Streaming & OTT

AT&T Completes DirecTV Spinoff to Private Equity Firm

After 6 years, pay TV business once again a standalone company

AT&T received $7.1 billion in cash in the transaction. AT&T
By Kelsey Sutton

August 2, 2021

After first announcing its intention to throw in the pay TV towel in February, AT&T has officially offloaded DirecTV, AT&T TV and U-verse.

Kelsey Sutton

Kelsey Sutton is the streaming editor at Adweek, where she covers the business of streaming television.

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