One America News (OAN) derives 90% of its revenue from DirecTV, so the provider’s plan to ditch them is a virtual death sentence.
Bloomberg reported that DirecTV was removing OAN:
The satellite TV provider has informed OAN owner Herring Networks Inc. that it plans to stop carrying the company’s two channels when their contract expires. Herring Networks also owns AWE, a lifestyle channel that stands for “A Wealth of Entertainment.”
“We have informed Herring Networks that, following a routine internal review, we do not expect to enter into a new contract upon the expiration of our current agreement,” the company said in a statement emailed to Bloomberg News. .
Brad Heath of Reuters reported that OAN derives 90% of its revenue from DirecTV:
This is potentially a very big problem. OANN said it derives 90% of its revenue from DirecTV owner AT&T. https://t.co/4R7m4Qnkef https://t.co/9WaCSGDks9
—Brad Heath (bradhath) January 15, 2022
There were likely many factors involved in DirecTV’s decision, namely the tiny rating for OAN. One America News saw a brief ratings boost after Trump was angry with Fox News for calling Arizona for Joe Biden and publicly pressured his supporters to watch OAN.
Trump and his staff elevated OAN and frequently called out to them at press briefings and presidential events during his tenure,
DirecTV essentially built OAN, and without their funding and platform, the serial propagandist disinformator is likely to disappear from the airwaves this spring.
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