Saturday, Oct. 30, 2021
Is an AT&T-affiliated satellite TV service an important source of revenue for One America News?
One America News, a conservative news channel, receives 90% of its revenues from a distribution contract with AT&T's 70%-owned DIRECTV satellite television service, according to court documents and transcripts reviewed by Reuters. AT&T does not agree with characterizations that it therefore "funds" the channel, but the privately-owned service nonetheless relies on the agreement for most of its revenue, Reuters found.
Without the AT&T revenue, OAN "would go out of business tomorrow,” a lawyer stated in court, according to Reuters. The statement came during a trial of a lawsuit brought by a former OAN employee against the conservative news channel, Reuters said.
Reuters said documents indicated that the channel relies on the AT&T fees for $57 million a month. AT&T says the figure is "inaccurate," but declines to provide a specific one.
AT&T sold part of its interest in DIRECTV in August 2021.
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