Thread regarding DIRECTV layoffs

DirecTV-Dish merger

DirecTV is buying rival Dish Network in an attempt to effectively compete against streaming services.

On Monday, the satellite TV provider announced it will pay $1 for EchoStar’s video distribution business, Dish DBS, which means it will own Dish TV and Sling TV. DirecTV also agreed to assume $9.75 billion of Dish's debt.

https://www.foxbusiness.com/lifestyle/directv-dish-merger-how-impact-customers

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| 391 views | | 4 replies (last October 4)
Post ID: @OP+1uOZBSFU

4 replies (most recent on top)

Is there a cut off date they would need to agree by? Would that be this Nov?

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Post ID: @1cai+1uOZBSFU

Bloomberg cites if debtor dobt agree to reduction, merger could fall through? If so buh bye Dish. Do you think people would willingly convert to dtv with so many options available. Maybe some but not all. Dtv couldnt buy their subs and last several more yrs. Losing more than a mil subs plus per year...the customers are literally dying.

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Post ID: @1jem+1uOZBSFU

A possibility, dtv/tpg is said to finance debt repayments (ny times source). However, deal would reduce debt terms. Debt holders could block and planning to fight debt reduction. However 10% of a grape is better than 0% of watermrlon.

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Post ID: @1fdi+1uOZBSFU

Can a BK happen still in Nov? How does dish have money now, if the deal is only to be approved next year towards the end?

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Post ID: @1qqb+1uOZBSFU

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