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  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">UNITED STATES</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">SECURITIES AND EXCHANGE COMMISSION</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">WASHINGTON, DC 20549</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">FORM&nbsp;8-K</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;font-weight:bold;">CURRENT REPORT PURSUANT</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;font-weight:bold;">TO SECTION&nbsp;13 OR 15(d)&nbsp;OF THE</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;font-weight:bold;">SECURITIES EXCHANGE ACT OF 1934</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Date of report (Date of earliest event
  reported)&nbsp;&nbsp;&nbsp;&nbsp;<b>May&nbsp;14,
  2008</b></font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">THE DIRECTV GROUP, INC.</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Exact Name of Registrant as Specified in Its Charter)</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Delaware</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(State or Other Jurisdiction of Incorporation)</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
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    <td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">1-31945</font></b></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
    <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
    </td>
    <td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">52-1106564</font></b></p>
    </td>
   </tr>
   <tr>
    <td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Commission File Number)</font></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(IRS Employer Identification No.)</font></p>
    </td>
   </tr>
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    <td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
   </tr>
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    <td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">2230 East Imperial Highway</font></b></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
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    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">El Segundo, California</font></b></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
    <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
    </td>
    <td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">90245</font></b></p>
    </td>
   </tr>
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    <td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Address of Principal Executive Offices)</font></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Zip Code)</font></p>
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  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(310) 964-5000</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Registrant&#146;s Telephone Number, Including Area Code)</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Not Applicable</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Former Name or Former Address, if Changed Since Last Report)</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:29.7pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Check
  the appropriate box below if the Form&nbsp;8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any of the
  following provisions (<i>see</i> General
  Instruction A.2. below):</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:29.7pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;text-indent:29.7pt;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
  Written communications pursuant to Rule&nbsp;425 under the Securities Act (17
  CFR 230.425)</p>
  
  <p style="margin:0in 0in .0001pt;text-indent:29.7pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;text-indent:29.7pt;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
  Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR
  240.14a-12)</p>
  
  <p style="margin:0in 0in .0001pt;text-indent:29.7pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;text-indent:29.7pt;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
  Pre-commencement communications pursuant to Rule&nbsp;14d-2(b)&nbsp;under the
  Exchange Act (17 CFR 240.14d-2(b))</p>
  
  <p style="margin:0in 0in .0001pt;text-indent:29.7pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;text-indent:29.7pt;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
  Pre-commencement communications pursuant to Rule&nbsp;13e-4(c)&nbsp;under the
  Exchange Act (17 CFR 240.13e-4(c))</p>
  
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  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item 1.01&nbsp;&nbsp;Entry into a Material
  Definitive Agreement</font></b></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item 2.03&nbsp;&nbsp;Creation of a Direct
  Financial Obligation</font></b></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">On May&nbsp;14, 2008, DIRECTV Holdings LLC (&#147;Holdings&#148;)
  and DIRECTV Financing Co.,&nbsp;Inc. (&#147;Finance Co.&#148; and collectively with
  Holdings, the &#147;Co-Issuers&#148;), which are wholly owned subsidiaries of The DIRECTV
  Group,&nbsp;Inc., closed their previously announced offering of $1.5 billion
  aggregate principal amount of 7 5/8% Senior Notes due May&nbsp;15, 2016 (the &#147;Senior
  Notes&#148;), which includes the exercise of an over-allotment option of $150
  million.&nbsp; The eight-year Senior Notes are unsecured and are guaranteed by
  each of Holdings&#146; material existing and certain of its future domestic
  subsidiaries (other than Finance Co.) (collectively, the &#147;Guarantors&#148;). The
  Co-Issuers received approximately $1.49 billion in net proceeds from the
  offering.&nbsp; The Senior Notes bear interest payable semiannually in cash in
  arrears on May&nbsp;15 and November&nbsp;15 of each year commencing on November&nbsp;15,
