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DirecTV to drop far-right channel OAN from its service -Breaking



(Reuters) – U.S. satellite broadcaster DirecTV announced Friday that it would drop One America News (OAN), a far-right channel, from its service after its contract expired. This is a major blow for the well-known news network.

OAN rose to prominence during the triumphant and turbulent administration of Donald Trump. OAN has been criticised for spreading conspiracy theories regarding the COVID-19 pandemic, and the 2020 election.

“We informed Herring Networks, after a routine, internal review,” a DirecTV spokesperson stated in an emailed statement.

AT&T Inc (NYSE:), the parent of DirecTV, entered into a deal with Herring Networks Inc in 2017, which included OAN and a little-watched lifestyle channel, AWE. The networks were first carried by DirecTV in April 2017.

OAN or Herring Networks couldn’t be reached immediately for comment after hours.

AT&T has been a crucial source of funds for OAN, providing tens of millions of dollars in revenue, a Reuters investigation found last year. Ninety percent of OAN’s revenue came from a contract with AT&T-owned television platforms, including DirecTV, according to 2020 sworn testimony by an OAN accountant.

Bloomberg News reported that DirecTV will be ending its contract in early April.

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Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.