In a significant move reshaping the television landscape, DirecTV has officially agreed to acquire its longtime rival Dish Network in a merger aimed at creating the largest pay-TV provider in the United States. After years of negotiations and efforts to consolidate the satellite television market, the deal will allow DirecTV to buy Dish for just $1 while also assuming approximately $20 billion in debt. This merger not only positions the combined entity as a formidable competitor against streaming services but also marks a pivotal moment as AT&T exits the pay-TV business. The acquisition is expected to unify DirecTV's and Dish's offerings, integrating both companies' resources including Sling TV under the new pay-TV giant. EchoStar, Dish's parent company, is also expected to benefit financially from the arrangement as it seeks to enhance its strategic focus and address its debt profile. The merger could bring together more than 20 million subscribers, bolstering the combined company's market share.