| In Mexico, the DirecTV affiliate Galaxy Mexico will
close its operations and sell its subscriber list to Sky Mexico. DirecTV
customers in Mexico will be offered the opportunity to migrate to
Sky Mexico. The DirecTV Group will acquire News Corp.'s interest in
Sky Mexico and jointly with Televisa will purchase Liberty Media's
interest. The merged platform will be 57 per cent owned by Televisa
and 43 per cent by DirecTV. As of June 2004, DirecTV Mexico had 266,000
subscribers and Sky had 940,000.
In Colombia and Chile, Sky customers will migrate to DirecTV, with
The DirecTV Group acquiring the interests of Globo, Televisa, News
Corp. and Liberty Media in Sky Multi-Country Partners. DirecTV will
then own 100 per cent of Sky Multi-Country and Sky customers in
Colombia and Chile, where Sky has about 89,000 subscribers. The
DirecTV DTH platform for Colombia and Chile will also be operated
in Argentina, Venezuela, Puerto Rico, the Caribbean and the rest
of Latin America, under the newly-created "PanAmericana"
platform, added the release.
Following the acquisition of the Sky Multi-Country business, the
PanAmericana platform will have approximately 938,000 subscribers.
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