Mike White, DirecTV’s chairman and CEO, told the Goldman Sachs Communacopia media conference that consolidation between the USA’s two giant DTH players would benefit the consumer and yet still be competitive, but the regulatory environment remained unclear and “very challenging”.
White told conference delegates that any deal-makers would need to start educating regulators that there were now “other considerations” than simply the number of players – and potential suppliers – of media services. “It is a very challenging regulatory environment for any deal to get done. That is true in our space as well. If you only focus on distributors, consumer prices will continue to rise,” he added.