  2008.</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">In connection with the offering of the Senior
  Notes, the Co-Issuers and the Guarantors entered into an indenture governing
  the Senior Notes with The Bank of New York, as trustee (the &#147;Indenture&#148;), for
  the benefit of holders of the Senior Notes.&nbsp; Among other things, the
  Indenture provides that the Senior Notes are redeemable in whole or in part, at
  any time prior to May&nbsp;15, 2012 by paying a &#147;make whole&#148; premium and at any
  time thereafter at stated redemption prices, in each case plus accrued and
  unpaid interest to the date of redemption.&nbsp; The Co-Issuers may also redeem
  up to 35% of the aggregate principal amount of the Senior Notes using the
  proceeds of one or more equity offerings completed before May&nbsp;15, 2011.</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Indenture also contains certain covenants
  which restrict the ability of the Co-Issuers and certain of Holdings&#146;
  subsidiaries, including the Guarantors, to, among other things, incur
  additional indebtedness; make certain distributions, investments and other
  restricted payments; create certain liens; enter into transactions with
  affiliates; merge, consolidate or sell substantially all of its or their
  assets; and issue equity securities.&nbsp; If the Co-Issuers or the Guarantors
  fail to comply with such covenants, the trustee or holders of 25% in aggregate
  principal amount of the Senior Notes could determine to accelerate the payment
  of the obligations under the Senior Notes.&nbsp; If certain other events of
  default relating to bankruptcy and insolvency occur, the Senior Notes could be
  immediately due and payable.&nbsp; Effective as of the first date on which the
  Senior Notes are rated investment grade by both rating agencies identified in
  the Indenture, and notwithstanding that the Senior Notes may thereafter cease
  to be so rated, the Co-Issuers and Holdings&#146; subsidiaries will not be subject
  to certain of the foregoing covenants and the failure to comply with such
  covenants would not constitute an event of default.</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Senior Notes were sold pursuant to Rule&nbsp;144A
  and Regulation S under the Securities Act of 1933, as amended (the &#147;Securities
  Act&#148;), and have not been registered in the United States under the Securities
  Act or in any other jurisdiction and may not be offered or sold in the United
  States absent registration or an applicable exemption from the registration
  requirements.&nbsp; However, the Co-Issuers and the Guarantors have also
  executed a registration rights agreement with the initial purchasers of the
  Senior Notes, dated as of May&nbsp;14, 2008 (the &#147;Registration Rights Agreement&#148;),
  in which the Co-Issuers and the Guarantors have agreed to use their reasonable
  best efforts to cause to become effective a registration statement with respect
  to an offer to exchange the Senior Notes for a new issue of substantially
  identical debt securities registered under the Securities Act.</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2</font></p>
  
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  </div>
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  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Indenture and the Registration Rights
  Agreement are incorporated by reference as Exhibits 10.1 and 10.2,
  respectively.&nbsp; The foregoing description of each such agreement is
  qualified in its entirety by reference to the actual agreement.</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Also, on May&nbsp;14, 2008, Holdings entered
  into Amendment No.&nbsp;1 (the &#147;Amendment&#148;), by and among Holdings, the
  guarantors identified in the Amendment (the &#147;Guarantors&#148;), the banks, other
  financial institutions and entities party thereto as lenders and Bank of
  America, N.A. (&#147;Bank of America&#148;), as administrative agent (in such capacity,
  the &#147;Administrative Agent&#148;), and collateral agent, to that certain Credit
  Agreement, dated as of April&nbsp;13, 2005 (the &#147;Credit Agreement&#148;) and the
  Tranche C Term Loan Joinder Agreement (the &#147;Joinder Agreement&#148;), to the Credit
  Agreement, by and among Holdings, the Guarantors, the Tranche C Term Lenders
  (as defined in the Joinder Agreement) and Bank of America as Administrative
  Agent.</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Pursuant to the Joinder Agreement, the
  Administrative Agent has established a Tranche C Term Loan under the Credit
  Agreement and each of the Tranche C Term Lenders has severally agreed to make
  its portion of the Tranche C Term Loan in an initial aggregate principal amount
  of $1 billion, all of which has been funded.&#160;
  The Tranche C Term Loan is repayable in 19 consecutive quarterly
  installments beginning in September&nbsp;30, 2008 and ending on December&nbsp;31,
  2012, with the final installment due on April&nbsp;13, 2013.&#160; Subject to adjustment in connection with
  prepayments made pursuant to the Credit Agreement, each of the first 18
  quarterly installments shall be in the principal amount of $2,500,000 and the
  final installment shall be in the amount of the remaining principal balance of
  the Tranche C Term Loan.&nbsp; The Credit Agreement requires certain mandatory
  prepayments, including in connection with a change in control of Borrower, or
  from consolidated excess cash flow or the proceeds of certain asset
  dispositions or equity investments, subject to exceptions as provided in the
  Credit Agreement.</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">At Holdings&#146; election, borrowings under the
  Tranche C Term Loan may bear interest at either the &#147;Eurodollar Rate&#148;, which is
