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AT&T agrees to buy DirecTV in $48.5 billion cash and stock deal
Chicago Tribune ^ | 05/18/2014 | Mike Stone

Posted on 05/18/2014 4:04:06 PM PDT by SeekAndFind

Edited on 05/18/2014 5:27:10 PM PDT by Admin Moderator. [history]

DirecTV, the No. 1 U.S. satellite TV operator, said on Sunday it has agreed to sell itself to AT&T for $48.5 billion, in the second mega-deal to shake up the U.S. television landscape this year.

The deal with Dallas-based AT&T, which has some TV and broadband services, is the latest in a string of big takeovers the wireless operator has considered. Those include an abortive bid for T-Mobile USA in 2011, as well as a potential takeover of Vodafone Plc that receded as a possibility after Comcast Corp surprised the industry this year with a $45 billion bid for Time Warner Cable Inc.


(Excerpt) Read more at chicagotribune.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: att; attdirectv; directtv; dishdeeplysaddened; oldnews
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1 posted on 05/18/2014 4:04:06 PM PDT by SeekAndFind
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To: SeekAndFind

people still pay for tv?


2 posted on 05/18/2014 4:06:03 PM PDT by icwhatudo (Low taxes and less spending in Sodom and Gomorrah is not my idea of a conservative victory)
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To: SeekAndFind

Another monopoly in the making.


3 posted on 05/18/2014 4:07:36 PM PDT by VerySadAmerican
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To: VerySadAmerican

Yeah, this probably won’t end well.


4 posted on 05/18/2014 4:08:24 PM PDT by LS ('Castles made of sand, fall in the sea . . . eventually.' Hendrix)
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To: SeekAndFind

Wow. They stopped pussy footing around and did something.


5 posted on 05/18/2014 4:08:25 PM PDT by Bogey78O (We had a good run. Coulda been great still.)
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To: SeekAndFind

Having had terrible service and customer service experiences with both, I’d have to say customers of each should notice no real change in quality. Except for the inevitable price hikes as two television providers become one and market competition is further reduced.


6 posted on 05/18/2014 4:08:51 PM PDT by AnotherUnixGeek
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To: AnotherUnixGeek

The end result for video services is going to be ugly.

A few consolidators may own all the major distribution channels like satellite and cable and think it’s a stranglehold. It isn’t.

They key to televisions future lies in unlimited broadband and the set top box. Think Roku, Fire TV and Apple TV.

Bundled and wide ranging television packages are going to die a horrid death. I do question the regulatory approval for this but this type of consolidation is truly desperate when you look at the fact that anyone under the age of 20 has figured out how to watch anything they want without cable or satellite.


7 posted on 05/18/2014 4:13:59 PM PDT by PittsburghAfterDark
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To: PittsburghAfterDark

>>They key to televisions future lies in unlimited broadband and the set top box. Think Roku, Fire TV and Apple TV.<<

Yep.

I still am terrestrial (mostly my ATT bundle is the best deal in my area, but I missed DirectTV a LOT).

But when I feel the value isn’t there, I will cancel and go to a pull model (also Netflix — and YouTube has hundreds of thousands of full episodes of shows of the types I love).


8 posted on 05/18/2014 4:16:50 PM PDT by freedumb2003 (Fight Tapinophobia in all its forms! Do not submit to arduus privilege.)
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To: VerySadAmerican
Another monopoly in the making.

Add this to the Comcast merger of Time Warner Cable, and what will you get $200 cable bills real soon.

9 posted on 05/18/2014 4:18:57 PM PDT by catfish1957 (Face it!!!! The government in DC is full of treasonous bastards)
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To: catfish1957

soon?


10 posted on 05/18/2014 4:21:21 PM PDT by Phillyred
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To: SeekAndFind

There goes the neighborhood.


11 posted on 05/18/2014 4:24:58 PM PDT by TaxPayer2000
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To: catfish1957

The combination of Comcast and NBCU is far more troubling than the ATT/DirecTV deal. Comcast’s control of channel availability, content and delivery system makes it the closest of all to a true monopoly.


