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DirecTV and Dish to Merge to Create Largest US Pay-TV Provider

  • DirecTV will acquire EchoStar's Dish TV and Sling TV for $1, taking on $9.75 billion of Dish's debt, as part of a debt exchange transaction.
  • CEO Bill Morrow stated that the merger will allow better negotiations for tailored programming to customers.
  • This merger may challenge regulators’ stance on consolidation in the television industry, which has changed significantly since a previous failed attempt in 2002.
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