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KSL made a deal with DirecTV over the weekend, but subscribers to the satellite TV company hoping to see the Pac-12 Network were once again disappointed.

Terms of the deal between KSL, Utah's NBC affiliate, and DirecTV were not announced. Channel 5's general manager, Tanya Vea, issued a statement that "agreed to fairly compensate KSL for its valuable content."

A protracted dispute over how much DirecTV would compensate KSL for its signal had kept Channel 5 off the satellite giant's lineup since Aug. 21. Channel 5 insisted it offered the satellite company the same terms it had agreed to in contracts with Dish and dozens of cable companies; DirecTV claimed KSL was demanding three times what it had been paid under the previous contract — a claim Channel 5 adamantly denied.

Which side blinked is unclear; neither KSL nor DirecTV is releasing any information about their deal. But as of Sunday, the approximately 220,000 DirecTV subscribers in Utah and parts of surrounding states could once again watch Channel 5.

However, hopes that DirecTV would add the Pac-12 Network to its lineup were once again dashed. There was some optimism that the satellite TV provider's new owner — AT&T completed its takeover of DirecTV in July — would be able to work such a deal, given that AT&T carries P12N on its U-verse service.

But the San Jose Mercury News reported that the Pac-12 rejected an offer from AT&T that would have given the telecommunications giant an equity stake in the Pac-12 Network and forced P12N to not only accept less from DirecTV, but redo its contracts with Dish and a multitude of cable companies at lower subscription rates as well.

This latest round of failed talks between the Pac-12 and DirecTV comes at a time when the league continues to struggle to reach distribution parity with rival leagues and rival channels. The Pac-12 Network is in 12.3 million homes, compared to 62 million for the Big Ten Network and 69.1 million for the SEC Network, according to media analyst SNL Kagan.

Further, P12N brings in $57.6 million per month (12.3 million homes x $.39 per subscriber), compared to $290.2 million for the Big Ten Network (62 million homes x $.39) and $547.3 million for the SEC Network (69.1 million homes x $.66), figures also provided by SNL Kagan.

The Pac-12 is the sole owner of its channel; the SEC partners with ESPN and the Big Ten partners with Fox. And, because the Pac-12 goes it alone, much of the revenue goes into operating the channel — meaning member schools are getting about $1 million a piece from P12N, far short of the $5-$6 million that was projected.