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DirecTV Buys Streamers Dish and Sling

Satellite-first TV provider DirecTV is diving deep into the streaming world with the acquisition of Dish and Sling from their owner EchoStar for a modest $1 (okay, plus the assumption of almost $10 billion in debt). The combination of DirecTV and Dish will create the nation’s largest pay TV service with some 18 million subscribers. Sling TV is heavy on live sports.