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RandySF

(57,661 posts)
Fri Jan 14, 2022, 09:23 PM Jan 2022

DirectTV to drop OAN.

New York (CNN Business)One America News, the right-wing conspiracy channel favored by former President Donald Trump, will be dropped later this year by DirecTV, a spokesperson for the television carrier said Friday evening.

The move will deal a significant blow to the fringe outlet. Not only will OAN be removed from the millions of households that use DirecTV as a television provider, it will also suffer a major hit to its revenue.

Reuters, citing sworn testimony that an OAN accountant gave in 2020, reported last year that 90% of the channel's revenue came from subscriber fees paid by AT&T-owned platforms, including DirecTV.

While DirecTV has since been spun off into a standalone company, AT&T (T) still owns 70% of it. (AT&T also owns CNN, though it is spinning off CNN parent company WarnerMedia in a deal with Discovery (DISCA) expected to be completed this year.).

It is unknown what proportion of the channel's revenue currently comes from DirecTV or how many households it will reach once DirecTV stops carrying it. But the network's website only lists a few other national carriers, Verizon FiOS most prominently among them.





https://www.cnn.com/2022/01/14/media/oan-directv/index.html

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DirectTV to drop OAN. (Original Post) RandySF Jan 2022 OP
ATT has known for years it was hosting fascists and hate speech.Digest that for a moment Alexander Of Assyria Jan 2022 #1
ATT accounted for 90% of OAN revenue WarGamer Jan 2022 #2
Why wait? Drop them now. kysrsoze Jan 2022 #3
This makes me smile LetMyPeopleVote Jan 2022 #4
 

Alexander Of Assyria

(7,839 posts)
1. ATT has known for years it was hosting fascists and hate speech.Digest that for a moment
Fri Jan 14, 2022, 09:25 PM
Jan 2022

Speculating the lawyers and accountants advised the Board the cost of potential lawsuits outweighed the revenue and the corporate support of fascism will now need to be more muted.

WarGamer

(12,106 posts)
2. ATT accounted for 90% of OAN revenue
Fri Jan 14, 2022, 09:32 PM
Jan 2022

Ratings could have been less than 20k households.

Basically DirecTV is getting rid of OAN and keeping NewsMax which has high ratings.

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