12 posted on 05/18/2014 4:28:44 PM PDT by clintonh8r (#Don't give up! The liberals are buggering and aborting themselves into extinction.)
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To: PittsburghAfterDark
The problem is the two mega-mergers are going to control content, which they won't have to offer to anyone except their own subscribers. They'll be so huge they'll create their own shows. The rest of us will have to watch the shows on minor channels or Netflix later, or purchase DVDs. They'll also be rich enough to buy rights to major sports events.

That's happening already with shows on stations that aren't on free antenna TV. Free TV will exist, but the content will get even worse.

13 posted on 05/18/2014 4:31:55 PM PDT by grania
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To: PittsburghAfterDark
They key to televisions future lies in unlimited broadband and the set top box. Think Roku, Fire TV and Apple TV.

Comcast has started charging Netflix a premium for service - and of course Netflix is going to pass that cost on to consumers (who are already paying for Comcast's service). This will not be the last time it happens, either - as long as the ISPs are also in the business of providing content services which compete with the content services their customers want, they have a financial incentive to disadvantage services like Netflix and anything else which might be available on Roku or Apple TV.

Eventually it'll get to the point where services like Netflix must charge customers too much to be viable options to ISP content services, and before they finally are driven out of business I'd expect to see them impose conditions like bundling in an attempt to stay alive.

In 5-10 years, the US will have 2 or 3 major streaming content providers and they will be today's major cable providers - the cost advantage of owning the ISP service as well as the content service is unbeatable.
14 posted on 05/18/2014 4:33:35 PM PDT by AnotherUnixGeek
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To: icwhatudo

62.1 million American homes subscribed to basic cable


15 posted on 05/18/2014 4:37:38 PM PDT by UB355 (Slower traffic keep right)
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To: SeekAndFind

I feel like this isn’t good.


16 posted on 05/18/2014 4:38:42 PM PDT by jocon307
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To: icwhatudo

“people still pay for tv?”

LOL, I find this funny too. You can watch any movie or series free, including any sport on the web as long as you have a fast web connection. All you need is a pc or laptop.


17 posted on 05/18/2014 4:48:27 PM PDT by max americana (fired liberals in our company last election, and I laughed while they cried (true story))
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To: SeekAndFind

Back before the Government-Business complex became what it is, this kind of deal would have been DOA.


18 posted on 05/18/2014 4:49:44 PM PDT by dfwgator
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To: SeekAndFind

If wasn’t for Deadliest Catch and Duck Dynasty I would cut the core with Verzion FIOS long time ago

Hey I still have my regular tv set I been watching lots more Antenna TV, ME TV This TV Movies tv network Gettv and the Works channel also Cozi TV on so called regular tv


19 posted on 05/18/2014 4:49:55 PM PDT by SevenofNine (We are Freepers, all your media bases belong to us ,resistance is futile)
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To: SeekAndFind

I guess I find this purchase odd since AT&T is pushing their u-verse service. (at least around here)

I guess it could be part of a long range plan to put DirectTV out of business and drive customers to u-verse?


20 posted on 05/18/2014 4:50:21 PM PDT by berdie
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To: icwhatudo
"people still pay for tv?"

If you live in an area where the fastest internet service you can get sometimes isn't good enough for a three-minute Youtube video?

Oh, yeah.

21 posted on 05/18/2014 4:56:31 PM PDT by CatherineofAragon ((Support Christian white males---the architects of the jewel known as Western Civilization).)
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To: AnotherUnixGeek

Yup. Netflix, Amazon and Google (YouTube) will be vendors to Comcast, AT&T, Verizon, etc., not their replacements.


22 posted on 05/18/2014 5:09:16 PM PDT by only1percent
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To: max americana

What are you using these days?

I mostly watch Veetle when I don’t want to pick a cerrtain show and just want it on in backgroun, Movie4k for movies on demand (with Solarmovies as a backup), FREETVALL when I want to watch a cable channel, and ProjectFreeTV to catch up on a series like BAR RESCUE or PSYCHE. For sports I use Firstrow.


