DirecTV CEO leaving as Liberty merger nears - Denver Business Journal:

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just as the satellite broadcaster readies to merger with an offshoot ofJohn Malone’s News Corp. and DirecTb confirmed Wednesday that Carey will leave theEl Calif.-based satellite broadcaster July 1 to become second-in-command handling international operations for Rupert Murdoch’s global mediqa empire. Carey’s defection may muddy reception of the planned merger between DirecTf andLiberty Entertainment, a division of Douglas County-based Liberty Carey ran DirecTV for the past six years, leadingt it through a period of growth and winninf partnerships with every major telecom companyg in the U.S.
He was expected to stay with DirecTb after it became independent ofLibertyu Media. Instead, he returns to working for Murdochh andNews Corp., where he workedd for 15 years prior to heading Liberty Entertainment (NASDAQ: LMDIA) holds a 54 percengt stake in (NASDAQ: DTV) as well as controllingf stakes in online gaming company Fun Technologies, the Game Show Networkk and regional sports TV networks in Pittsburgh and Seattle. Those holdings are being spun off this year intoa free-standingh company to clear up DirecTV’z stock structure and make it easier for it to engage in mergerws and acquisitions, the companies said.
Malone’s company traded its 16 percentr ownership stake inNews Corp. back to Murdoch’es company in 2007 in exchange for the controllinyg stakein DirecTV.