DirecTV, Dish reportedly close to reaching a merger agreement

DirecTV and Dish are in advanced discussions to merge, potentially creating the largest pay-TV provider in the U.S. with over 20 million subscribers, as reported by The Wall Street Journal.

The agreement could be announced as soon as Monday and would also include Sling TV, Dish’s streaming service.

Both companies have been losing customers to more affordable streaming options, and the merger could help DirecTV-parent AT&T and private equity firm TPG reduce costs significantly.

For Dish, it offers relief from mounting debt for co-founder Charlie Ergen, the New York Post has reported.

read more: https://nypost.com/2024/09/27/media/directv-dish-reportedly-close-to-reaching-a-merger-agreement-which-could-bring-in-more-than-20m-subscribers/

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