23 posted on 05/18/2014 5:11:12 PM PDT by icwhatudo (Low taxes and less spending in Sodom and Gomorrah is not my idea of a conservative victory)
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To: jocon307

Wait til Google or Verizon buys Dish Network...


24 posted on 05/18/2014 5:13:16 PM PDT by bigbob (The best way to get a bad law repealed is to enforce it strictly. Abraham Lincoln)
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To: icwhatudo

bfl


25 posted on 05/18/2014 5:14:30 PM PDT by bert ((K.E. N.P. N.C. +12 ..... History is a process, not an event)
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To: AnotherUnixGeek

It will be like the days of old....ABC,NBC and CBS owned TV. Now it will be Comcast, ATT and?


26 posted on 05/18/2014 5:14:37 PM PDT by Dallas59 ("Remember me as you pass by, As you are now, so once was I, As I am now, so you will be")
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To: Dallas59

In America, TV watches you.


27 posted on 05/18/2014 5:15:55 PM PDT by dfwgator
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To: bigbob

or google buys verizon and dish


28 posted on 05/18/2014 5:17:21 PM PDT by bert ((K.E. N.P. N.C. +12 ..... History is a process, not an event)
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To: icwhatudo

people still pay for tv?

It is chump change compared to what we are going to pay for the internet in a few years. We are going to get a monthly limit of 200 GB and then pay a fee for every GB that we go over. It is going to be UGLY!!!!! I would rather pay the 100 dollars for cable. The internet bills are going to be 600 a month for those that watch a lot of movies on Netflix and use their internet for work or anything else. We are going to pay more than we ever thought possible.


29 posted on 05/18/2014 5:25:38 PM PDT by napscoordinator (Governor Scott Walker 2016 for the future of the country!)
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To: PittsburghAfterDark

They key to televisions future lies in unlimited broadband

Those days are ending. They want to put a 200 GB on all families in the next few years. Comcast will be the first to do this.


30 posted on 05/18/2014 5:27:10 PM PDT by napscoordinator (Governor Scott Walker 2016 for the future of the country!)
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To: SeekAndFind

Charter Communications can’t catch a break.


31 posted on 05/18/2014 5:29:38 PM PDT by CodeToad (Arm Up! They Are!)
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To: only1percent
Yup. Netflix, Amazon and Google (YouTube) will be vendors to Comcast, AT&T, Verizon, etc., not their replacements.

Well...maybe not Google. They have their Google Fiber rollout of IP services on 1 gigabit/sec fiber-optic cable, for only $70/month. However, it's only available in three cities so far, and of course all are in states with good business environments which don't make new infrastructure costs unbearably high, so they can actually go ahead and lay down fiber.


32 posted on 05/18/2014 5:30:35 PM PDT by AnotherUnixGeek
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To: napscoordinator

it’s very troubling. services are getting more and more expensive as technology advances and it doesn’t make any sense really. other than we just look like sheep ready for the fleecing I guess.


33 posted on 05/18/2014 5:37:09 PM PDT by visualops (artlife.us)
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To: bert

bfl? NO idea what that is


34 posted on 05/18/2014 5:49:45 PM PDT by icwhatudo (Low taxes and less spending in Sodom and Gomorrah is not my idea of a conservative victory)
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To: max americana

How are you getting live sports? NBA, NFL and NCAA football? That is the only reason i have cable. ??


35 posted on 05/18/2014 5:49:47 PM PDT by DariusBane (Liberty and Risk. Flip sides of the same coin. So how much risk will YOU accept? Vive Deco et Vives)
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To: VerySadAmerican
Another monopoly in the making.

A one stop crony shop for the politicians. Report the news they way we want, and you can screw your customers as much as you want.

36 posted on 05/18/2014 5:56:10 PM PDT by Moonman62 (The US has become a government with a country, rather than a country with a government.)
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To: icwhatudo

bump for later so I can check out your sites.

