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Murdoch owns a controlling fascination in Sky Italia, a satellite tv supplier in Italy. In late 2003, Murdoch acquired a 34% stake in Hughes Electronics, the operator of the most significant American satellite Tv program, DirecTV, from General Motors for $6 billion (USD). In 2003, Murdoch bought "Rosehearty", an eleven bed room property on a 5-acre waterfront estate in Centre Island, New York. In the United States, Murdoch and chief executives from many important firms, together with Hewlett-Packard, Boeing and Disney joined New York City Mayor Michael Bloomberg to kind the Partnership for a New American Economy to advocate "for immigration reform - including a route to lawful position for all illegal aliens now in the United States". On twenty July 2005, News Corporation bought Intermix Media Inc., which held Myspace, Imagine Games Network and other social networking-themed web sites, for US$580 million, producing Murdoch a key player in online media problems. That exact same year, Murdoch declared a deal with MCI Communications to develop a major information internet site and magazine, The Weekly Standard. The Wall Street Journal, Barron's Magazine, the Far Eastern Economic Review (based mostly in Hong Kong) and SmartMoney.