DirecTV to sever ties with OAN and drop the right-wing conspiracy channel later this year

The move will deal a significant blow to the fringe outlet. Not only will OAN be removed from the millions of households that use DirecTV as a television provider, it will also suffer a major hit to its revenue.Reuters, citing sworn testimony that an OAN accountant gave in 2020, reported last year that 90% of the channel’s revenue came from subscriber fees paid by AT&T-owned platforms, including DirecTV.While DirecTV has since been spun off into a standalone company, AT&T (T) still owns 70% of it. (AT&T also owns CNN, though it is spinning off CNN parent company WarnerMedia in a deal with Discovery (DISCA) expected to be completed this

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