EchoStar Acquires Sling Media For $380 Million

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Sling Media is the Company Behind SlingBox

Om Malik reports that EchoStar has acquired Sling Media for $380 million in cash and stock. Sling Media makes SlingBox, the device that allows you to watch and control your television over the Internet. According to Charlie Ergen, CEO and co-founder of EchoStar,

“As an early investor in Sling Media, EchoStar has been pleased with the progress and commitment the company has made establishing Sling Media and the Slingbox as powerful and beloved digital media brands.”

If you have never used SlingBox, you do not know what you are missing. It is awesome. The news of this acquisition; the marriage between a satellite television provider and a portal television device manufacture makes me wonder when you really will be able to “take your television” anywhere.