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What a DirecTV, Dish merger means for media shares

October 8, 2024 11:00 PM EDT

Last week, DIRECTV (NYSE: DTV) and Dish Network announced their intention to merge, a move that could reshape the media landscape.

If the merger receives regulatory approval, the combined entity is projected to have around 18 million pay TV subscribers, which represents approximately 27% of the U.S. pay TV market.

According to Citi analysts, this merger could lead to... More