Word: echostar
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...muster, Vivendi Universal could deliver high-octane growth. To bolster that vision, Messier spent 2001 bulking up with acquisitions: publisher Houghton Mifflin ($2.2 billion), the music website MP3.com ($372 million), the TV and film assets of Barry Diller's USA Networks ($10.3 billion) and a 10% stake in the EchoStar satellite TV service ($1.5 billion). He created a joint headquarters in New York City and moved there in part to reassure U.S. investors that the company would look and feel like an American media firm...
...which can download programs from a wireless network hub. In January, Moxi Digital, a start-up, unveiled the Moxi Media Center, a network-ready set-top box with a built-in personal video recorder (think TiVo), DVD player, MP3 jukebox and a receiver for cable or satellite TV. EchoStar is expected to be the first dealer to distribute it later this year...
...president of Hughes Electronics-owned DirecTV last June, Austin, 44, was tapped to keep the sagging satellite network aloft. This month the company reported it had added 405,000 customers in the fourth quarter of last year. The challenge now: to keep the momentum and protect her staff, as EchoStar seeks to acquire DirecTV...
...even easier), a DVD player, 80 GB worth of storage for your music CDs, Internet access and, most important, wireless home networking (so you can access its features from any TV or PC in the home). Moxi will launch at the end of 2002 as part of the Echostar satellite system, which is itself likely to merge with DirecTV. Can world domination be far behind...
...demand (in Time Warner cable homes). Or Cablevision, which raised rates in suburban New York by 12 percent last year alone, might slow down on the price hikes. Or they might both sic their lobbyists on Washington - Murdoch will come along for the ride - and bust up the EchoStar-DirecTV union, putting satellite TV back in infighting mode and Vivendi back in the U.S.-distribution minor leagues...