DTV Stock Recent News

In a highly anticipated announcement, earlier this week DirecTV announced they were acquiring Echostar's Video Distribution business including Dish TV and Sling TV. Although no financial terms were disclosed, there have been reports DirecTV acquired Dish/Sling for $1.00 and assumed Echostar's $9.75 billion debt.

DirecTV and Dish are in advanced talks to merge in a deal that could create the largest US pay-TV provider, with more than 20 million subscribers, according to multiple reports. The agreement could be announced as early as Monday, The Wall Street Journal reported Thursday evening.

A class-action lawsuit against the NFL by “Sunday Ticket” subscribers began in federal court Thursday. Subscribers claim the NFL violated antitrust laws by allowing DirecTV (NASDAQ:DTV) exclusive rights to the “Sunday Ticket” package, resulting in inflated prices.