  a function of the British Bankers Association LIBOR Rate, or the &#147;Base Rate&#148;,
  which is the greater of the (a)&nbsp;the Federal Funds Rate plus 0.5% and (b)&nbsp;the
  &#147;prime rate&#148; offered by Bank of America.&#160;
  Initially, borrowings under the Tranche C Term Loan will bear interest
  at a rate equal to the Eurodollar Rate plus 2.25%.&nbsp; For the first three
  years, for borrowings made under a Eurodollar Rate loan, the interest rate will
  be determined using the greater of the Eurodollar Rate or 3.00%, plus 2.25%.&nbsp;
  After three years, borrowings made under a Eurodollar Rate loan will bear
  interest at a rate equal to the Eurodollar Rate plus 2.25%.&#160;&#160; The interest rate may be increased or
  decreased under certain conditions.&#160; In
  addition, there is a discount on the proceeds of 1% resulting in a decrease in
  the net proceeds from the Tranche C Term Loan of $10 million.</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The senior secured credit facilities
  including the Tranche C Term Loan are secured by substantially all of the
  assets of Holdings and its current and certain of its future domestic
  subsidiaries and are fully and unconditionally guaranteed, jointly and
  severally, by all of Holdings&#146; current and certain of its future domestic
  subsidiaries.</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3</font></p>
  
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  </div>
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  <div>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The senior secured credit facilities require
  Holdings and its subsidiaries to comply with certain financial covenants.&nbsp;
  The senior secured credit facilities also include covenants that restrict
  Holdings&#146; and its subsidiaries&#146; ability to, among other things, (i)&nbsp;incur
  additional indebtedness, (ii)&nbsp;incur liens, (iii)&nbsp;pay dividends or
  make certain other restricted payments, investments or acquisitions, (iv)&nbsp;enter
  into certain transactions with affiliates, (v)&nbsp;merge or consolidate with
  another person, (vi)&nbsp;sell, assign, lease or otherwise dispose of all or
  substantially all of their assets and (vii)&nbsp;make voluntary prepayments of
  certain debt, in each case subject to exceptions as provided in the Credit
  Agreement.&nbsp; If Holdings fails to comply with such covenants, all or a
  portion of the outstanding balances under the senior secured credit facilities
  could become immediately payable and the revolving credit facility could be
  terminated.</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Amendment makes certain modifications to
  the Credit Agreement including defining Liberty Media Corporation and its successors,
  certain of its affiliates, John C. Malone, Chairman of The DIRECTV Group,&nbsp;Inc.
  and members of his immediate family and certain others as Permitted Holders for
  purposes of the change-in-control provisions under the Credit Agreement.</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The net proceeds from the bond offering and
  Tranche C Term Loan will be used for general corporate purposes, including to
  pay a dividend to The DIRECTV Group,&nbsp;Inc., which will be available to be
  used by it to fund purchases of stock under The DIRECTV Group,&nbsp;Inc.&#146;s
  share repurchase program.</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Amendment No.1 and the Joinder Agreement are incorporated by reference
  as Exhibits 10.3 and 10.4, respectively.&nbsp; The foregoing description of
  each such agreement is qualified in its entirety by reference to the actual
  agreement.</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">ITEM
  9.01&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
  Financial Statements and Exhibits</font></b></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
   <tr>
    <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.38%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)</font></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.22%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="93%" valign="top" style="padding:0in 0in 0in 0in;width:93.4%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Exhibits.</font></p>
    </td>
   </tr>
   <tr>
    <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.38%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.22%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="93%" valign="top" style="padding:0in 0in 0in 0in;width:93.4%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
   </tr>
   <tr>
    <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.38%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10.1</font></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.22%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="93%" valign="top" style="padding:0in 0in 0in 0in;width:93.4%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Indenture, dated as of May&nbsp;14, 2008, by and among DIRECTV
    Holdings LLC, DIRECTV Financing Co,&nbsp;Inc., the Guarantors signatory
    thereto and The Bank of New York, as trustee (incorporated by reference to
    Exhibit&nbsp;10.1 to the Form&nbsp;8-K of DIRECTV Holdings LLC and DIRECTV
    Finance Co.,&nbsp;Inc. filed May&nbsp;16, 2008 (the &#147;Holdings May&nbsp;16,
    2008 8K&#148;)).</font></p>
    </td>
   </tr>
   <tr>
    <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.38%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.22%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="93%" valign="top" style="padding:0in 0in 0in 0in;width:93.4%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
   </tr>
   <tr>
    <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.38%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10.2</font></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.22%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="93%" valign="top" style="padding:0in 0in 0in 0in;width:93.4%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Registration Rights Agreement, dated as of May&nbsp;14, 2008, by and
