November 3, 2011 |
DirecTV, the largest U.S. satellite- television provider, reported a 7.7 percent increase in third- quarter profit after a football promotion helped it gain U.S. subscribers. Net income climbed to $516 million, or 70 cents a share, from $479 million, or 55 cents, a year earlier, DirecTV said today in a statement. Sales increased 14 percent to $6.84 billion, compared with analysts' $6.78 billion projection. DirecTV, based in El Segundo, California, added 327,000 U.S. users, driven by demand for its NFL Sunday Ticket promotion.
November 15, 2012 |
Lakers fans are finally getting some good news. Satellite broadcaster DirecTV has struck a deal to carry SportsNet, the Time Warner Cable-owned network that is the new TV home for the Lakers, sources close to the talks said. An announcement could come as early as this afternoon, they said. The deal ends a long standoff between the two companies. DirecTV has about 1.7 million subscribers in Southern California and having it carry SportsNet and sister Spanish-language channel Deportes was crucial for Time Warner Cable.
June 12, 2013 |
WASHINGTON -- Consumers should get to choose which broadcast networks they want to pay to receive, a senior DirecTV executive told Congress on Wednesday. In testimony to a House Energy and Commerce subcommittee on communications and technology, DirecTV executive vice president Mike Palkovic said new rules are needed for broadcasters such as CBS, NBC, ABC and Fox when it comes to negotiating distribution contracts with pay-TV distributors. "Broadcasting remains governed by antiquated laws designed to favor the broadcaster over the viewing public," Palkovic said.
April 8, 2014 |
The storm between the Weather Channel and DirecTV has finally cleared. The network will return to the satellite television provider on Wednesday, the companies said, following a carriage dispute that had left the channel blacked out for DirecTV's 20 million customers since January. As part of the deal, the Weather Channel agreed to scale back on the amount of so-called reality programming it carries. One of the reasons DirecTV cited when dropping the channel was that it had moved too far away from its core mission of being a weather service.
July 18, 2012 |
DirecTV has fired back at Viacom Inc., saying it is the programmer's desire to force the satellite broadcaster to carry its movie channel Epix that has caused a breakdown in their negotiations for a new deal. In a statement, DirecTV spokesman Robert Mercer said the company had reached a new agreement in principle Tuesday to carry Viacom's cable channels, including MTV, Comedy Central and Nickelodeon. Then, Mercer said, Viacom tried to force carriage of its pay movie channel Epix as part of the contract at a cost of more than $500 million.
July 10, 2012 |
DirecTV subscribers may lose popular channels owned by Viacom Inc. including MTV, Comedy Central and Nickelodeon as early as Wednesday if the two companies are unable to come to terms on a new distribution deal. Viacom said on its website that its current contract with DirecTV expires at midnight Tuesday and no agreement is near. "Despite our best efforts, DirecTV has rejected all of our proposals to renew our agreement," Viacom said, adding that the latest offer from the satellite broadcaster is for a lower rate than Viacom said it gets from any other distributor in the industry.
November 15, 2012 |
The Lakers may not have Phil Jackson but at least they have DirecTV. Ending a long standoff, satellite broadcaster DirecTV has reached an agreement to carry Time Warner Cable's SportsNet, which is the new television home for the Lakers. As part of the pact, DirecTV will also carry Deportes, the Spanish-language sister channel of SportsNet. Laker fans who have DirecTV won't be the only ones cheering the decision. Many bars and restaurants with DirecTV have seen their businesses take a hit without having Laker games on the big screen.
January 13, 2014 |
The Weather Channel just got rained on by DirecTV. The satellite broadcaster, one of the nation's biggest pay-TV distributors with over 20 million subscribers, stopped carrying the Weather Channel as of midnight eastern standard time after the two companies couldn't come to terms on a new distribution deal. "We offered DirecTV the best rate for our programming, and I'm shocked they have put corporate profits ahead of keeping a trusted channel that subscribers rely on every day," said Weather Channel Chief Executive David Kenny.
May 10, 2013 |
DirecTV is going to have to decide soon whether to punt or keep the football. The satellite broadcaster's exclusive contract for rights to the National Football League's Sunday Ticket package, which offers subscribers access to every game being played on Sunday afternoon, ends after the 2014 season. While that may seem like it is a long way off, typically the NFL likes to renegotiate its TV agreements a few years in advance of their expiration date. That was the case with ESPN, Fox, CBS and NBC, all of whom signed lengthy deals long before their current pacts expired.
July 11, 2012 |
DirecTV has received a show of support from an unusual source in its feud with Viacom over a new deal to carry the media giant's cable channels including MTV, Comedy Central and Nickelodeon. Cox Communications Inc., the nation's fifth-largest cable operator with almost 5 million subscribers and a competitor to DirecTV, says the satellite broadcaster is right to fight Viacom's push to raise the price tag to carry its networks. In a statement, Bob Wilson, a senior vice president of Cox Communications, said the fight is indicative of bigger market forces at work that need to be addressed.