Meet OAN, the little-watched right-wing news channel that Trump keeps promoting

The transfer will deal a big blow to the fringe outlet. Not solely will OAN be faraway from the tens of millions of households that use DirecTV as a tv supplier, it will additionally endure a significant hit to its income.

Reuters, citing sworn testimony that an OAN accountant gave in 2020, reported last year that 90% of the channel’s income got here from subscriber charges paid by AT&T-owned platforms, together with DirecTV.
While DirecTV has since been spun off right into a standalone firm, AT&T (T) nonetheless owns 70% of it. (AT&T additionally owns NCS, although it’s spinning off NCS father or mother firm WarnerMedia in a cope with Discovery (DISCA) anticipated to be accomplished this year.)

It is unknown what quantity of the channel’s income presently comes from DirecTV or what number of households it will attain as soon as DirecTV stops carrying it. But the community’s web site solely lists a couple of different nationwide carriers, Verizon FiOS most prominently amongst them.

In an announcement, a DirecTV spokesperson informed NCS, “We informed Herring Networks that, following a routine internal review, we do not plan to enter into a new contract when our current agreement expires.”

Bloomberg News, which broke the story, reported that the contract expires in early April. An individual acquainted with the matter confirmed that date to NCS.
Meet OAN, the little-watched right-wing news channel that Trump keeps promoting

Through the years, OAN has promoted conspiracy theories and outright lies on a lot of points, together with the outcomes of the 2020 presidential election and the coronavirus pandemic. Trump favored the community as a result of it was prepared to advance his lies.

The transfer by DirecTV to sever ties comes amid a nationwide reckoning about the proliferation of misinformation, disinformation, and conspiracy theories.

The resolution additionally comes after vital controversy following Reuters’s story, which reported that AT&T performed a key position in OAN’s founding.

The National Association for the Advancement of Colored People stated at the time that it was “outraged” by the report.

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