In December 1998, DirecTV acquired USSB for $1.3 billion, and combined the two satellite services. On November 11, 1997, DIRECTV signed a two-year deal with Action Adventure Network to offer original series and telefilms for pay-per-view viewing, for $2.99 with the intent to expand. The USSB and DirecTV programming services were launched on June 17, 1994. DirecTV selected an additional six channels Clara+Vision, Inspirational Life, NASA TV, PBS YOU, StarNet and WorldLink TV, for the mandate. DirecTV had given PBS Kids, PBS's original application, carriage that did not count against the set aside six weeks before the deadline. DirecTV selected C-SPAN, EWTN and the Trinity Broadcasting Network from its current channel lineup plus request additional proposals from other programmers. ĭirect satellite broadcasters were mandated in 1992 to set aside 4% of its channel space for noncommercial educational and informational programming. HHMI created DIRECTV as a separate division and secured an agreement with USSB to build and launch the first high-power direct-broadcast satellite system. HHMI and other companies believed in the early 1990s that technology would soon make digital satellite television affordable. Hubbard founded United States Satellite Broadcasting (USSB) and was a leading proponent for the development of direct-broadcast satellite service in the United States. General Motors then merged Hughes Aircraft with its subsidiary Delco Electronics to create Hughes Electronics Corporation. In 1984, the court appointed a new board for HHMI, which proceeded to sell off Hughes Aircraft to General Motors on December 20, 1985, for an estimated $5.1 billion. Following Hughes' death in 1976, HHMI was incorporated in 1977, and litigation ensued to determine whether it would be allowed to maintain its interest in Hughes Aircraft. In 1953, Howard Hughes created the Howard Hughes Medical Institute (HHMI), to which he transferred full ownership of Hughes Aircraft. History Hughes Electronics Hughes Electronics logo (1985–1990) On February 25, 2021, AT&T announced that it would spin-off DirecTV, U-Verse TV, and DirecTV Stream into a separate entity, selling a 30% stake to TPG Inc., while retaining a 70% stake in the new standalone company. Īs of the end of Q1 2021, AT&T had 15.9 million pay-TV customers, including DirecTV, U-Verse, and DirecTV Stream subscribers. On July 24, 2015, after receiving approval from the Federal Communications Commission and the Department of Justice, AT&T acquired DirecTV in a transaction valued at $67.1 billion. Its primary competitors are Dish Network, traditional cable television providers, IP-based television services, and other over-the-top video services. It also provides traditional linear television service delivered by IP through its U-verse TV brand and a Virtual MVPD service through its DirecTV Stream brand. Originally launched on June 17, 1994, its primary service is a digital satellite service serving the United States. DirecTV (trademarked as DIRECTV) is an American multichannel video programming distributor based in El Segundo, California.
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