OAN, the right-wing conspiracy channel, will be dropped by DirecTV later this year

This move will deal a huge blow to the marginal exit. Not only will OAN be removed from the millions of households that use DirecTV as their TV provider, they will also suffer significant damage to their revenue.

Reuters, citing sworn testimony given by an accountant at OAN in 2020, reported last year that 90% of the channel’s revenue came from subscriber fees paid by AT&T-owned platforms, including DirecTV.
While DirecTV has since turned into an independent company, AT&T (T) He still owns 70% of it. (AT&T also owns CNN, although it is a spin-off of CNN’s parent company WarnerMedia in a deal with Discovery (tablet) It is expected to be completed this year.)

It is unknown what percentage of the channel’s revenue is currently coming from DirecTV or how many families it will reach once DirecTV stops carrying it. But the network’s website only lists a few other national carriers, most notably Verizon FiOS.

In a statement, a DirecTV spokesperson told CNN, “We have informed Herring Networks that after a routine internal review, we do not plan to enter into a new contract when our existing agreement expires.”

Bloomberg News, which broke the news, reported that the contract expires in early April. A person familiar with the matter confirmed that date to CNN.

Over the years, OAN has promoted conspiracy theories and outright lies on a number of issues, including the results of the 2020 presidential election and the coronavirus pandemic. Trump preferred the network because it was willing to push his lies.

DirecTV’s move to sever ties comes amid a national reckoning about the spread of disinformation, disinformation, and conspiracy theories.

The decision also comes after a major controversy in the wake of a Reuters story, which reported that AT&T played a key role in founding OAN.

The National Association for the Advancement of Colored People said at the time that it was “outraged” by the report.

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