Items tagged with DirecTV

It's official -- AT&T is now the proud owner of DirecTV, making it the largest pay TV provider in the U.S. and the world. The $49 billion acquisition bumps AT&T's customer base in the U.S. to 26 million, along with 19 million customers in Latin America, including Mexico and the Caribbean. It also makes AT&T and mega-force in the sports world. DirecTV enjoyed exclusive rights to NFL Sunday Ticket, an add-on that allows customers to watch every out-of-market NFL game on their TVs, mobile devices, and PCs. As a DirecTV subscriber myself and displaced Boston sports fan, NFL Sunday Ticket... Read more...
AT&T may have failed in its attempt to acquire rival wireless provider T-Mobile for $39 billion back in 2011, but as for its proposed $48.5 billion acquisition of satellite TV service giant DirecTV, federal regulators are set to approve the deal. Doing so would end a more than yearlong review process that began in May of 2014 when the deal was first announced. While the deal is set to be approved, there are several conditions that AT&T must follow, all of which are outlined in an order Federal Communications Commission (FCC) Chairman Tom Wheeler has circulated to the agency's other commissioners... Read more...
AT&T's loathing of the FCC's Open Internet Order isn't as strong as its desire to acquire satellite TV provider DirecTV. As such, the telecom is expected to put into writing a promise to abide by the FCC's net neutrality rules in order so that the government organization will be comfortable in green lighting the proposed $48.5 billion merger. This is a big deal for AT&T, a major telecom that's been vehemently opposed to the agency's net neutrality rules, or at least the way it went about implementing them. The FCC earlier this year was successful in reclassifying broadband Internet as a... Read more...
The Federal Communications Commission (FCC) may have put a stake through the heart of the Comcast-Time Warner Cable merger, but it appears to be satisfied with another major deal that has heavy Internet users like Netflix worried: AT&T appears poised to get the green light from the FCC for its $49 billion purchase of DirecTV. Acquiring DirecTV will be a huge boost to the reach of AT&T’s TV service. The move worries some companies, but apparently not the FCC, which seems to be nearing the end of its review and hasn’t expressed major concerns. Of course, conditions are a possibility: the... Read more...
Overly Paranoid Rob Lowe, Crazy Hairy Rob Lowe, Super Creepy Rob Lowe... thanks in no small part to complaints made by Comcast to the National Advertising Division (NAD), these most unwelcome guests who came into many of our homes via television throughout the 2014-15 NFL season are mostly likely being shown the door (and good riddance, Meathead Rob Lowe!). Taking issue with the "Don't be like this me" statements made by their team of "this me" Rob Lowes, Comcast challenged DirecTV's claims of superiority with regard to better signal reliability, picture quality, customer satisfaction, and sports... Read more...
Sony’s The Interview is starting to pick up steam, albeit in an untraditional way. After being shut out by major theater chains for a Christmas Day opening, Sony received backing from just 331 independent theaters for the release, which was good enough to deliver $2.8 million at the box-office over the holiday weekend. Sony also made the shrewd move to simultaneously make the movie available online for rental/purchase on YouTube, Google Play, Xbox Live, Vudu and via iTunes. The online release of The Interview set a record for Sony, raking in $15 million in the first few days of availability making... Read more...
AT&T and DirecTV are trying to convince lawmakers that a proposed $48.5 billion merger between the two companies--that’s forty-eight and a half billion dollars--and so far the best argument they have going in their favor is the promise of lower costs when comes to pricey negotiations for rights to video content. It what seems like a couple of lines from an Onion article, Reuters reports that Senator Richard Blumenthal (D-Connecticut) asked AT&T CEO Randall Stephenson point blank if he could promise that these cost savings will be passed on to consumers. “No sir, I can’t,”... Read more...
AT&T last month inked a deal with DirecTV to acquire the satellite TV service provider for around $48.5 million in a cash and stock deal. Now all that waits is regulatory approval, but one thing the suits in charge will have to figure out is what the real cost will be to consumers. One of the concerns is that deal like this could ultimately limit consumer choice. As far as AT&T is concerned, the deal is a good one for consumers because the combined companies would be able to offer lower prices on satellite TV and broadband Internet service bundles, which would then put the pressure on cable... Read more...
It's official -- AT&T has agreed to acquire DirecTV, the largest satellite TV provider in the U.S. with 20 million customers, for approximately $48.5 billion. It's a stock-and-cash transaction deal worth $95 per share based on AT&T 's Friday closing price, which represents a 10 percent premium. DirecTV shareholders will receive $28.50 per share in cash and $66.50 per share in AT&T stock. That equates to an equity value of $48.5 billion, and a total transaction value of $67.1 billion, including DirecTV's net debt. AT&T plans to finance the cash portion of the deal through a combination... Read more...
By this time next year, we may look back and remember when AT&T and DirecTV were separate entities. Nothing is yet imminent, but word on the web is that AT&T is gauging DirecTV's level of interest in being bought out in a deal that could have a monumental impact in the intertwined telecom and pay TV industry. DirecTV's satellite service is home to around 20 million customers, with another 5.7 million signed up for AT&T's TV service. If the two firms agreed on a deal and were allowed to merge, their combined subscribers would be in striking distance of where Comcast is headed with its... Read more...
A thing is worth whatever others are willing to pay for it, and amid speculation as to how much TV and movie streaming service Hulu is worth has ranged from half a billion dollars or so to as much as $2 billion. According to a Reuters report, sources say that at least three bidders have offered a cool billion each, including Yahoo! and DirecTV. The identity of the third billion-dollar bidder is unknown. News Corp and Disney currently own Hulu, but Yahoo! has submitted a formal bid, and DirecTV, Time Warner Cable, Silver Lake (a part owner of Hollywood agency William Morris, with whom its making... Read more...
DirecTV is reportedly giving some serious thought to making an offer for Hulu, the six-year-old video streaming site. Should DirecTV make a formal bid, it's not a foregone conclusion that Hulu would accept it, as the site's owners -- Walt Disney Co., News Corp., and Comcast -- are looking at various options, including bids from other interested parties. Citing people who are familiar with the matter, The Wall Street Journal reports that DirecTV could use the acquisition to beef up its "TV Everywhere" service, a platform that makes its content available to pay TV subscribers over the Internet. You... Read more...
I'm a big fan of DirecTV, without which I'd have a harder time following my Boston sports teams now that I no longer live in the New England area. It's an expensive luxury, as all those sports packages quickly add up, and apparently DirecTV has found other ways of cashing in on the love of competition in America. The satellite provider has reportedly begun adding a surcharge for some new customers for local sports channels. Lest we blow this out of proportion, it's only a $3 per month surcharge, but it's still annoying. According to the Los Angeles Times, it applies to new customers who live in... Read more...
The advent of the DVR was a life-changing innovation--it sounds shallow to say, but admit it, it’s true--and now DIRECTV believes it’s taken the technology to new level with its DIRECTV Genie. The DVR lets you record up to 5 shows simultaneously, and playback is nearly as powerful; a single Genie DVR serves up to three additional TVs in the house, although it sounds like each device will need a client. The single DVR enables the household to watch up to 4 live TV channels or recordings simultaneously, with full DVR functionality such as pause and rewind. If you like getting recommendations... Read more...
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