Performing yet another heat check on the smooth-sailing AT&T-DirecTV merger proposal, the Wall Street Journal reports that regulator closure is just weeks away and that the FCC and the Justice Department still have no major issues with it.
DirecTV has included support for the new Apple Watch in the latest update to its iPhone app. The satellite carrier is the second big pay-TV company to extend an app for the much-anticipated new wearable, with Comcast announcing an Xfinity app for the device two weeks ago.
While we still don't have specifics about 21st Century Fox's plans to launch over-the-top services directly to consumers, company COO Chase Carey continues to boldly discuss their broad strokes.
Skinny bundles aren't a new phenomenon, certainly not to satellite provider DirecTV. Speaking to investors during the company's first quarter earnings call, DirecTV CEO Mike White said that the company has more than 1 million subscribers on its Entertainment Select package, which offers about 130 channels for $19.99 per month with a 24-month contract and $49.99 per month thereafter. The package includes premium channels HBO, Starz, Cinema and Showtime for three months.
DirecTV reported U.S. subscriber growth of 60,000 and global customer expansion of 279,000 in the first quarter, driven by its lowest churn rate in six years.
What was billed as one of the biggest pay-per-view boxing events in decades turned out to be a major collective technical failing for the pay-TV industry.
And then it just died. Comcast said it is ending its $45.2 billion bid to buy Time Warner Cable and create the nation's largest cable and broadband company. The decision to drop the deal likely clears the way for regulators to approve AT&T $48.5 billion acquisition of DirecTV.
AT&T announced Thursday the completion of the third largest corporate bond sale ever, $17.5 billion, to help pay for its $49 billion purchase of DirecTV.
AT&T experienced a slowdown of its U-verse pay-TV service in the first quarter. However, the company is still bullish on its $49 billion acquisition of DirecTV, which it expects to close in second quarter.
DirecTV and Quincy Newspapers have apparently resolved a business dispute that kept stations covering 10 Midwestern markets off the satellite service for much of Tuesday.