    among DIRECTV Holdings LLC, DIRECTV Financing Co.,&nbsp;Inc., the Guarantors
    signatory thereto and the Initial Purchasers named therein (incorporated by
    reference to Exhibit&nbsp;10.2 of the Holdings May&nbsp;16, 2008 8-K).</font></p>
    </td>
   </tr>
   <tr>
    <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.38%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.22%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="93%" valign="top" style="padding:0in 0in 0in 0in;width:93.4%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
   </tr>
   <tr>
    <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.38%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10.3</font></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.22%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="93%" valign="top" style="padding:0in 0in 0in 0in;width:93.4%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Amendment No.1, dated as of May&nbsp;14, 2008, by and among DIRECTV
    Holdings LLC, the Guarantors and Lenders signatory thereto and Bank of
    America, N.A. as Administrative Agent (incorporated by reference to
    Exhibit&nbsp;10.3 of the Holdings May&nbsp;16, 2008 8-K).</font></p>
    </td>
   </tr>
   <tr>
    <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.38%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.22%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="93%" valign="top" style="padding:0in 0in 0in 0in;width:93.4%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
   </tr>
   <tr>
    <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.38%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10.4</font></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.22%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="93%" valign="top" style="padding:0in 0in 0in 0in;width:93.4%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Tranche C Term Loan Joinder Agreement, dated as of May&nbsp;14, 2008,
    by and among DIRECTV Holdings LLC and Bank of America, N.A., as
    Administrative Agent and Collateral Agent (incorporated by reference to
    Exhibit&nbsp;10.4 of the Holdings May&nbsp;16, 2008 8-K).</font></p>
    </td>
   </tr>
  </table>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4</font></p>
  
  <div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>
  
  </div>
  <!-- SEQ.=1,FOLIO='4',FILE='C:\JMS\brosent\08-14544-1\task2944389\14544-1-ba.htm',USER='brosent',CD='May 15 17:20 2008' -->
  
  
  <br clear="all" style="page-break-before:always;">
  
  
  <div>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">SIGNATURE</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:29.7pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Pursuant to the requirements of the Securities Exchange Act of 1934,
  the registrant has duly caused this Report to be signed on its behalf by the
  undersigned hereunto duly authorized.</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:29.7pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
   <tr>
    <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.16%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="49%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:49.84%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">THE DIRECTV GROUP, INC.</font></p>
    </td>
   </tr>
   <tr>
    <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.16%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="49%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:49.84%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Registrant)</font></p>
    </td>
   </tr>
   <tr>
    <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.16%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="49%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:49.84%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
   </tr>
   <tr>
    <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.16%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="7%" valign="top" style="padding:0in 0in 0in 0in;width:7.92%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="41%" valign="top" style="padding:0in 0in 0in 0in;width:41.92%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
   </tr>
   <tr>
    <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.16%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Date: May&nbsp;14, 2008</font></p>
    </td>
    <td width="7%" valign="top" style="padding:0in 0in 0in 0in;width:7.92%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
    </td>
    <td width="41%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:41.92%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/ Larry D. Hunter</font></p>
    </td>
   </tr>
   <tr>
    <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.16%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="7%" valign="top" style="padding:0in 0in 0in 0in;width:7.92%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Name:</font></p>
    </td>
    <td width="41%" valign="top" style="border:none;padding:0in 0in 0in 0in;width:41.92%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Larry D. Hunter</font></p>
    </td>
   </tr>
   <tr>
    <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.16%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="7%" valign="top" style="padding:0in 0in 0in 0in;width:7.92%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Title:</font></p>
    </td>
    <td width="41%" valign="top" style="padding:0in 0in 0in 0in;width:41.92%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Executive Vice President, Legal,<br>
    Administration and Human Resources,<br>
    General Counsel and Secretary</font></p>
    </td>
   </tr>
  </table>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5</font></p>
  
