DirecTV Drops Bloomberg TV
In response, Bloomberg called the decision "disappointing, given our active negotiations and good faith engagement throughout the process"
EL SECUNDO, Calif.—DirectTV has dropped the financial news channel Bloomberg TV from its DirecTV satellite service, DirecTV Stream streaming offering and the U-verse packages.
In a statement to subscribers DirecTV said: “Despite several attempts to renew our relationship with Bloomberg, we were unable to reach a mutual agreement, and Bloomberg TV is no longer available. While we regret this inconvenience to viewers of Bloomberg TV, please be aware that we offer several other financial news outlets featuring up-to-the-minute information and diverse perspectives on our [DirecTV, DirecTV Stream and U-verse] lineups.”
In response, Bloomberg noted that "DirecTV's decision to remove Bloomberg TV at the end of our current agreement on September 30 is disappointing, given our active negotiations and good faith engagement throughout the process. Bloomberg has hundreds of loyal affiliates in the U.S. who value our content, and we're available anytime to restart the discussion toward reaching a fair new carriage deal and continuing to serve Bloomberg TV viewers. Bloomberg TV's global coverage remains available via various other carriers and continues to stream on the Bloomberg TV+ app through numerous connected platforms, reaching more than 70 nations.
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George Winslow is the senior content producer for TV Tech. He has written about the television, media and technology industries for nearly 30 years for such publications as Broadcasting & Cable, Multichannel News and TV Tech. Over the years, he has edited a number of magazines, including Multichannel News International and World Screen, and moderated panels at such major industry events as NAB and MIP TV. He has published two books and dozens of encyclopedia articles on such subjects as the media, New York City history and economics.