Bankruptcy Court Judge Rules That DIRECTV Can Market Its Service in Pegasus Territories; Judge Denies Pegasus Motion for Relief.Business Editors/Legal Writers EL SEGUNDO El Segundo (ĕl sēgŭn`dō), industrial city (1990 pop. 15,223), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1917. Its products include navigation and computer systems, aircraft parts, office machines, telephone apparatus, and , Calif.--(BUSINESS WIRE)--June 10, 2004 A federal judge in the U.S. bankruptcy court bankruptcy court n. the specialized Federal court in which bankruptcy matters under the Federal Bankruptcy Act are conducted. There are several bankruptcy courts in each state, and each one's territory covers several counties. in Portland, Maine Portland is the largest city in the U.S. state of Maine, with a 2004 population of 63,882. Portland is Maine's cultural, social and economic capital. Tourists are drawn to Portland's historic Old Port district along Portland Harbor, which is at the mouth of the Fore River and part today entered an order denying Pegasus' request to prevent DIRECTV from providing DIRECTV(R) service directly to consumers in areas served by Pegasus Satellite Television, Inc. The court's ruling today allows DIRECTV to market its service and acquire new customers in Pegasus territories. "We are pleased with today's ruling, which allows us to market our service to millions of consumers in rural America seeking an alternative to cable," said Steve Cox, executive vice president, Sales, Distribution and Business Development, DIRECTV, Inc. On June 1st, DIRECTV, Inc. and NRTC NRTC National Rural Telecommunications Cooperative NRTC National Road Transport Commission (Australia) NRTC National Respiratory Training Centre (UK) NRTC National Research and Training Center agreed to end NRTC's exclusive DIRECTV service distribution contract effective immediately. In connection with the agreement, NRTC's separate agreements with its members and affiliates, including Pegasus, for sale of DIRECTV services, were terminated, with an effective date of August 31, 2004. Pegasus Satellite Communications Corporation and certain of its subsidiaries, including Pegasus Satellite Television, Inc., filed a voluntary petition for relief under chapter 11 of the United States bankruptcy code on June 2nd. Until the effective date of the member and Pegasus contract terminations on Aug. 31, 2004, DIRECTV will provide services through the NRTC to its members and Pegasus on a non-exclusive basis so that DIRECTV service to customers in NRTC territories will not be disrupted. DIRECTV is the nation's leading digital multichannel Using two or more paths for transmission or processing. It can refer to a variety of architectures including (1) multiple I/O channels between the CPU and peripheral devices, (2) multiple wires in a cable, (3) multiple "logical" channels within a single wire or fiber or (4) multiple television service provider with more than 12.6 million customers. DIRECTV and the Cyclone Design logo are registered trademarks of DIRECTV, Inc., a unit of The DIRECTV Group, Inc. (NYSE NYSE See: New York Stock Exchange :DTV (Digital TeleVision) Transmitting TV using digital signals. The major DTV standards are ATSC (North America), DVB (Europe) and ISDB (Japan). All three use MPEG-2 video compression and Dolby Digital audio compression. DVB and ISDB also include MPEG audio compression. ). The DIRECTV Group is a world-leading provider of digital multichannel television entertainment, broadband satellite networks and services, and global video and data broadcasting. The DIRECTV Group is 34 percent owned by Fox Entertainment Group, which is approximately 82 percent owned by News Corporation Ltd. |
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