DIRECTV Grows Subscriber Numbers After Kick From World Cup Views

DIRECTV posted strong second quarter earnings this morning after some help from the FIFA World Cup that kept fans glued to their television screens. Earnings of $1.59 a share beat estimates by $0.07 and showed a 35% increase from last year's second quarter earnings. Revenues of $8.1 billion were above expectations by $100 million. The growth was attributed to strong subscriber additions in both the US and Latin America along with the 4.6% ARPU growth in the US to a total of $103.26. Mike White, president and CEO of DIRECTV, was optimistic on the new opportunities their merger with ATT would provide to consumers and shareholders. DIRECTV is up 25% for the year. Whalen MacHale reports for TheStreet from New York.