At the time of the trial, which ended on March 31, 1999, the News Corporation owned about 37 percent of EchoStar, but by the next reporting period, in June 1999, the holding was reported as 14 percent.
The News Corporation’s last federal filing shows an 11 percent stake but a spokesman said the corporation’s share in EchoStar was now down to 6 percent. The spokesman also said the News Corporation had no direct control over EchoStar and no direct financial investment in “adult” films.
ABOUT THE AUTHOR
John Burdett is a nonpracticing lawyer who worked in Hong Kong for a British firm until he found his true vocation as a writer. Since then he has lived in France and Spain, and is now back in Hong Kong. He is the author of A Personal History of Thirst and The Last Six Million Seconds.
