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Dish Network Parent Buys Slingbox

EchoStar will own brand that puts TV on your PC

By Jonas Oransky,  Newser Staff

Posted Sep 25, 2007 3:45 PM CDT

(Newser) – EchoStar Communications, owner of the Dish Network, has agreed to acquire the maker of the Slingbox for $380 million. The satellite TV provider should close on the deal to buy Sling Media by year’s end, the AP reports. The Slingbox allows any Internet-connected computer to receive standard TV signals.

The device could be integrated immediately into Dish Network boxes, CNNMoney adds, and could be treated as a premium service, like digital video recorders. EchoStar’s chief executive trumpeted its longstanding dedication to the company it will soon own. For his part, Sling Media’s CEO was “psyched to make this announcement,” and hoped the partnership would help his business grow.

Attendees look at a wall showing 28 of Dish Network's 30 high...
Attendees look at a wall showing 28 of Dish Network's 30 high...   (Getty Images)
Las Vegas Hosts International Consumer Electronics Show
Las Vegas Hosts International Consumer Electronics Show   (Getty Images)
2007 Consumer Electronics Show Showcases Latest Tech Products
2007 Consumer Electronics Show Showcases Latest Tech Products   (Getty Images)
Blake Krikorian, chairman and CEO of Sling Media, shows off his company's new SlingCatcher, lower right, to Sergey Brin, co-founder and president of Google, at the annual Allen and Co.'s media conference Thursday, July 12, 2007, in Sun Valley, Idaho. The device sends multimedia content in any format from...
Blake Krikorian, chairman and CEO of Sling Media, shows off his company's new SlingCatcher, lower right, to Sergey Brin, co-founder and president of Google, at the annual Allen and Co.'s media conference...   (Associated Press)
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