offer bandwidth-intensive, interactive services that satellite vendors like Echostar Communications (nasdaq: DISH - news - people ) and DirecTV can't.
The Carmel Group, a satellite-consulting firm, says 2.2 million Americans will steal satellite service this year from DirecTV compared with 720, 000 from DirecTV rival EchoStar Communications (nasdaq: DISH - news - people ).
In 2001, he was humiliated when his nemesis, EchoStar Communications Chief Executive Charles Ergen Charles Ergen , snatched the satellite broadcaster out of his hands after Hughes parent General Motors had already accepted the final and highest bid from Murdoch.
EchoStar Communications may have reported an eye-catching loss this morning, but Charlie Ergen 's satellite firm has also achieved significant gains over its competitors--and analysts expect Ergen to post his first full year of profitability in 2003.
EchoStar Communications (nasdaq: DISH - news - people ) lost another court skirmish this week when the U.S. Supreme Court refused to consider EchoStar's appeal of a lower court ruling that it cannot beam local broadcast channels to a nationwide audience.
Cablevision (nyse: CVC - news - people ), Cox Communications and EchoStar are all approved bidders.
DirecTV and EchoStar have repeatedly asked the Federal Communications Commission to close the loophole, with no luck.
EchoStar has reportedly agreed to transfer dozens of communications frequencies and three satellites to Cablevision.
Thanks in part to Murdoch's considerable political influence, as well as antitrust fears, the EchoStar deal was canned by the U.S. Federal Communications Commission in October 2002, giving Murdoch another shot.
Other familiar names of issuers include Jaden Corp, Echostar (NASDAQ: SATS), and L-3 Communications (NYSE: LLL).
Sure enough, the U.S. Federal Communications Commission (FCC) voted unanimously to reject the deal that would have given EchoStar roughly 90% of the satellite television market.
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