DirecTV
Logo since August 2, 2021 | |
| Formerly | The DirecTV Group, Inc. (2004–2015) |
|---|---|
| Company type | Subsidiary |
| NYSE: DTV (until 2007) Nasdaq: DTV (2007-2015) | |
| Industry | Multichannel video programming distributor |
| Predecessor | Hughes Electronics |
| Founded | June 17, 1994 (as Hughes electronics) |
| Headquarters | El Segundo, California , United States |
Areas served | United States, Latin America, Americas, the Caribbean and Europe |
| Products | Multichannel linear pay television |
| Owner | TPG Inc. (2021-present) |
| Parent | AT&T Communications (2015-2025) |
| Subsidiaries |
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| Website | www |
| Footnotes / references [1] | |
DirecTV, LLC 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 and over-the-top streaming television service serving the United States.[2] Its primary competitors are Dish Network, traditional cable television providers, IP-based television services, and other over-the-top video services.
On July 24, 2015, after receiving approval from the Federal Communications Commission and theDepartment of Justice, AT&T acquired DirecTV in a transaction valued at $67.1 billion.[3][4]
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.[5][6]
On September 30, 2024, AT&T announced that they would sell their remaining 70% stake to TPG Inc. for $7.6 billion[7] (with will keep U-verse TV by AT&T). The sale was completed on July 2, 2025, making DirecTV a wholly owned subsidiary of TPG Inc. and splitting the company off from AT&T for the first time since 2015.
On April 13, 2025, DirecTV announced the end of DirecTV Stream as a standalone brand and merged its content with its regular DirecTV service.[8]
- ^ "About Us: Company Profile". DirecTV. Retrieved July 8, 2013.
- ^ "AT&T & TPG Close DirecTV Transaction". August 2, 2021. Retrieved December 29, 2021.
- ^ "AT&T Completes Acquisition of DirecTV". AT&T, Inc. July 24, 2015. Retrieved July 24, 2015.
- ^ Stelter, Brian (May 19, 2014). "AT&T and DirecTV strike $49 billion deal". CNN. Retrieved May 19, 2014.
- ^ Goldsmith, Jill (February 25, 2021). "WarnerMedia Parent AT&T Sells DirecTV Stake To Private Equity Firm TPG". Deadline.
- ^ Hayes, Dade (August 2, 2021). "AT&T Completes DirecTV Spinoff; Satellite Operator Unites Its Internet-Delivered Bundles Under New Brand DirecTV Stream". Deadline Hollywood.
- ^ "AT&T sells stake in DirecTV for $7.6 billion as it exits entertainment biz, as DirecTV buys Dish - CBS News". www.cbsnews.com. September 30, 2024. Retrieved September 30, 2024.
- ^ Bouma, Luke (April 13, 2025). "The End of DIRECTV STREAM as DIRECTV Consolidates Its TV Offerings". Cord Cutters News. Retrieved September 18, 2025.