July 18, 2012 |
A top executive at Viacom said Wednesday that talks with DirecTV over a new agreement have broken down. In an interview, Denise Denson, Viacom Inc.'s executive vice president of content distribution, said the media giant was no longer in negotiations with DirecTV Inc. over a deal to return its cable networks to the satellite broadcaster's service. "I really don't see any end in sight, truthfully," Denson said. DirecTV stopped carrying Viacom channels on the evening of July 10, leaving 20 million subscribers without Comedy Central, MTV, Nickelodeon and other popular networks.
February 16, 2012 |
DirecTV, the largest U.S. satellite TV provider, reported a 16% increase in fourth-quarter profit as customer gains in Latin America climbed to a record. Net income rose to $718 million, or $1.02 a share, from $618 million, or 74 cents, a year earlier, the El Segundo company said Thursday. Analysts predicted a profit of 92 cents a share in a Bloomberg survey. The company also said it plans to start a $6-billion share-buyback program. DirecTV gained 590,000 customers in Latin America, topping the record 574,000 achieved in the previous quarter as it added services to challenge pay TV rivals.
July 20, 2012 |
SpongeBob SquarePants and Snooki are coming back to DirecTV. Cable programming giant Viacom and satellite broadcaster DirecTV reached a deal early Friday morning, ending a nine-day battle that left about 20 million homes without more than a dozen popular channels including MTV, Nickelodeon, Comedy Central and VH1. The dispute related to the fees that Viacom was seeking for its programming, which DirecTV viewed as a steep hike. In a statement, DirecTV executive vice president Derek Chang said, "We are very pleased to be able to restore the channels to our customers and thank them for their unprecedented patience and support.
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.
December 6, 2013 |
Apparently when it comes to selling satellite TV, anything goes. In a lawsuit filed in federal court in Sacramento, satellite broadcaster DirecTV accuses Dish One, a retailer majority-owned by rival Dish Network, of using all sorts of duplicitous and illegal acts including pretending to be DirecTV representatives in an effort to poach subscribers, primarily senior citizens. Dish One has "engaged in marketing efforts to target existing DirecTV customers and convince those customers to switch to Dish Network based on false and misleading representations," DirecTV said in the suit, which makes allegations of trademark infringement, false advertising, fraud and slander.
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.
December 10, 2012 |
This post has been updated -- see below for details. Satellite broadcaster DirecTV has quietly added a surcharge to some customers for sports channels separately on several of its most popular programming packages. New DirecTV subscribers who live in areas where there are more than one regional sports network (Los Angeles has four -- News Corp.'s Prime Ticket and Fox Sports West and Time Warner Cable's SportsNet and Deportes) and want those channels are being asked to pay a monthly surcharge of $3. That fee is on top of whatever portion of the costs of the channels DirecTV passes on to its customers.
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.