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just as the satellite broadcaster readiex to merge with an offshoot ofJohn Malone’w News Corp. and DirecTV confirmec Wednesday that Carey will leave theEl Segundo, Calif.-based satellitre broadcaster July 1 to becomwe second-in-command — handling international operations for Rupert Murdoch’s global media Carey’s defection may muddy investors’ reception of the plannede merger between DirecTV and Liberty Entertainment, a divisiobn of Douglas County-based Liberty Media. Carey ran DirecTV for the pastsix years, leading it through a period of growt h and winning partnerships with every major telecom companyy in the U.S.
He was expected to stay with DirecTc after it became independent ofLiberth Media. Instead, he returns to workintg for Murdoch andNews Corp., where he worked for 15 yearws prior to heading DirecTV. Liberty Entertainment LMDIA) holds a 54 percent stake in DTV) as well as controlling stakes in onlinse gaming companyFun Technologies, the Game Show Networo and regional sports TV network in Denver, Pittsburgh and Seattle. Thosd holdings are being spun off this year intoa free-standinyg company to clear up DirecTV’s stock structur e and make it easier for it to engage in mergers and the companies said. Malone’s company traded its 16 percentr ownership stake inNews Corp.
back to Murdoch’s companyh in 2007 in exchange for the controlling stakein
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