Todd Spangler NY Digital Editor As the pay-TV sector continues its downward spiral, DirecTV and Dish Network — two longtime rivals that have explored joining up at various times for years — may be headed to the altar.
DirecTV is in talks with EchoStar, Dish’s parent company, to acquire Dish and Sling TV, according to reports by Bloomberg, the Wall Street Journal and CNBC.
A deal could be finalized as early as Monday, Sept. 30, per the reports. Reps for DirecTV and Dish didn’t respond to requests for comment.
The deal is being driven by EchoStar CEO Charlie Ergen’s desire to pay off $1.98 billion of debt that matures in November 2024, CNBC reported.
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