I like 8 octive.......lots of british WWII movies


37 posted on 05/18/2014 5:56:46 PM PDT by bert ((K.E. N.P. N.C. +12 ..... History is a process, not an event)
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To: PittsburghAfterDark

and that is why the big boys are moving to limit traffic on their networks for those types of services.


38 posted on 05/18/2014 5:59:58 PM PDT by cableguymn (It's time for a second political party.)
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To: catfish1957

mine would be 200 with out the promo.. I will cancel at the end of the last month of said promo.


39 posted on 05/18/2014 6:00:49 PM PDT by cableguymn (It's time for a second political party.)
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To: bigbob
Wait til Google or Verizon buys Dish Network...

Yep, that's bound to happen. I bet people are going to give Aereo a more serious look now.

40 posted on 05/18/2014 6:08:30 PM PDT by Charles Martel (Endeavor to persevere...)
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To: napscoordinator

I’m not.

If it means I start buying up DVDs in thrift stores or just go back to reading dead trees, I cannot possibly afford those kind of entertainment costs. Especially not on top of increased utility costs and taxes.

I know there are people who will pay $1k/month for phone service,internet and TV, but it isn’t anyone I know.


41 posted on 05/18/2014 6:09:43 PM PDT by reformedliberal
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To: berdie
I guess I find this purchase odd since AT&T is pushing their u-verse service. (at least around here)

I guess it could be part of a long range plan to put DirectTV out of business and drive customers to u-verse?

U Verse isn't available in a lot of areas.

IIRC, you need a speed of around 10 MBPS in order to receive HD broadcasts. So if you aren't near a fiber-optic booster you're out of luck. And then there's the rural community.

Direct TV will fill that gap nicely for AT&t.

42 posted on 05/18/2014 6:22:38 PM PDT by Bratch
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To: berdie
I don't know how AT&T could afford it, what with the trillions they seem to drop badgering me day in and day out to go U-Verse.

No, for the 4,873rd time!


Ramirez's latest political cartoon LARGE VERSION
05/15/2014: LINK  LINK to regular sized version of Ramirez's latest, and an archive of his political cartoons.

In this political cartoon, Ramirez presents, "Competancy of Our Foreign Policy"



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43 posted on 05/18/2014 6:48:02 PM PDT by DoughtyOne
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To: SeekAndFind
So the company voted the worst company to work for two years running is getting acquired by a company with the worst customer service.

This ought to be fun to watch.

44 posted on 05/18/2014 6:54:20 PM PDT by SamAdams76
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To: SamAdams76

As if the leftist media didn’t have enough ownership concentration as it was.


45 posted on 05/18/2014 6:57:31 PM PDT by GeronL (Vote for Conservatives not for Republicans!)
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To: SeekAndFind

This is a very good move, in my book,

Should greatly improve competition.


46 posted on 05/18/2014 6:57:52 PM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: Cringing Negativism Network

Yeah! Less competition and higher prices!


47 posted on 05/18/2014 7:18:46 PM PDT by minnesota_bound
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Bflr


48 posted on 05/18/2014 7:19:06 PM PDT by snippy_about_it
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To: minnesota_bound

I don’t know.

This would seem to bring AT&T into competition (for the first time) with cable television.

I believe this may actually increase competition.

Maybe I’m wrong, but I think this will improve competition, myself.


49 posted on 05/18/2014 7:27:12 PM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: icwhatudo

“What are you using these days? I mostly watch Veetle”

I don’t use Veetle because they install crap on your system and anything that allows an exe file just to watch shows is a non-no. My neighbor removed his DirecTV and phone so he’s 100% pc, saving hin $100 every month. You want ANY free movi or series? Alluc.to. Watch ANY sport in the world, including boxing. Myp2p..

Any person who pays for cable or satellite need to have their heads examined...


50 posted on 05/18/2014 7:36:13 PM PDT by max americana (fired liberals in our company last election, and I laughed while they cried (true story))
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