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 26, 2012 |
Comcast Corp.'s NBCUniversal is wrapping up a new distribution deal with satellite broadcaster DirecTV, people close to the talks said. For NBCUniversal, parent of broadcast networks NBC and Telemundo as well as cable channels CNBC, Bravo, USA and MSNBC, among others, the agreement is the latest in a slew of new distribution contracts with the nation's largest pay-TV providers. Earlier this month, NBCUniversal reached a similar accord with Cablevision Systems Corp., the New York-based cable operator that has over 3 million subscribers.
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.
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.
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 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 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.
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.
November 7, 2012 |
The Lakers are battling the Utah Jazz on Wednesday night on Time Warner Cable's new regional sports channel SportsNet, but if DirecTV subscribers want to follow the action they'll either have to visit a bar that's showing the game or go old school and listen to the radio. And it may be that way for awhile. Speaking with Wall Street analysts and investors Tuesday about the satellite broadcaster's third-quarter results, DirecTV Chief Executive Mike White did not sound optimistic, but rather someone trying to draw a line in the sand. While White said DirecTV continues to have "active discussions" with Time Warner Cable about carrying SportsNet and its Spanish-language companion Deportes, he also blasted the rising cost of programming, particularly for sports.
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.