Tag: DirecTV

AT&T makes bet on video with $48.5 billion DirecTV bid

(Reuters) – AT&T Inc plans to pay $48.5 billion to buy DirecTV, in the latest sign that the wireless industry and the U.S. television market are set to converge as customers consume more video on their mobile devices. The deal, announced on Sunday, highlights AT&T’s pressing need for fresh avenues of growth beyond the maturing U.S. cellular business, which has become increasingly competitive. The combination with DirecTV, the No.1 U.S. satellite TV provider with 20 million customers, would […]

Exclusive: DirecTV in talks with Disney on deal for Internet rights

By Ronald Grover and Liana B. Baker Wed Mar 5, 2014 6:37pm EST (Reuters) – DirecTV is in talks with Walt Disney Co to license the rights to offer Disney’s broadcast and cable channels as part of an Internet-based product, mirroring a first-of-its kind agreement that Disney and satellite rival Dish Network announced earlier this week. “The deal and terms are not unexpected as the Dish contract was the most recent in the Disney timeline […]