  <div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>
  
  </div>
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  <br clear="all" style="page-break-before:always;">
  
  
  <div>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">EXHIBIT INDEX</font></b></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
   <tr>
    <td width="10%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.06%;">
    <p style="margin:0in 0in .0001pt;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;font-weight:bold;">Exhibit&nbsp;No.</font></b></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.22%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
    </td>
    <td width="87%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:87.72%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;font-weight:bold;">Exhibit</font></b></p>
    </td>
   </tr>
   <tr>
    <td width="10%" valign="top" style="border:none;padding:0in 0in 0in 0in;width:10.06%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.22%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="87%" valign="top" style="border:none;padding:0in 0in 0in 0in;width:87.72%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
   </tr>
   <tr>
    <td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.06%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10.1</font></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.22%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="87%" valign="top" style="padding:0in 0in 0in 0in;width:87.72%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Indenture, dated as of May&nbsp;14, 2008, by and among DIRECTV
    Holdings LLC, DIRECTV Financing Co,&nbsp;Inc., the Guarantors signatory
    thereto and The Bank of New York, as trustee (incorporated by reference to
    Exhibit&nbsp;10.1 to the Form&nbsp;8-K of DIRECTV Holdings LLC and DIRECTV
    Finance Co.,&nbsp;Inc. filed May&nbsp;16, 2008 (the &#147;Holdings May&nbsp;16,
    2008 8K&#148;)).</font></p>
    </td>
   </tr>
   <tr>
    <td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.06%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.22%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="87%" valign="top" style="padding:0in 0in 0in 0in;width:87.72%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
   </tr>
   <tr>
    <td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.06%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10.2</font></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.22%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="87%" valign="top" style="padding:0in 0in 0in 0in;width:87.72%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Registration Rights Agreement, dated as of May&nbsp;14, 2008, by and
    among DIRECTV Holdings LLC, DIRECTV Financing Co.,&nbsp;Inc., the Guarantors
    signatory thereto and the Initial Purchasers named therein (incorporated by
    reference to Exhibit&nbsp;10.2 of the Holdings May&nbsp;16, 2008 8-K).</font></p>
    </td>
   </tr>
   <tr>
    <td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.06%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.22%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="87%" valign="top" style="padding:0in 0in 0in 0in;width:87.72%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
   </tr>
   <tr>
    <td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.06%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10.3</font></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.22%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="87%" valign="top" style="padding:0in 0in 0in 0in;width:87.72%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Amendment No.1, dated as of May&nbsp;14, 2008, by and among DIRECTV
    Holdings LLC, the Guarantors and Lenders signatory thereto and Bank of America,
    N.A. as Administrative Agent (incorporated by reference to Exhibit&nbsp;10.3
    of the Holdings May&nbsp;16, 2008 8-K).</font></p>
    </td>
   </tr>
   <tr>
    <td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.06%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.22%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="87%" valign="top" style="padding:0in 0in 0in 0in;width:87.72%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
   </tr>
   <tr>
    <td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.06%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10.4</font></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.22%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="87%" valign="top" style="padding:0in 0in 0in 0in;width:87.72%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Tranche C Term Loan Joinder Agreement, dated as of May&nbsp;14, 2008,
    by and among DIRECTV Holdings LLC and Bank of America, N.A., as Administrative
    Agent and Collateral Agent (incorporated by reference to Exhibit&nbsp;10.4 of
    the Holdings May&nbsp;16, 2008 8-K).</font></p>
    </td>
   </tr>
  </table>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">6</font></p>
  
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metadata_filer: {"company-data": {"conformed-name": "DIRECTV GROUP INC", "cik": "0000944868", "assigned-sic": "4899", "irs-number": "521106564", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-31945", "film-number": "08840137"}, "business-address": {"street1": "2230 EAST IMPERIAL HIGHWAY", "city": "EL SEGUNDO", "state": "CA", "zip": "90245-0956", "phone": "310-964-0808"}, "mail-address": {"street1": "2230 EAST IMPERIAL HIGHWAY", "city": "EL SEGUNDO", "state": "CA", "zip": "90245-0956"}, "former-company": {"former-conformed-name": "HUGHES ELECTRONICS CORP", "date-changed": "19980511"}}
text: UNITED STATES
  SECURITIES AND EXCHANGE COMMISSION
  WASHINGTON, DC 20549
  FORM 8-K
  CURRENT REPORT PURSUANT
  TO SECTION 13 OR 15(d) OF THE
  SECURITIES EXCHANGE ACT OF 1934
  Date of report (Date of earliest event
  reported)
  May 14,
  2008
  THE DIRECTV GROUP, INC.
