https://arstechnica.com/tech-policy/2024/09/directv-agrees-to-buy-satellite-rival-dish-and-its-debt-for-one-dollar/

DirecTV today announced an agreement to buy the Dish satellite TV and Sling TV streaming business from EchoStar for a nominal fee of $1 in what the companies called a debt exchange transaction. DirecTV will take on $9.75 billion of Dish debt if the deal is completed.

In a related transaction also announced today, private equity firm TPG plans to buy AT&T's 70 percent stake in DirecTV. TPG already owns the other 30 percent of DirecTV.