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On February 25, 2021, AT&T announced that it would spin-off DirecTV, U-Verse TV, and DirecTV Stream into a separate entity, selling a 30% stake to TPG Inc., while retaining a 70% stake in the new standalone company. The deal closed on August 2, 2021. [6] [7] DirecTV Stream, which offers Live TV and On Demand content, launched in August 2021. [79]
As the pay-TV sector continues its downward spiral, DirecTV and Dish Network — two longtime rivals that have explored joining up at various times for years — may be headed to the altar.
Another big media acquisition has finally been confirmed. Satellite TV provider DirecTV (T, TPG) said Monday it will buy rival Dish Network (), including Dish's streaming brand Sling TV, through a ...
Viacom described this as a "temporary slimdown" until a new carriage deal with DirecTV was reached. [34] Viacom and DirecTV reached an agreement on July 20 to return the interrupted programming. [35] In 2012 CEO Phillip Dauman began to report Viacom's intentions to bundle past programming and make it available on-demand via services like Hulu. [36]
On March 10, 1998, the Viacom channels (excluding the Showtime networks) moved to DirecTV while USSB added fXM and Showtime Extreme to its lineup. [ 3 ] Ultimately, the service was too small to succeed, with DirecTV outpacing it in channel capacity and marketing; an additional snag came when the DSS trademark was relinquished by DirecTV in a ...
Wall Street analysts are taking a wait-and-see approach to the long-anticipated merger CBS Corporation (NYSE: CBS)-Viacom, Inc. (NASDAQ: VIAB) merger, questioning whether the combined companies ...
The 2019 merger of CBS Corporation and Viacom was announced on August 13, 2019, and was completed on December 4, 2019. The merger of equals reunited CBS Corporation and Viacom into a single company known as ViacomCBS (today known as Paramount Global ) after their separation from the first incarnation of Viacom on December 31, 2005.
The tension level in CBS and Viacom merger discussions has spiked dramatically during the past 48 hours as the sides stake out their positions on the valuation of Viacom and management plans for ...