  (Exact Name of Registrant as Specified in Its Charter)
  Delaware
  (State or Other Jurisdiction of Incorporation)
  1-31945
  52-1106564
  (Commission File Number)
  (IRS Employer Identification No.)
  2230 East Imperial Highway
  El Segundo, California
  90245
  (Address of Principal Executive Offices)
  (Zip Code)
  (310) 964-5000
  (Registrant's Telephone Number, Including Area Code)
  Not Applicable
  (Former Name or Former Address, if Changed Since Last Report)
  Check
  the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any of the
  following provisions (
  see
  General
  Instruction A.2. below):
  o
  Written communications pursuant to Rule 425 under the Securities Act (17
  CFR 230.425)
  o
  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
  240.14a-12)
  o
  Pre-commencement communications pursuant to Rule 14d-2(b) under the
  Exchange Act (17 CFR 240.14d-2(b))
  o
  Pre-commencement communications pursuant to Rule 13e-4(c) under the
  Exchange Act (17 CFR 240.13e-4(c))
  Item 1.01  Entry into a Material
  Definitive Agreement
  Item 2.03  Creation of a Direct
  Financial Obligation
  On May 14, 2008, DIRECTV Holdings LLC ("Holdings")
  and DIRECTV Financing Co., Inc. ("Finance Co." and collectively with
  Holdings, the "Co-Issuers"), which are wholly owned subsidiaries of The DIRECTV
  Group, Inc., closed their previously announced offering of $1.5 billion
  aggregate principal amount of 7 5/8% Senior Notes due May 15, 2016 (the "Senior
  Notes"), which includes the exercise of an over-allotment option of $150
  million.  The eight-year Senior Notes are unsecured and are guaranteed by
  each of Holdings' material existing and certain of its future domestic
  subsidiaries (other than Finance Co.) (collectively, the "Guarantors"). The
  Co-Issuers received approximately $1.49 billion in net proceeds from the
  offering.  The Senior Notes bear interest payable semiannually in cash in
  arrears on May 15 and November 15 of each year commencing on November 15,
  2008.
  In connection with the offering of the Senior
  Notes, the Co-Issuers and the Guarantors entered into an indenture governing
  the Senior Notes with The Bank of New York, as trustee (the "Indenture"), for
  the benefit of holders of the Senior Notes.  Among other things, the
  Indenture provides that the Senior Notes are redeemable in whole or in part, at
  any time prior to May 15, 2012 by paying a "make whole" premium and at any
  time thereafter at stated redemption prices, in each case plus accrued and
  unpaid interest to the date of redemption.  The Co-Issuers may also redeem
  up to 35% of the aggregate principal amount of the Senior Notes using the
  proceeds of one or more equity offerings completed before May 15, 2011.
  The Indenture also contains certain covenants
  which restrict the ability of the Co-Issuers and certain of Holdings'
  subsidiaries, including the Guarantors, to, among other things, incur
  additional indebtedness; make certain distributions, investments and other
  restricted payments; create certain liens; enter into transactions with
  affiliates; merge, consolidate or sell substantially all of its or their
  assets; and issue equity securities.  If the Co-Issuers or the Guarantors
  fail to comply with such covenants, the trustee or holders of 25% in aggregate
  principal amount of the Senior Notes could determine to accelerate the payment
  of the obligations under the Senior Notes.  If certain other events of
  default relating to bankruptcy and insolvency occur, the Senior Notes could be
  immediately due and payable.  Effective as of the first date on which the
  Senior Notes are rated investment grade by both rating agencies identified in
  the Indenture, and notwithstanding that the Senior Notes may thereafter cease
  to be so rated, the Co-Issuers and Holdings' subsidiaries will not be subject
  to certain of the foregoing covenants and the failure to comply with such
  covenants would not constitute an event of default.
