Murdoch owns a managing fascination in Sky Italia, a satellite tv supplier in Italy. In late 2003, Murdoch obtained a 34% stake in Hughes Electronics, the operator of the largest American satellite Tv method, DirecTV, from General Motors for $6 billion (USD). In 2003, Murdoch bought "Rosehearty", an eleven bed room residence on a 5-acre waterfront estate in Centre Island, New York.
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