Source of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
DirecTV is buying Dish and Sling, a deal it has sought to complete for years, as the company seeks to better compete against streaming services that have become dominant.
The pay-for-TV market has shifted significantly since. As more and more consumers tune into online streaming giants, demand for more traditional satellite continues to shrink. And, although high-profile acquisitions have proven to be particularly tough under the Biden-Harris administration, that may make regulators more inclined to approve DirecTV and Dish’s pairing this time around.
“DirecTV operates in a highly competitive video distribution industry,” DirecTV CEO Bill Morrow said in a statement. “With greater scale, we expect a combined DirecTV and Dish will be better able to work with programmers to realize our vision for the future of tv, which is to aggregate, curate, and distribute content tailored to customers’ interests, and to be better positioned to realize operating efficiencies while creating value for customers through additional investment.
“With an improved financial profile, we will be better positioned to continue enhancing and deploying our nationwide 5G Open RAN wireless network,” EchoStar President and CEO Hamid Akhavan said. “This will provide U.S. wireless consumers with more choices and help to drive innovation at a faster pace.”
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DirecTV buys rival Dish as satellite mainstays hunker down against onslaught of streaming servicesDirecTV is buying Dish and Sling, a deal it has sought to complete for years, as the company seeks to better compete against streaming services that have become dominant.
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Satellite merger: DirecTV buys rival Dish and SlingDirecTV will pay $1 and assume $9.75B worth of debt to buy Dish and Sling.
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DirecTV buys Colorado-based Dish as it fights the onslaught of streaming servicesDirecTV is buying Dish and Sling, a deal it has sought to complete for years, as the company seeks to better compete against streaming services that have become dominant.
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DirecTV to acquire rival Dish Network for $1, subject to regulatory approvalLawrence is a contributing reporter at Engadget, specializing in our AI overlords, musical doodads and, of course, garden variety gaming and tech. To that end, Lawrence once lost badly in multiplayer Mario to Nintendo’s own Shigeru Miyamoto, who laughed gleefully as he threw him down a pit.
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DirecTV will buy rival Dish to create massive pay-TV company after yearslong pursuitSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
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DirecTV Could Acquire Rival Dish NetworkDirecTV, partially owned by private equity firm TPG, is reportedly in talks to acquire its rival satellite TV provider Dish Network. The deal would ease EchoStar's financial burden as the current owner of Dish Network faces upcoming debt payments. DirecTV also aims to benefit from cost-cutting measures and gain control of Dish Network's streaming service Sling TV.
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