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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]
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 ...
(WJET/WFXP) — After months of negotiations, DIRECTV announced that it has terminated its deal to acquire DISH DBS, the parent company of DISH, and its streaming service, Sling TV, in a multi ...
On August 13, 2019, CBS and Viacom officially announced their merger; the combined company was to be named ViacomCBS, with Shari Redstone serving as chair. [11] [12] [13] Upon the merger agreement, Viacom and CBS jointly announced that the transaction is expected to close by the end of 2019, pending regulatory and shareholder approvals. [13]
Shares of Dish rose as much as 6.3% after the report on Friday, while AT&T's stock edged 1.9% higher. Both Dish and DirecTV have been losing subscribers as viewers continue to shift to cheaper ...
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.
DirecTV and Dish are in advanced talks to merge in a deal that would create the largest U.S. pay-TV provider, with almost 20 million subscribers, people familiar with the matter said.