Malone: DirecTV Flying High

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NEW YORK DirecTV and Liberty Media chairman John Malone, DirecTV CEO Chase Carey, Liberty CEO Greg Maffei and media mogul Haim Saban weighed in on the company’s prospects yesterday at the Hilton Hotel in midtown Manhattan during DirecTV’s annual shareholders meeting.

Opening his first annual meeting as chairman of the satellite TV firm, Malone expressed his “great appreciation for the wonderful operating job” that the management team led by Carey provided last year.

Carey told shareholders that “our business has never been stronger” and that DirecTV is “positioned for years of profitable growth” despite competition among cable, satellite and telecom firms having reached new heights.

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