M&A Deal Summary

DIRECTV Acquires EchoStar - Video Distribution Business

On September 30, 2024, DIRECTV acquired media company EchoStar - Video Distribution Business from EchoStar for 9.8B USD

Acquisition Highlights
  • This is DIRECTV’s 2nd transaction in the Media sector.
  • This is DIRECTV’s largest (disclosed) transaction.
  • This is DIRECTV’s 6th transaction in the United States.
  • This is DIRECTV’s 2nd transaction in Colorado.

M&A Deal Summary

Date 2024-09-30
Target EchoStar - Video Distribution Business
Sector Media
Buyer(s) DIRECTV
Sellers(s) EchoStar
Deal Type Divestiture
Deal Value 9.8B USD

Target

EchoStar - Video Distribution Business

Englewood, Colorado, United States
EchoStar's Video Distribution Business consists of Echostar's video options including DISH TV and Sling TV. The Business is based in Englewood, Colorado.

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Buyer(S) 1

Buyer

DIRECTV

El Segundo, California, United States

Category Company
Founded 1977
Sector Media
Revenue 31.8B USD (2013)
DESCRIPTION

DIRECTV is a provider of digital television entertainment services delivering a premium video experience through state-of-the-art technology, programming, and industry-leading customer service to more than millions of customers in the U.S. and Latin America. DIRECTV was founded in 1977 and is based in El Segundo, California.


DEAL STATS #
Overall 6 of 6
Sector (Media) 2 of 2
Type (Divestiture) 1 of 1
State (Colorado) 2 of 2
Country (United States) 6 of 6
Year (2024) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-18 GSN Games

Santa Monica, California, United States

GSN Games presents original and classic game programming and games via its cable network, the digital ad-supported network, Game Show Central, the GameShowNetwork.com website and its position as one of the leading social casino games companies in the world at GSN.com. Its cross-platform content also includes GSN Games’ portfolio of free mobile casual and social games. Game Show Enterprises, the production arm of the network, develops and produces hundreds of hours of original episodes, making Game Show Network the premiere destination for fun, family-friendly programming. Game Show Network is distributed throughout the U.S., Caribbean and Canada by all major cable operators, satellite providers, and telcos. Game Show Network was founded in 1999 and is based in Santa Monica, California.

Sell -

Seller(S) 1

SELLER

EchoStar

Englewood, Colorado, United States

Category Company
Founded 2007
Sector Communications
Revenue 2.0B USD (2022)
DESCRIPTION
Entrance to EchoStar's corporate headquarters in Englewood, Colorado.
Entrance to EchoStar's corporate headquarters in Englewood, Colorado.

EchoStar is a provider of satellite operations and video delivery solutions. Its wholly-owned subsidiary, Hughes, provides satellite broadband services, delivers network technologies and manages services for enterprise and government customers for customers around world. EchoStar was founded in 2007 and is based in Englewood, Colorado.


DEAL STATS #
Overall 3 of 3
Sector (Media) 2 of 2
Type (Divestiture) 3 of 3
State (Colorado) 3 of 3
Country (United States) 3 of 3
Year (2024) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-25 Helios Wire

Vancouver, British Columbia, Canada

Helios Wire Corp. is a satellite-enabled IoT connectivity company. Helios Wire’s IoT-blockchain system is built on a space-based infrastructure delivering two-way global connectivity using 30 MHz of priority mobile satellite system (MSS), S-band spectrum.

Buy -