  The Senior Notes were sold pursuant to Rule 144A
  and Regulation S under the Securities Act of 1933, as amended (the "Securities
  Act"), and have not been registered in the United States under the Securities
  Act or in any other jurisdiction and may not be offered or sold in the United
  States absent registration or an applicable exemption from the registration
  requirements.  However, the Co-Issuers and the Guarantors have also
  executed a registration rights agreement with the initial purchasers of the
  Senior Notes, dated as of May 14, 2008 (the "Registration Rights Agreement"),
  in which the Co-Issuers and the Guarantors have agreed to use their reasonable
  best efforts to cause to become effective a registration statement with respect
  to an offer to exchange the Senior Notes for a new issue of substantially
  identical debt securities registered under the Securities Act.
  2
  The Indenture and the Registration Rights
  Agreement are incorporated by reference as Exhibits 10.1 and 10.2,
  respectively.  The foregoing description of each such agreement is
  qualified in its entirety by reference to the actual agreement.
  Also, on May 14, 2008, Holdings entered
  into Amendment No. 1 (the "Amendment"), by and among Holdings, the
  guarantors identified in the Amendment (the "Guarantors"), the banks, other
  financial institutions and entities party thereto as lenders and Bank of
  America, N.A. ("Bank of America"), as administrative agent (in such capacity,
  the "Administrative Agent"), and collateral agent, to that certain Credit
  Agreement, dated as of April 13, 2005 (the "Credit Agreement") and the
  Tranche C Term Loan Joinder Agreement (the "Joinder Agreement"), to the Credit
  Agreement, by and among Holdings, the Guarantors, the Tranche C Term Lenders
  (as defined in the Joinder Agreement) and Bank of America as Administrative
  Agent.
  Pursuant to the Joinder Agreement, the
  Administrative Agent has established a Tranche C Term Loan under the Credit
  Agreement and each of the Tranche C Term Lenders has severally agreed to make
  its portion of the Tranche C Term Loan in an initial aggregate principal amount
  of $1 billion, all of which has been funded. 
  The Tranche C Term Loan is repayable in 19 consecutive quarterly
  installments beginning in September 30, 2008 and ending on December 31,
  2012, with the final installment due on April 13, 2013.  Subject to adjustment in connection with
  prepayments made pursuant to the Credit Agreement, each of the first 18
  quarterly installments shall be in the principal amount of $2,500,000 and the
  final installment shall be in the amount of the remaining principal balance of
  the Tranche C Term Loan.  The Credit Agreement requires certain mandatory
  prepayments, including in connection with a change in control of Borrower, or
  from consolidated excess cash flow or the proceeds of certain asset
  dispositions or equity investments, subject to exceptions as provided in the
  Credit Agreement.
  At Holdings' election, borrowings under the
  Tranche C Term Loan may bear interest at either the "Eurodollar Rate", which is
  a function of the British Bankers Association LIBOR Rate, or the "Base Rate",
  which is the greater of the (a) the Federal Funds Rate plus 0.5% and (b) the
  "prime rate" offered by Bank of America. 
  Initially, borrowings under the Tranche C Term Loan will bear interest
  at a rate equal to the Eurodollar Rate plus 2.25%.  For the first three
  years, for borrowings made under a Eurodollar Rate loan, the interest rate will
  be determined using the greater of the Eurodollar Rate or 3.00%, plus 2.25%. 
  After three years, borrowings made under a Eurodollar Rate loan will bear
  interest at a rate equal to the Eurodollar Rate plus 2.25%.   The interest rate may be increased or
  decreased under certain conditions.  In
  addition, there is a discount on the proceeds of 1% resulting in a decrease in
  the net proceeds from the Tranche C Term Loan of $10 million.
  The senior secured credit facilities
  including the Tranche C Term Loan are secured by substantially all of the
  assets of Holdings and its current and certain of its future domestic
  subsidiaries and are fully and unconditionally guaranteed, jointly and
  severally, by all of Holdings' current and certain of its future domestic
  subsidiaries.
  3
  The senior secured credit facilities require
  Holdings and its subsidiaries to comply with certain financial covenants. 
  The senior secured credit facilities also include covenants that restrict
  Holdings' and its subsidiaries' ability to, among other things, (i) incur
  additional indebtedness, (ii) incur liens, (iii) pay dividends or
  make certain other restricted payments, investments or acquisitions, (iv) enter
  into certain transactions with affiliates, (v) merge or consolidate with
  another person, (vi) sell, assign, lease or otherwise dispose of all or
  substantially all of their assets and (vii) make voluntary prepayments of
  certain debt, in each case subject to exceptions as provided in the Credit
  Agreement.  If Holdings fails to comply with such covenants, all or a
  portion of the outstanding balances under the senior secured credit facilities
  could become immediately payable and the revolving credit facility could be
  terminated.
