In what could be the next mega-deal in the TV world, AT&T reportedly has an interest in the satcaster giant. The Wall Street Journal reported tonight that AT&T has approached DirecTV about a possible acquisition, which likely would be worth $40 billion, the paper said. Neither company would comment on the WSJ report. The deal would create a Pay TV behemoth potentially on the same scale as the Comcast’s proposed $45 billion merger with with Time Warner Cable. DirecTV is the No. 2 pay service, with about 20 million subscribers, and AT&T phone-based TV biz has nearly 6 million. AT&T has an existing partnership with the satellite giant to sell its service in areas where it offers broadband but doesn’t offer its U-verse TV service. AT&T just this week teamed with Peter Chernin in a venture to create an online service that can take the place of traditional pay TV.
AT&T Eyeing $40B DirecTV Acquisition: Report
What's Hot on Deadline
John Oliver Offers Donald Trump His Emmy Award If Candidate Will Accept Election Results On November 8
Bernie Sanders: Obama Administration "Should Kill" The AT&T-Time Warner Deal: "Higher Prices & Fewer Choices"
'Saturday Night Live' Hits Season High Ratings With Tom Hanks, Lady Gaga & More Donald Trump & Hillary Clinton
Latest TV News
- John Oliver Offers Donald Trump His Emmy Award If Candidate Will Accept Election Results On November 8
- ‘The Talking Dead’: ‘Walking Dead’ Cast Talk Shocking Character Deaths In Rainy Live Event
- ‘The Walking Dead’ Season 7 Premiere: Negan’s Victim Revealed In Bloody Opener
- Benedict Cumberbatch To Host ‘Saturday Night Live’ November 5
- ‘The Walking Dead’ Season 7 Preview: Who Does Negan Kill? Is It [Spoiler]?
- Bernie Sanders: Obama Administration “Should Kill” The AT&T-Time Warner Deal: “Higher Prices & Fewer Choices”…