DirecTV subscribers saw channels owned by Disney go off the air in the middle of matches of the U.S. Open this weekend due to a contract dispute between DirectTV and Disney, which owns ESPN and ABC.
The pay TV distributors raised a red flag to a U.S. district judge over a bid to dismiss an earlier injunction against the sports streamer after a surprise merger of Disney’s Hulu + Live TV and Fubo.
AT&T is selling its 70% stake in DIRECTV, the last major piece of the company's media empire. AT&T wasted billions of dollars on media acquisitions over the past decade, piling up debt in the process.
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