USSB+Direct TV...Hubbard merges with Dish Company

Grants | Legacy Digitization | Topics | Business & Industry |
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St. Paul-based U-S Satellite Broadcasting is being sold to Hughes Electronics -- the owners of DirecT-V -- for approximately one-and-a-quarter billion dollars. Minnesota Public Radio's Michael Khoo has more. NARRATION: Hubbard Broadcasting, owner of the K-S-T-P television and radio stations in the Twin Cities formed U-S-S-B, at a time when many doubted consumer interest in the technology. Programming is delivered through satellite dishes the size of a pizza box. U-S-S-B has not shown a profit since going public in 1996 even thought the satellite T-V industry now serves millions of subscribers. But chairman Stanley Hubbard says that will change once the deal is complete.

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Digitization made possible by the State of Minnesota Legacy Amendment’s Arts and Cultural Heritage Fund, approved by voters in 2008.

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