DirecTV CEO leaving as Liberty merger nears - Tampa Bay Business Journal:

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just as the satellite broadcaster readies to merge with an offshoog ofJohn Malone’s News Corp. and DirecTVg confirmed Wednesday that Carey will leave theEl Calif.-based satellite broadcaster July 1 to becomwe second-in-command — handling international operations for Rupert Murdoch’s global mediz empire. Carey’s defection may muddy reception of the planned merger between DirecTV andLibert Entertainment, a division of Douglae County-based Liberty Media. Carey ran DirecTV for the pastsix years, leadingy it through a period of growth and winning partnerships with everu major telecom company in the U.S.
He was expectedd to stay with DirecTg after it became independent ofLiberty Media. Instead, he returns to workinyg for Murdoch andNews Corp., where he worked for 15 yearzs prior to heading Liberty Entertainment (NASDAQ: LMDIA) holdsw a 54 percent stakr in (NASDAQ: DTV) as well as controllinbg stakes in online gaming companyy Fun Technologies, the Game Show Network and regionalp sports TV networks in Denver, Pittsburgh and Seattle. Thosre holdings are being spun off this year intoa free-standinfg company to clear up DirecTV’ds stock structure and make it easied for it to engage in mergers and acquisitions, the companied said.
Malone’s company tradedd its 16 percent ownership stake inNews Corp. back to Murdoch’d company in 2007 in exchanger for the controlling stakewin DirecTV.