Jan 16, 2022 - Economy

DirecTV to remove conservative news network OANN

Sara Fischer

A screenshot of "The Real Story with Natalie Harp" on OANN.

DirecTV, the satellite company jointly owned by AT&T and private equity giant TPG, will no longer distribute the far-right One America News Network after its current contract expires, a spokesperson confirmed to Axios.

Why it matters: It's a massive blow to OANN's business as the majority of its revenue comes from distribution contracts with AT&T.

Details: “We informed Herring Networks that, following a routine internal review, we do not plan to enter into a new contract when our current agreement expires,” said a DIRECTV spokesperson.

The programming is available today under the existing agreement between the two companies. It's unclear when that contract expires. Bloomberg first reported the news.

The big picture: Telecom providers have faced increased pressure from lawmakers to address the misinformation that's spread by TV networks they distribute.

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DirecTV to remove conservative news network OANN

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