DirecTV

Uncommon card · No. 86583

DirecTV, LLC (stylized in all caps as DIRECTV) is an American direct broadcast satellite and streaming television company based in El Segundo, California. Originally launched on June 17, 1994 by Hughes Electronics, its primary service is distributing streaming programming as well as satellite services for consumers and businesses in the United States and Puerto Rico. Its primary competitor is Dish Network. On July 24, 2015, after receiving approval from the Federal Communications Commission and the Department of Justice, AT&T acquired DirecTV in a transaction valued at $67.1 billion. On February 25, 2021, AT&T announced that it would spin-off DirecTV 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. On September 30, 2024, AT&T announced that they would sell their remaining 70% stake to TPG Inc. for $7.6 billion. The sale was completed on July 2, 2025, making DirecTV a wholly owned subsidiary...

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