Pay TV Alone Isn’t Enough as Consumers Want More Broadband
May 1, 2014 7:41 p.m. ET
The world has become a tougher place for DirecTV since 2010, when AT&T Inc. unsuccessfully tried to buy the satellite-TV operator. After years of outperforming the rest of the pay-TV industry, subscriber growth has slowed sharply while programming costs are rising and cheap online video alternatives are multiplying.