The relationship between AT&T and DirecTV is apparently getting cozier as the two dance around the possibility of AT&T acquiring the nation's leading satellite provider.
Other pay service providers shouldn't have to pay the freight because Time Warner Cable paid more than reasonable market value for the rights to broadcast the Los Angeles Dodgers on its SportsNet LA channel, DirecTV CFO Patrick Doyle told analysts during a first quarter earnings call.
DirecTV reported a 4 percent year-over-year revenue improvement in the first quarter when, worldwide, the satellite provider brought in $7.86 billion. But earnings per share fell to $1.09 compared to $1.20 a year previously, below analysts' estimates, as net income fell to $561 million.
A growing firestorm of consumer dissatisfaction with regional sports channels--highlighted, but by no means restricted to the ongoing brouhaha about Time Warner Cable's deal to pay $8 billion for the video rights of the Los Angeles Dodgers--should create concern about whether Comcast can acquire TWC for $45.2 billion, an op-ed in The Consumerist maintains.
AT&T reportedly talked to DirecTV recently about a merger. The potential move, valued at more than $40 billion, was first reported by The Wall Street Journal.
The Weather Channel has returned to DirecTV, but in a move that may have repercussions for other retransmission disputes, it's the channel, not the service provider, that made concessions so that the return could happen.
Dish Network and Hearst Television are in the final hours of a retransmission battle that could black out 29 local Hearst TV stations in as many markets.
In a move that directly reflects Comcast's $45 billion acquisition bid for Time Warner Cable, Dish Network Chairman Charlie Ergen has reportedly reached out to DirecTV CEO Mike White about merging the two satellite services.
Updated: Following a business model that eschews subscription fees and encourages "celebs and organizations" to sell ad space and their own products directly on a mobile screen, Private Label Mobile TV "hopes to further loosen the stranglehold of cable television providers."
DirecTV Chairman-CEO Michael White took home about 30 percent less money in 2013 compared to 2012, according to a company proxy statement that listed White's total compensation in 2013 as $12.5 million, compared to $18 million in 2012.