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DirecTV
American direct broadcast satellite and streaming TV company / From Wikipedia, the free encyclopedia
DirecTV, LLC (trademarked as DIRECTV) is an American multichannel video programming distributor based in El Segundo, California. Originally launched on June 17, 1994, its primary service is a digital satellite service serving the United States. It also provides traditional linear television service delivered by IP through its U-verse TV brand and a virtual multichannel video programming distributor service through its DirecTV Stream brand.[2] Its primary competitors are Dish Network, traditional cable television providers, IP-based television services, and other over-the-top video services.
![]() Logo since August 2, 2021 | |
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Formerly | The DirecTV Group, Inc. (2005–2015) |
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Company type | Joint venture |
Nasdaq: DTV | |
Industry | Multichannel video programming distributor |
Predecessor | Hughes Electronics |
Founded | June 17, 1994; 30 years ago (1994-06-17) (as DirecTV) |
Headquarters | , United States |
Areas served | United States, Latin America, the Caribbean and Europe |
Products | multichannel linear pay television |
Owners | |
Subsidiaries | |
Website | www |
Footnotes / references [1] |
On July 24, 2015, after receiving approval from the Federal Communications Commission and the Department of Justice, AT&T acquired DirecTV in a transaction valued at $67.1 billion.[3][4]
As of the end of Q1 2021, AT&T had 15.9 million pay-TV customers, including DirecTV, U-Verse, and DirecTV Stream subscribers.[5]
On February 25, 2021, AT&T announced that it would spin-off DirecTV, U-Verse TV, and DirecTV Stream into a separate entity, selling a 30% stake to TPG Inc., while retaining a 70% stake in the new standalone company. The deal closed on August 2, 2021.[6][7]