DirecTV chairman and CEO Mike White said the satellite company has agreed on rates with ESPN/Disney on the soon-to-launch SEC Network regional sports channel, and is "optimistic" about coming to terms with the National Football League by the end of the year for a crucial renewal of the "NFL Sunday Ticket" package.
Partially driven by rabid World Cup TV consumption in its overseas point of strength, Latin America, DirecTV reported second-quarter earnings growth of 22 percent to $806 million, with revenue increasing 5 percent year-over-year to $8.1 billion and beating analysts' consensus forecast.
FCC Chairman Tom Wheeler has sent a letter to Time Warner Cable chief executive Rob Marcus, demanding he do something--soon--to end a carriage dispute that has blacked out Dodgers baseball games in 70 percent of the Los Angeles market this season.
DirecTV appears to have no interest in entering a binding arbitration process with Time Warner Cable over a lengthy carriage impasse that has kept 70 percent of the L.A. market blacked out from Dodgers games this season.
Continuing to defeat the strong headwinds facing new regional sports networks, the ESPN-backed SEC Network has announced carriage deals with Time Warner Cable and Brighthouse Networks.
Revenue from satellite pay TV companies will surpass that generated by cable operators worldwide and reach $99.9 billion by 2020. However, satellite revenue generated in Western Europe will soon begin to decline as operators face new competition from online platforms.
Time Warner Cable has finally stopped sending me direct-mail come-ons, with Comcast trying to buy the company and get the combined video subscriber girth into regulatory fighting shape (i.e. 30 million subscribers or less). But for several years, TWC spent--gosh, I don't know, hundreds--on postage and mailers alone, courting me to become a triple-play subscriber. This was after they had me locked up, but failed to close the deal out.
Want to subscribe to NFL Sunday Ticket without carrying a DirecTV subscription as well? This could be your lucky season. The satellite provider is offering NFLSundayTicket.tv in three tiers starting at $199.99--with certain restrictions.
DirecTV has notably turned a cold shoulder to big launches of regional sports networks recently, shunning TimeWarner SportsNet LA, the Pac-12 Network and CSN Houston, for example. Why will things be different for the SEC Network, the new ESPN-backed channel focused on Southeastern Conference sports that launches in August?
The American Cable Association is petitioning the Federal Communications Commission to impose regulatory fees on DBS providers DirecTV and Dish Network equal to those currently charged to cable providers.