Chernin Eyes 20M DirecTV Subs


News Corp. president and chief operating officer Peter Chernin is seeing double -- double the number of DirecTV Inc. subscribers.

Chernin told the Financial Times
, "We think it's very realistic to grow by 1 million subscribers per year, and we'd like to get to 20 million subscribers in the long term."

News Corp. is awaiting Federal Communications Commission and Department of Justice approval of its deal to acquire DirecTV parent Hughes Electronics Corp. from General Motors Corp.

Chernin told FT
he expects the deal to be done by year-end.