  The Amendment makes certain modifications to
  the Credit Agreement including defining Liberty Media Corporation and its successors,
  certain of its affiliates, John C. Malone, Chairman of The DIRECTV Group, Inc.
  and members of his immediate family and certain others as Permitted Holders for
  purposes of the change-in-control provisions under the Credit Agreement.
  The net proceeds from the bond offering and
  Tranche C Term Loan will be used for general corporate purposes, including to
  pay a dividend to The DIRECTV Group, Inc., which will be available to be
  used by it to fund purchases of stock under The DIRECTV Group, Inc.'s
  share repurchase program.
  Amendment No.1 and the Joinder Agreement are incorporated by reference
  as Exhibits 10.3 and 10.4, respectively.  The foregoing description of
  each such agreement is qualified in its entirety by reference to the actual
  agreement.
  ITEM
  9.01            
  Financial Statements and Exhibits
  (d)
  Exhibits.
  10.1
  Indenture, dated as of May 14, 2008, by and among DIRECTV
    Holdings LLC, DIRECTV Financing Co, Inc., the Guarantors signatory
    thereto and The Bank of New York, as trustee (incorporated by reference to
    Exhibit 10.1 to the Form 8-K of DIRECTV Holdings LLC and DIRECTV
    Finance Co., Inc. filed May 16, 2008 (the "Holdings May 16,
    2008 8K")).
  10.2
  Registration Rights Agreement, dated as of May 14, 2008, by and
    among DIRECTV Holdings LLC, DIRECTV Financing Co., Inc., the Guarantors
    signatory thereto and the Initial Purchasers named therein (incorporated by
    reference to Exhibit 10.2 of the Holdings May 16, 2008 8-K).
  10.3
  Amendment No.1, dated as of May 14, 2008, by and among DIRECTV
    Holdings LLC, the Guarantors and Lenders signatory thereto and Bank of
    America, N.A. as Administrative Agent (incorporated by reference to
    Exhibit 10.3 of the Holdings May 16, 2008 8-K).
  10.4
  Tranche C Term Loan Joinder Agreement, dated as of May 14, 2008,
    by and among DIRECTV Holdings LLC and Bank of America, N.A., as
    Administrative Agent and Collateral Agent (incorporated by reference to
    Exhibit 10.4 of the Holdings May 16, 2008 8-K).
  4
  SIGNATURE
  Pursuant to the requirements of the Securities Exchange Act of 1934,
  the registrant has duly caused this Report to be signed on its behalf by the
  undersigned hereunto duly authorized.
  THE DIRECTV GROUP, INC.
  (Registrant)
  Date: May 14, 2008
  By:
  /s/ Larry D. Hunter
  Name:
  Larry D. Hunter
  Title:
  Executive Vice President, Legal,
  Administration and Human Resources,
  General Counsel and Secretary
  5
  EXHIBIT INDEX
  Exhibit No.
  Exhibit
  10.1
  Indenture, dated as of May 14, 2008, by and among DIRECTV
    Holdings LLC, DIRECTV Financing Co, Inc., the Guarantors signatory
    thereto and The Bank of New York, as trustee (incorporated by reference to
    Exhibit 10.1 to the Form 8-K of DIRECTV Holdings LLC and DIRECTV
    Finance Co., Inc. filed May 16, 2008 (the "Holdings May 16,
    2008 8K")).
  10.2
  Registration Rights Agreement, dated as of May 14, 2008, by and
    among DIRECTV Holdings LLC, DIRECTV Financing Co., Inc., the Guarantors
    signatory thereto and the Initial Purchasers named therein (incorporated by
    reference to Exhibit 10.2 of the Holdings May 16, 2008 8-K).
  10.3
  Amendment No.1, dated as of May 14, 2008, by and among DIRECTV
    Holdings LLC, the Guarantors and Lenders signatory thereto and Bank of America,
    N.A. as Administrative Agent (incorporated by reference to Exhibit 10.3
    of the Holdings May 16, 2008 8-K).
  10.4
  Tranche C Term Loan Joinder Agreement, dated as of May 14, 2008,
    by and among DIRECTV Holdings LLC and Bank of America, N.A., as Administrative
    Agent and Collateral Agent (incorporated by reference to Exhibit 10.4 of
    the Holdings May 16, 2008 8-K).
  6