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Tegna Stations, Including Many CBS And NBC Affiliates, Go Dark On DirecTV In Carriage Dispute
01.12.2023 - 02:05 / deadline.com
Dozens of local TV stations owned by Tegna, most of them NBC and CBS affiliates, have gone dark on DirecTV in a carriage dispute.
The companies failed to reach an agreement before a 5 p.m. PT deadline Thursday. The outage will immediately affect roughly 5 million customers in markets across the U.S.
DirecTV was spun off by AT&T in 2021 into a privately held entity that is 30% owned by private equity firm TPG. DirecTV’s traditional satellite business, along with the internet-delivered DirecTV stream and the U-Verse cable systems combined have nearly 12 million subscribers in the U.S., according to recent analysts’ estimates.
The Tegna battle affects about 40% of that base, sources indicated to Deadline, with 70% of affected stations being affiliated with either CBS or NBC. Tegna owns 66 stations in 52 markets, including in top DMAs like Dallas, Phoenix and Denver.
Rob Thun, CEO of DirecTV, faulted the stance of Tegna and other programmers in the current marketplace. “We’re not going to make it up on volume, we’re going to make it up in price,” he told Deadline in an interview, characterizing the bargaining approach of programmers, with carriage fee demands increasing “precipitously” in recent renewal cycles. “If that’s the mentality, you’re going to drive more people out the door because price is what’s driving everyone out of pay-TV.”
Said Tegna in a statement this evening: “Despite months of effort, DirecTV has refused to reach a fair, market-based agreement with Tegna. As a result, DirecTV and AT&T U-Verse customers will lose access to NFL and college football conference championship games, as well as some of the most popular national network programming and top-rated local news. We urge DirecTV to continue to
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