Directv Group

Directv Group is a publicly traded company having a good stock performance result. Directv Group is a fortune 500 stock listed company trading under DTV.It was launched in 1994.

 DTV was the first entertainment service in the U.S. to deliver all digital-quality, multi-channel TV programming to an 18-inch satellite dish. DTV is continuing to redefine the world of television entertainment. Advances in technology are enabling their viewers to have greater control over their viewing and experience new services on their television, such as digital video recording, high-definition TV, expanded multicultural programming, interactive programming and more. Mr. Carey is a Class III Director and has served as a Director of the Company and as the President and Chief Executive Officer since December 22, 2003.

The Company received total proceeds of 257.4 million dollars, including cash of 246.0 million dollars, and 300,000 shares of SkyTerra common stock with a fair value of 11.4 million dollars. As a result of this transaction, they recorded pre-tax impairment charges of 25.3 million dollars during the year ended December 31, 2005 and 190.6 million dollars.

In January 2006, they completed the sale of their remaining 50 percent interest in HNS LLC to SkyTerra. In exchange for their remaining 50 percent interest and resolution of a final closing adjustment from the April 22, 2005 transaction, they received cash proceeds of 110 million dollars. As a result of the transaction, in the first quarter of 2006, they expect to record a net gain and equity earnings of 24.8 million dollars in the Consolidated Statements of Operations.

DTV is continuing to redefine the world of television entertainment. Advances in technology are enabling their viewers to have greater control over their viewing and experience new services on their television.