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DirecTV Abandons Dish Acquisition After Bondholders Reject Proposal
DeadlineStory by Glenn GarnerImage from Deadline
scrn loglineDirecTV abandons massive Dish acquisition after bondholders reject the debt-heavy deal, scrapping plans to create the top US pay-TV provider.beat sheet- Bondholders opposed DirecTV's proposal to assume EchoStar's substantial debt, torpedoing the merger that would have combined the two satellite TV giants.
- The failed deal leaves DirecTV and Dish in a weakened position, facing growing competition from streaming services as the traditional pay-TV model continues to erode.
Read the sourcecall sheetDirecTV, EchoStar, Dish - Hollywood ReporterHollywood Reporter6dNo more articles
DirecTV Abandons Dish Acquisition After Bondholders Reject Proposal
DeadlineStory by Glenn Garner
scrn logline
DirecTV abandons massive Dish acquisition after bondholders reject the debt-heavy deal, scrapping plans to create the top US pay-TV provider.
beat sheet
- Bondholders opposed DirecTV's proposal to assume EchoStar's substantial debt, torpedoing the merger that would have combined the two satellite TV giants.
- The failed deal leaves DirecTV and Dish in a weakened position, facing growing competition from streaming services as the traditional pay-TV model continues to erode.
call sheet
DirecTV, EchoStar, Dish