AT&T and TPG finally close their sale.

[Juan]

Streaming is still in transition, with multiple profitable services, while others morph and grow to work to achieve / understand viability as self-serving or partnerships to deliver content. Many failures and mergers ahead, but it's already profitable and there's no question it is both the present and future of content delivery.

Satellite TV and many other traditional pay TV services are still waiting to find the bottom, trying to get a feel what what will be sustainable and what the new normal will become as they bleed out. ATT just hopped on at the worst possible time and was just DirecTV's escort for the rapid decline - rather than the cause. Don't think there was much they could do to avoid the current state of the industry and DirecTV's business.

Most streaming companies are dumping employees to become profitable...many are going AI for content...that not the sign of a strong profitable growing enterprise...cable got greedy...nobody wants 200 channels that could really be condensed into 36 quality channels

 

[navychop]

How long do you think a judge would take to issue a stay? And if they still didn't pay? Forced bankruptcy?

I suspect they have the money but are choosing to…..

 

[nelson61]

I have been contacted by a few DIRECTV retailers letting me know they have not been paid this month.

When they asked DIRECTV about this they were told they were overpaid last year so their payments are being withheld. When they asked for proof of this they were told that DIRECTV does not have access to the old billing system.

To me this is concerning, and just wondering if any other DIRECTV retailer has had this issue.

Wow. I thought things were smooth as described by at&t a year or so ago.

No records but they know the dealers were overpaid?


Smells!

 

[John2021]

Satellite tv is dying or better yet it will soon be in the same content category as AM radio..its gonna be a niche product

please explain how sat t.v. is going to be a niche product when launching sats isn't cheap neither is maintaining ground stations that send the signals to the birds and so on then we have contract renewals!!! how many will be willing to pay the insane price for it???

 

[Juan]

please explain how sat t.v. is going to be a niche product when launching sats isn't cheap neither is maintaining ground stations that send the signals to the birds and so on then we have contract renewals!!! how many will be willing to pay the insane price for it???

Those who have no other option..rural folks

 

[John2021]

Those who have no other option..rural folks

they would prob be transfered to dish since there launching another sat. things are getting interesting in the tv world with cable streaming and sat and ota. i dont think direct is going to launch new sats for rual folks

 

[John2021]

I agree ...
D* was not doing all that Great Before ATT took over.

i heard dtv never really made a profit. pure speculation though. i'm sure the had there asses handed to em with the sunday ticket since they were always giving it away to keep subs

 

[John2021]

I have been contacted by a few DIRECTV retailers letting me know they have not been paid this month.

When they asked DIRECTV about this they were told they were overpaid last year so their payments are being withheld. When they asked for proof of this they were told that DIRECTV does not have access to the old billing system.

To me this is concerning, and just wondering if any other DIRECTV retailer has had this issue.

where are these retailers i thought direct moved and kept everything in house now!!! i haven't seen a retailer in years!!!

 

[John2021]

DIRECTV is not designing or building any new satellites. It is not designing/building new boxes for the satellites, it has plenty on hand.

interesting when we had our server replaced it said it was made the beginning of this year same guts just a different case with out the ATT Bullsh!t on it

 

[Jimbo]

interesting when we had our server replaced it said it was made the beginning of this year same guts just a different case with out the ATT Bullsh!t on it

Isn't there a sticker on it that gives the date made (Bottom or back) ?

 

[John2021]

Isn't there a sticker on it that gives the date made (Bottom or back) ?

yea it said the beginning of this year!!! i will have to look again!!! though i think there recycling the guts and throwing them in a new plastic case wich makes sense

 

[Juan]

i heard dtv never really made a profit. pure speculation though. i'm sure the had there asses handed to em with the sunday ticket since they were always giving it away to keep subs

BS..they made billions..they did lose money on Sunday Ticket price wise but made that up in subscriptions to satellite tv

 

[Bruce]

BS..they made billions..they did lose money on Sunday Ticket price wise but made that up in subscriptions to satellite tv

AT&T's tumultuous journey with DirecTV has officially come to an end, leaving the telecom giant with a staggering $32.8 billion loss. This final chapter closes with the sale of AT&T's remaining stake in DirecTV, culminating in a total of $34.2 billion received by its sale of DIRECTV and money received according to its press releases against an initial investment of $67 billion, including assumed debt, back in July 2015. With this deal TPG now has full control of DIRECTV.

AT&T Lost Over $30 Billion on DIRECTV As It Finally Sells Its Ownership to TPG | Cord Cutters News

AT&T’s tumultuous journey with DirecTV has officially come to an end, leaving the telecom giant with a staggering $32.8 billion loss. This final chapter closes with the sale of AT&T’s remaining stake in DirecTV, culminating in a total of $34.2 billion received by its sale of DIRECTV and money...

cordcuttersnews.com

 

["MysteryMan"]

AT&T's tumultuous journey with DirecTV has officially come to an end, leaving the telecom giant with a staggering $32.8 billion loss. This final chapter closes with the sale of AT&T's remaining stake in DirecTV, culminating in a total of $34.2 billion received by its sale of DIRECTV and money received according to its press releases against an initial investment of $67 billion, including assumed debt, back in July 2015. With this deal TPG now has full control of DIRECTV.

