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In 2007, the ADP Brokerage Service Group was spun off to form Broadridge Financial Solutions, Inc., removing about US$2 billion from ADP's total yearly revenue. [11] ADP distributed one share of Broadridge common stock for every four shares of ADP common stock held by shareholders of record as of the close of business on March 23, 2007.
The satellite TV giant, which was spun off from AT&T in 2021, is looking to downsize its management ranks as consumers pivot to streaming services and lower-cost programming packages.
Broadridge was founded in 1962 [5] as ADP Brokerage Services Group, [9] a business unit [6] of the American payroll processing company Automatic Data Processing (ADP). [5] Operating as ADP's shareholder communications division, [10]: 27 [11] it initially served one client by processing an average of 300 trades per night. [9]
DirecTV is also the national provider of MLS Season Pass, a new subscription service from Apple and Major League Soccer, to commercial establishments such as bars, lounges and restaurants. The offering is known as DirecTV for Business. [96] Yahoo expanded its partnership with DirecTV advertising to include set-top box data in October 2022. [97]
DirecTV customers can qualify for a $20 credit after the Walt Disney Co. pulled ESPN, Disney and other networks from the service.
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The four joined Boeing Satellite Systems, a company subsidiary, later becoming the Satellite Development Center, part of Boeing Integrated Defense Systems. [7] In 2003 the remaining parts of Hughes Electronics (DirecTV, DirecTV Latin America, PanAmSat, Hughes Network Systems) were purchased by News Corporation from GM and renamed The DirecTV Group.