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Stock impact report

Will DirecTV and Dish Finally Merge? 'It's Hard to Imagine That Regulators Would Block This Deal,' Analyst Says [Yahoo! Finance]

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: Yahoo! Finance
Shares in Dish Network parent EchoStar climbed 7% in early Monday trading, following reports by Bloomberg that the satellite TV provider is discussing a merger with DirecTV. It's not the first time Dish Network-parent EchoStar has entered discussions with DirecTV, with EchoStar chairman Charlie Ergen regularly stating for years that he believes such a tie-up is “inevitable.” In fact, the FCC blocked a formal proposal to merge the two once in 2002, citing antitrust concerns. But according to MoffettNathanson analyst Craig Moffett, the waning market power of these two struggling satellite TV businesses may actually work in their favor this time. Back in July 2021, just before AT&T spun off DirecTV into a separate entity, the pay TV company had 15.412 million remaining subscribers. According to a DirecTV source, that number has fallen to around 11 million. Moffett says that, in light of such unchecked subscriber losses, “it's hard to imagine that regulators would block a dea Show less Read more
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