Seeking Alpha

WSJ: Hilton helps Weather Channel, DirecTV resolve difference

  • The Weather Channel is returning to DirecTV (DTV) after the latter agreed to a slight increase in carriage fees.
  • DirecTV had wanted a sharp cut in tariffs and dropped the Weather Channel from its line-up in January following a dispute over the payments.
  • However, DirecTV had a change of heart after Hilton Worldwide (HLT) insisted that the satellite-TV provider carry the Weather Channel as part of a deal in which DirecTV would become the hotel giant's "preferred" provider, the WSJ reports.
  • Hilton's majority owner is Blackstone (BX), which is also an investor in the Weather Channel along with Comcast's (CMCSA) NBCUniversal. However, sources say that Blackstone had no influence on Hilton's demand for the Weather Channel.
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Comments (4)
  • Econ Student
    , contributor
    Comments (220) | Send Message
    However, sources say that Blackstone had no influence on Hilton's demand for the Weather Channel. I don't believe that. It's good it's back. That new channel they had was no good.
    9 Apr 2014, 07:55 AM Reply Like
  • Ready2Retire
    , contributor
    Comments (10) | Send Message
    Who cares? At least Weather Nation had weather 24/7; hope my rates don't go up for this.
    9 Apr 2014, 08:27 AM Reply Like
  • Daniel5150
    , contributor
    Comments (141) | Send Message
    I agree Weather Nation had at least,ummm,Weather!
    I can see my rates going up already,welcome back Weather Channel.or is it Discovery Channel,or the History channel
    9 Apr 2014, 09:33 AM Reply Like
  • OldWarrior
    , contributor
    Comments (2538) | Send Message
    History Chanel is now Alien Invaders Chanel anyway, so now maybe I can catch History on TWC.
    9 Apr 2014, 02:58 PM Reply Like
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