Murdoch’s DirecTV Dilemma

Rupert Murdoch seems to have fallen out of love with his satellite business, and is enthralled with MySpace and the online world, reports Fortune. He has come to this conclusion that broadband is the future, and satellite is a laggard. Here is the big question: if satellite business is bad, then why does John Malone wants to buy it, asks the question. My guess is that when dust settles, and some of phone company IPTV plans don’t pan out, they be looking to own a hybrid option.