Schaeffer's Andrea Kramer takes a look at unusual option activity on the Street

Subscribers are leaving their wallet with El Segundo-based Direct TV DIRECTV Group, Inc. (Public, NASDAQ:DTV) thanks to their complete domination of the HD channel lineup, which now stands at 95 - more than any other provider.

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Sun Valley is host the dozens of media moguls this week where deal making is at a peak for the industry. Murdoch is probably the most visible CEO but listen to the cast for notes on Joost, NING, and Dow Jones. The Buggles sang Video Killed the Radio Star. Life seems to be imitating art these days as YouTube accelerates, Emmis shifts down another gear. The Money and Media podcast, features on StreetIQ, is now a simple application you can add to your Facebook profile. Add Georg and Stephen as your friends http://apps.facebook.com/streetiq (GOOG) (AAPL) (DTV) (WMG) (EMMS) (GMST) (NWS)

This week Georg covers the latest in media and entertainment earnings.  It
was a week for the large media conglomerates including Disney and Viacom
http://www.hollywoodreporter.com/hr/content_display/news/e3ic39ac604ab41fd21
b65c8610f8453fa4 .  Wall Street reacted indifferent to most of the week's
earnings reports.  Listen for Georg's take on why.  Unusual was a downgrade
on high flying Marvel Entertainment http://www.marvel.com/ , but the stock
remained stable.  Last for this week hear how subscriber numbers are
affecting the satellite stocks http://www.socialpicks.com/ideas/show/14157 (VIA) (NWS) (DIS) (DISH) (DTV) (CMCSA) (MVL)

Georg provides insight on what may be next for LCAPA now that the DTV deal is done and where does this leave NWS? Comcast shows no signs of resting; adding a few smaller deals as they continue to amass audience. The Zelling of the Chicago Cubs franchise will be this season’s hot topic for baseball fans. Stephen calls out Cuban, Allen and Huizenga for a bidding war. In the last segment Georg looks into the latest developments in DRM. After the press and industry luminaries poo pooed Steve Jobs, the music industry is jumping on the No DRM bandwagon. Even Zune may join with EMI. (NWS) (LCAPA) (TRB) (AAPL) (WMG) (CMSCA) (DTV)