DirecTV is a privately owned multi-platform pay TV operator in the United States. It was founded in 1994 and is headquartered in the US. The company provides satellite, fiber, and OTT services. As of 2023, DirecTV has over 14,210 employees and generates over $1 billion in annual revenue. The company is owned by AT&T and TPG Growth.
In a lawsuit filed on 25th August 2022, DirecTV accused several station owners of colluding to charge excessive retransmission consent fees, which are paid by pay-TV providers to carry local broadcast channels. The company alleged that the station owners, which include ABC, CBS, and NBC, have violated antitrust laws by coordinating their negotiations and using their market power to extract supracompetitive fees. DirecTV is seeking damages and an injunction to prevent the station owners from continuing these practices. In other news, on 15th September 2022, Apple announced its first live Major League Soccer (MLS) matches, which will be available exclusively on its Apple TV+ streaming service starting in 2023. While the games will not be shown on DirecTV's residential service, they will be available in bars and restaurants through a deal with DirecTV for Business.
DirecTV offers 3 products in the media and telecoms services industry. DirecTV's product portfolio comprises of streaming services and pay TV services.
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DirecTV's revenues were over $1B in 2023. All the revenue comes from pay TV.
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DirecTV currently holds 31 broadcasting rights for sports competitions including ice hockey, beach soccer, soccer | association football, horse racing, handball, triathlon, motorsports, combat sports, cycling, american football and basketball.
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