Tegna Media said it has agreed to wait an additional 24 hours from the 7 p.m. EST expiration of its retrans deal tonight with Dish Network before blacking out its 46 stations on the satellite operator's service.
AT&T said it expects to add more than 2 million new wireless customers across all of its wireless segments in the third quarter. The company added that the number of its branded voice customers also grew during the period. The news highlights what appears to be another successful quarter for AT&T following the close of the carrier's acquisition of DirecTV.
AT&T (NYSE: T) is facing the looming possibility of dual blackouts on Oct. 1 involving nearly 100 stations as retransmission contracts involving its U-verse service and Tribune Media, as well as DirecTV and Media General, are set to expire.
DirecTV ranked No. 1 among pay-TV service providers in J.D. Power's annual survey of consumers on TV, Internet and phone service providers.
With the overall U.S. satellite TV business losing 214,000 customers in the second quarter-- and losing pay-TV market share to cable for the very first time-- MoffettNathanson analyst Craig Moffett says the sector is now officially a mature business that is no longer growing.
Hopes have ended that AT&T's closure on its $49 billion DirecTV acquisition will spur a quick deal between the satellite TV operator and regional sports channel the Pac-12 Network.
Time Warner Cable will cancel some non-game programming an lay off 30 employees at its Southern California regional sports networks, including carriage-starved TWC SportsNet LA.
AT&T Mobility dominated the past month in terms of having TV advertising that consumers were sharing online and talking about, according to a report from TV advertising measurement firm iSpot.tv. The ads covered a variety of different AT&T initiatives and marketing plans and beat out new ads from Verizon Wireless and T-Mobile US. Sprint did not have an ad that cracked iSpot.tv's top five rankings for advertising effectiveness in the past month.
AT&T has two ambitious missions in front of it: bring 1 Gbps FTTH service to an additional 12.5 million homes per its agreement with the FCC to get its DirecTV deal approved and scaling its satellite TV service. But it faces the lingering question of how it will meet these goals.
The slowdown in the pay-TV market is not a concern for AT&T because the company is well positioned to take advantage of the migration of customers from traditional pay-TV to over-the-top video viewing, according to a top AT&T executive.