DirecTV has cut a deal to continue carrying right-wing network Newsmax Media.
The television provider dropped the outlet earlier this year and got push back from GOP lawmakers who said the decision was ideologically motivated. However, the company insisted that it was the result of a contract dispute that is becoming increasingly common as TV and streaming providers struggle to keep prices low enough for consumers.
"This resolution with Newsmax, resolving an all-too-common carriage dispute, underscores our dedication to delivering a wide array of programming and perspectives to our customers," said Bill Morrow, CEO of DirecTV. "Through our persistent negotiations, we reached a resolution under mutually-agreeable business terms allowing us to deliver the conservative news network at the right value – a reflection of the free market at work."
DirecTV said it resolved similar disputes with approximately 50 programmers or station groups over the past five years.
"Newsmax recognizes and appreciates that DIRECTV clearly supports diverse voices, including conservative ones," said Christopher Ruddy, CEO of Newsmax, in a press release. "As a standalone company, DIRECTV helped give Newsmax its start nearly a decade ago as it continues to do with upcoming news networks, which is why we are pleased to reach a mutually beneficial agreement that will deliver our network to DIRECTV, DIRECTV STREAM and U-verse customers over the next several years."
Karl Farmer, Vice President and Portfolio Managers at Rockland Trust Bank, breaks down why inflation and interest rates may stick at these levels, and why Bitcoin still carries some risks.
If you wince at the grocery store checkout, you’re not alone. Wall Street Journal reporter Jesse Newman breaks down why prices are so high – and not going down anytime soon.
An inflation gauge favored by the Federal Reserve increased in January, the latest sign that the slowdown in U.S. consumer price increases is occurring unevenly from month to month. (Getty Images)
Glen Smith, CIO at GDS Wealth Management, shares how investors can allocate their assets as the market broadens and why he’s eyeing June for the first potential rate cut.
After years of price increases for cars and trucks in the United States, costs are slowing and in some cases falling, helping cool overall inflation and giving frustrated Americans more hope of finding an affordable vehicle.
Missed out on the Nvidia wave? Oh course you did — you’re reading this article aren’t you, instead of luxuriating on a white-sand beaches of Bali. But here are at least four other promising semiconductor stocks to add to your portfolio.