AT&T Lost Over $30 Billion on DIRECTV As It Finally Sells Its Ownership to TPG | Cord Cutters News

AT&T’s tumultuous journey with DirecTV has officially come to an end, leaving the telecom giant with a staggering $32.8 billion loss. This final chapter closes with the sale of AT&T’s remaining stake in DirecTV, culminating in a total of $34.2 billion received by its sale of DIRECTV and money...

cordcuttersnews.com

AT&T: Always Tampering and Tinkering.

 

[Juan]

AT&T's tumultuous journey with DirecTV has officially come to an end, leaving the telecom giant with a staggering $32.8 billion loss. This final chapter closes with the sale of AT&T's remaining stake in DirecTV, culminating in a total of $34.2 billion received by its sale of DIRECTV and money received according to its press releases against an initial investment of $67 billion, including assumed debt, back in July 2015. With this deal TPG now has full control of DIRECTV.

AT&T Lost Over $30 Billion on DIRECTV As It Finally Sells Its Ownership to TPG | Cord Cutters News

AT&T’s tumultuous journey with DirecTV has officially come to an end, leaving the telecom giant with a staggering $32.8 billion loss. This final chapter closes with the sale of AT&T’s remaining stake in DirecTV, culminating in a total of $34.2 billion received by its sale of DIRECTV and money...

cordcuttersnews.com

The question was dtv...not what att paid for it...dtv still makes a boatload of money

• In the three years prior to AT&T's full divestment (2021-2024), DirecTV achieved financial outcomes that met AT&T's expectations, according to AT&T.

 

[Bruce]

The question was dtv...not what att paid for it...dtv still makes a boatload of money

• In the three years prior to AT&T's full divestment (2021-2024), DirecTV achieved financial outcomes that met AT&T's expectations, according to AT&T.

Juan, read what it says, AT&T still lost money on the deal, it says right in the article that it included money received, but that was not enough to overcome the losses.

Based on the previous financial reports, along with information from Fitch Ratings, average yearly profits were about $2-4 Billion a year, so if we go way too high, $4 Billion a year in profits, the ten years AT&T owned it, only $40 Billion, AT&T paid $67 Billion ( including debt).

Of course, that is extremely simple math, it is a lot more elaborate/ detailed if you go into depth on the subject.

Plus this fact, in 2021, AT&T took a $15.5 billion write-down on DirecTV, signaling a major loss.

and this-

Under the terms of the deal that officially closed in August 2021, the ailing satellite provider was valued at a meager $16 billion, some $50 billion less than six years.

AT&T Loses Over $50 Billion on Half-Baked Content Distribution Ambitions

After losing over $50 billion on a series of failed forays into content production and distribution, AT&T was forced to start selling stakes in its recently acquired media assets or risk weake…

www.filmtake.com

So, how about you post a link that proves AT&T made money on the deal.

 

[Juan]

Wow. I thought things were smooth as described by at&t a year or so ago.

No records but they know the dealers were overpaid?


Smells!

AI Overview

+2


AT&T discovered potential overpayments to DirecTV dealers through several channels, including:

• Customer complaints: Investigations like the one by CBS News revealed thousands of complaints related to overcharging and promotional issues. These complaints, like those related to DirecTV Now sign-up scandals where customers were unknowingly signed up for service, prompted internal investigations.
• Internal audits and monitoring: AT&T stated it actively monitors its direct-to-door sales channel to identify unethical sales practices and enforces dealer agreement violations. DIRECTV Community Forums threads suggest internal audits could review technician appointments and performance.
• Identifying discrepancies in sales and cancellations: In the case of the DirecTV Now sign-up scandal, AT&T noticed more cancellations than signups in certain retail outlets, which raised suspicion and triggered an internal probe.

In essence, a combination of customer feedback, proactive internal monitoring, and analysis of sales data likely alerted AT&T to potential dealer overpayments or fraudulent activities.

 

[Juan]

Juan, read what it says, AT&T still lost money on the deal, it says right in the article that it included money received, but that was not enough to overcome the losses.

Based on the previous financial reports, along with information from Fitch Ratings, average yearly profits were about $2-4 Billion a year, so if we go way too high, $4 Billion a year in profits, the ten years AT&T owned it, only $40 Billion, AT&T paid $67 Billion ( including debt).

Of course, that is extremely simple math, it is a lot more elaborate/ detailed if you go into depth on the subject.

Plus this fact, in 2021, AT&T took a $15.5 billion write-down on DirecTV, signaling a major loss.

and this-

Under the terms of the deal that officially closed in August 2021, the ailing satellite provider was valued at a meager $16 billion, some $50 billion less than six years.

AT&T Loses Over $50 Billion on Half-Baked Content Distribution Ambitions

After losing over $50 billion on a series of failed forays into content production and distribution, AT&T was forced to start selling stakes in its recently acquired media assets or risk weake…

www.filmtake.com

So, how about you post a link that proves AT&T made money on the deal.

Your confused

I said directv is still profitable..that's not the same as buying and selling the company directv...ATT spun off directv..all kinds of tax writeoffs going on..its not just a simple cash deal

 

[nelson61]

I said directv is still profitable..that's not the same as buying and selling the company directv...ATT spun off directv..all kinds of tax writeoffs going on..its not just a simple cash deal

TPG would not have bought the rest of DIRECTV if it they could not turn a profit on the deal. Onerous debt is what has gone away.

 

[Bruce]

Your confused

I said directv is still profitable..that's not the same as buying and selling the company directv...ATT spun off directv..all kinds of tax writeoffs going on..its not just a simple cash deal

Link to where it says AT&T make a profit, please.