DTV and Dish Network Discuss Merger Talks Again

[alnielsen]

As part of the deal, AT&T, which owns a 70 percent stake in DirecTV has agreed to sell its shares to TPG, a private equity firm that owns the remaining 30 percent of the company, for $7.6 billion.

For more: DirectTV Will Buy Dish and Sling TV for $1 and a Bunch of Debt

 

[b4pjoe]

At&t will have ownership of DTV.

DTV should have a contract for it with At&t/WBD, so that should survive at least until end of next year

The person had asked about Warner media which neither DIRECTV or AT&T owns.

 

[slice1900]

Officially announced this morning. Will Lina Kahn allow it?

https://www.cnbc.com/2024/09/30/att-sells-70percent-stake-in-directv-to-tpg-for-7point6-billion.html

The feds aren't going to stop it. Back when it was all cable and satellite two big satellite companies merging would never be allowed. Now that cable and especially satellite are dying and streaming is replacing them they won't stand in the way. If they didn't allow it Dish would likely declare bankruptcy and it would be the same situation with only one satellite company, except that millions of Dish customers could be left scrambling.

I mean, Directv bought Dish for $1 + plus assumption of debt, so it isn't like they were going to find another buyer and the debtors sure wouldn't want to try to run them. Lina Kahn will wave this through. Maybe there will be some token conditions applied to prevent Directv abusing their "monopoly" on satellite TV. Some wishy washy language about not raising prices any faster than they'd been raised in the previous few years, or maybe Directv will promise to hold prices firm for two years (maybe that's the reason they were doing an early price increase this fall instead of the usual January timeframe)

 

[b4pjoe]

or maybe Directv will promise to hold prices firm for two years (maybe that's the reason they were doing an early price increase this fall instead of the usual January timeframe)

They moved up the price hike almost 2 years ago. Price hike in January 2023 was the last time the increase was in January. Then in November 2023 and this year in October 2024.

 

[Bruce]

They moved up the price hike almost 2 years ago. Price hike in January 2023 was the last time the increase was in January. Then in November 2023 and this year in October 2024.

So three in less then 2 years, plus the fact that the one this month was higher then usual.

 

[b4pjoe]

So three in less then 2 years, plus the fact that the one this month was higher then usual.

And was planned before the Disney dispute which doesn't bode well.

 

[slice1900]

And was planned before the Disney dispute which doesn't bode well.

Well they knew they were going to make a deal with Disney eventually, and it would be more money. Though it seems like it would have been better optics to hold off until after the deal and then announce a price increase the next month and blame it on Disney lol

 

[John2021]

the only thing the merger is going to do is give em more time before there both dead!!! even hugesnet and viacrap are loosing subs thanks to elon...

 

[John2021]

it will be interesting to see what happens to sling tv and if they try and convert people to dtv stream. i see more people leaving if that does happen

 

[CSM]

Could the other reason they bought Dish so they could have an in-house hardware division one since DTV doesn't have one now?

 

[John2021]

Could the other reason they bought Dish so they could have an in-house hardware division one since DTV doesn't have one now?

i wonder what there gonna do with the sat that dish is having built. i just feel like the merger buys em more time before there dead...

 

[John2021]

DIRECTV - Home

DIRECTV has agreed to acquire EchoStar’s video distribution services, DISH DBS (“DISH”) and Sling TV.

www.brightertvfuture.com

 

[John2021]

Could the other reason they bought Dish so they could have an in-house hardware division one since DTV doesn't have one now?

i wonder if direct will offer dish wireless in bundles once there merged??? but hopefully it will be a better marriage than AT&T