DirecTV acquires Dish and Sling TV for $1, assumes billions in debt

By Newsweek | Sep 30, 2024 at 02:07 PM EST

DirecTV is set to acquire Dish TV and Sling TV for $1, absorbing $9.8 billion in debt. The deal aims to counter the rise of streaming services, offering more affordable content packages. EchoStar, the current owner, stands to gain by offloading Dish.

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