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Stock impact report

DirecTV hopes to win back customers by offering a new free service [TheStreet.com]

EchoStar Corporation - Common stock (SATS) 
Last echostar corporation - common stock earnings: 2/20 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.echostar.com/investors
Company Research Source: TheStreet.com
It is no secret that consumers across the country continue to shun traditional cable in exchange for streaming platforms, all to keep a few bucks in their pockets. DirecTV, which is owned by AT&T T , is one of the many cable providers that recently faced a mass exodus of customers as a result of this roaring trend. According to a March report from Leichtman Research Group, DirecTV lost 1,800,000 cable customers in 2023. Don't miss the move: SIGN UP for TheStreet's FREE Daily newsletter As consumers continue to make it clear that they won't be returning to cable anytime soon, DirecTV is switching gears to attract back-fleeing customers. The cable provider is joining a popular trend in streaming by offering its own free, ad-supported streaming service called MyFree DirecTV, which is aimed to be a direct competitor of other free streaming platforms such as PlutoTV and Tubi. MyFree DirecTV offers customers over 90 free channels such as MovieSphere, Fox Weather, Court TV, Show less Read more
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