Hmm, now isn't this interesting? Just months after Liberty Media reached out at the eleventh hour and rescued Sirius XM from imminent bankruptcy, it's now spinning off its entertainment division (Liberty Entertainment) and combining it with DirecTV (which Liberty already controls). We're told that the new Liberty Entertainment will hold 54 percent of DirecTV Group shares and 65 percent interest in the Game Show Network, not to mention three regional sports networks and a few other things not worth mentioning. The move is being made as the "John Malone-controlled vehicle looks to simplify its capital structure," and if all goes well, the paperwork should be completed by the end of the year. Oh, and so far as we can tell, DirecTV consumers won't even notice the shuffling going on behind the scenes.

We posed the question barely a week ago, and already we've got our answer. Or, not really, but pretty much. You see, Liberty Media (DirecTV's parent company) CEO Gregg Maffei told analysts on a recent conference call that "one could talk about or imagine bundles, probably the $80 [per month] DirecTV product offering free trials of the $11 [monthly] Sirius XM product more likely than the other way around." He continued by stating that he hoped Sirius and DirecTV could "proceed on some of those in ways that are obviously beneficial for both parties." Really, we feel that it's just a matter of time. DirecTV has been grappling for ways to outgun DISH for years, and it'd be tough to fathom the satcaster having Sirius as a cousin and not exploiting it. Whether or not bundled sat ratio will be enough to make prospective customers choose it over other pay-TV alternatives remains to be seen, but really, what does DirecTV (or Sirius, for that matter) have to lose?

[Thanks, Vanbrothers]

Not that DirecTV CEO Chase Casey and his chairman John Malone have begun grabbing each other by the ties yet, but reports are flowing that the two aren't in agreement about the future structure of DirecTV Latin America. Liberty Media, which has a controlling stake in the satcaster, could actually spin DirecTV LA off once Liberty gains full control -- at least, that's the vibe being felt from Liberty CEO Greg Maffei. Carey commented that he wasn't "a fan of financial re-engineering," noting that spinoffs and "similar engineering options haven't been particularly successful." On a slightly related note, he also made mention that the satcaster's exclusive NFL Sunday Ticket deal may not remain that way after it expired in 2011 due to "cost considerations." Hate to say it, DirecTV, but we're pretty sure cable / fiber users nationwide won't feel sorry for you.

[Image courtesy of Business Week, thanks Vanbrothers]

Apparently, Bowers & Wilkins didn't want the whole world talking at once about its forthcoming Liberty at CES, but regardless, the self-proclaimed "wireless entertainment system" is all out in the open now. Slated to land this fall for a currently undisclosed price, the setup will consist of two XTW 8 towers, a pair of XTW 2 bookshelf units, an XTW Center channel and a PVW 1 subwoofer. Additionally, you'll find integrated class-D amplifiers and a rather sexy (albeit elusive) control unit, and if that wasn't enough, it's also the "first wireless system" capable of transmitting eight channels -- 5.1 for one room and two extra channels for remote zones. This system even utilizes "dynamic channel selection," which enables it to switch frequencies on the fly and choose the least trafficked frequency band to nix delay. Sadly, we've no price to share, but we wouldn't expect it to come cheap by any stretch of the imagination. [Warning: PDF read link]

[Via AudioJunkies]