Yes linear tv and cord cutting are real. But the biggest drag on DirecTV the product has been AT&T, hands down. Upper management for the spinoff have a cohesive idea what needs to be done to salvage what's left, and the alluded to top priority is cutting the ties to AT&T... a fraud company with garbage leadership.
DTV was far and away the industry leader in pay tv, only to be run into the ground in a few short years. AT&T bought a Mercedes, started charging customers for a Bentley, and produced a Yugo. You'll see a rapid improvement of the product now that it's not being suffocated.
This was well said and you gave a perfect analogy, @6ayp+19ADFvHc. I just have no idea what made you think of Yugo, that gave me a proper laugh!