According to Bloomberg, the satellite company recently informed OANN's parent company, Herring Networks, that, "following a routine internal review, we do not plan to enter into a new contract when our current agreement expires."

Herring's contract with DirecTV, which began in 2017, expires in April.

DirecTV's decision not to renew its agreement with OANN will place an enormous financial burden on the right-wing network, as the satellite company—which is 70% owned by AT&T—accounts for nearly all of the channel's revenue, Reuters reported.

In fact, transcripts from a 2020 court proceeding show an attorney for OAN saying, "If Herring Networks, for instance, was to lose or not be renewed on DirecTV, the company would go out of business tomorrow"... Subscribe for free to Breaking Christian News here

Continue reading here.

To receive daily emails from Breaking Christian News to your inbox CLICK HERE

Tens of Thousands Attend Jerusalem Annual Passover Priestly Blessing, Focus on Hostages, Families

Oregon Taps Out of Drug Decriminalization: Three Years after Voting to Make Drug Use Legal, the State Has Reversed Course

Pro-Life Democrat Runs 'Graphic' Abortion Ad during the 'Today' Show

Outrage Follows Biden's Abortion Blessing at a Recent Rally

Alberta Official Reveals 'Almost All' Wildfires in Province This Year Have Been Started by Humans, Not Climate Change

Biden's EPA Rolls Out Regulations Aimed at Killing the American Coal Industry

New York City Union Workers Backing Trump 3 to 1 Over Biden; Chant 'We Love Trump' during Impromptu Visit

8 GOP States (and Counting) Ban Biden's DOJ from 'Intimidating' Voters at 2024 Polls

Poll: A Majority of Americans Support Mass Deportation for Illegals, and Nearly Half of Latinos Agree

West Virginia Student Helps Pass Bill to Teach Intelligent Design: 'This Is a God-Fearing State'

Free Speech Resolution Allows Satanic Temple 'Invocation' Sparking Chaos at a Michigan Board Meeting

Paris Olympics Will Feature a 'Pride House' to 'Celebrate' Homosexual and Gender-Confused Athletes

Video Captures Drag Queen Indoctrinating Kids, Getting Them to Chant... 'Free Palestine'

Who's Funding the Anti-Israel, Pro-Palestine Protests?

More Lawfare: Former Arizona GOP Chair Kelli Ward, Rudy Giuliani, Mark Meadows Indicted for Role in Alternate Electors Case

DEVELOPING: Harvey Weinstein Rape Conviction Overturned By New York Appellate Court

Supreme Court Puts Final Nail in Coffin of Effort to Block Trump from Ballot in Arizona

SCOTUS Begins Hearing Arguments on Presidential Immunity: Is This the Most Important Day for Donald Trump?

Courageous: Worship Leader Sean Feucht Prepares to Confront Anti-Israel Evil, Darkness, and Horror

'Australian Censorship Commissar' Orders X to Globally Remove Video of Islamic Terror Attack on Christian Bishop